Do Won & Jin Sook Chang
Fashion & Retail

Do Won & Jin Sook Chang Net Worth

Do Won and Jin Sook Chang, born on March 20, 1954 in Beverly Hills, California, are the cofounders of the successful fashion chain Forever 21. Starting with only 11,000 in savings, they have grown the business to a $4 billion empire with 790 stores in 48 countries.
Do Won & Jin Sook Chang is a member of Fashion & Retail

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.

2011 $3.6 Billion
2012 $4.5 Billion
2013 $5 Billion
2014 $5.2 Billion
2015 $4.6 Billion
2016 $3 Billion
2017 $2.8 Billion
2018 $3.13 Billion

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

1981

Chang grew up in South Korea and moved to California in 1981 with his wife.

1984

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.

Some Do Won & Jin Sook Chang images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.