Coupang founder Bom Kim adds $8.6 billion to his wealth after listing on New York stock exchange

12:00:00 AM, Saturday 13th of March 2021 | in business

Bom Kim, the founder of Softbank-backed Coupang Incorporation which is also known as "Korea's Amazon", got richer by $8.6 billion after his company got listed on the New York stock exchange. The net worth of the firm crossed the $84 billion mark after getting listed on the American exchange. It is the biggest listing by an Asian company on a US exchange since Alibaba Group Holding Ltd and also Korea's largest listing.