Age, Biography and Wiki
Birth Day | March 20, 1954 |
Birth Place | Beverly Hills, California, United States |
Age | 69 YEARS OLD |
Birth Sign | Aries |
Residence | Beverly Hills, California, U.S. |
Occupation | Founder and owner of Forever 21 |
Spouse(s) | Jin Sook Chang |
Children | 2 Linda Chang Esther Chang |
Net worth: $3 Billion (2024)
Do Won and Jin Sook Chang, the renowned power couple behind the Fashion and Retail industry in the United States, are projected to have a net worth of $3 billion by 2024. Having built an empire on their visionary approach and astute business acumen, the Changs have revolutionized the fashion landscape with their popular clothing brand. Their entrepreneurial journey has been nothing short of remarkable, as they navigated obstacles and seized opportunities to amass an incredible fortune. Today, Do Won and Jin Sook Chang stand as prominent figures in the fashion industry, leaving an indelible mark on American retail.
Famous Quotes:
For me family is the most important. When people talk about the American Dream, they are talking about a better life. However, if the business is doing well but your family is broken, that isn't quite success to me.
Biography/Timeline
Chang grew up in South Korea and moved to California in 1981 with his wife.
He and his wife, Jin Sook (Hangul: 진숙), opened a 900-square foot clothing store then named Fashion 21 in 1984 in Highland Park, Los Angeles with only $11,000 in savings. The store took off, and as they expanded to other locations the store's name was changed to Forever 21. The number of stores grew to 600, with 30,000 employees by 2015. The company has remained a family operation. Forbes in 2012 estimated Chang and his wife's net worth to be $4 billion.