Hur Young-In
Food and Beverage

Hur Young-In Net Worth

9 months ago

Hur Young-In is the founder of the Paris-Croissant Food franchise, which has over 3,000 stores worldwide. His father, Hur Chang-Sung, opened a small bakery in Ongjin in 1945, and Hur took over as CEO of Samlip General Foods in 1981. After the 1997-98 Asian financial crisis, Hur's Paris Croissant Co. acquired the company, which had been under court receivership. It now has over 1,800 Baskin-Robbins and Dunkin' Donut stores, as well as other franchise brands. Recently, it partnered with Shake Shack and opened the first location in Seoul in July 2016.
Hur Young-In is a member of Food and Beverage

Age, Biography and Wiki

Who is it? Paris-Croissant Food
Birth Place Seoul, South Korea, South Korea

💰 Net worth: $1 Billion (2024)

Hur Young-In, the entrepreneur behind Paris-Croissant Food in South Korea, is predicted to have a remarkable net worth of $1 billion by 2024. As the founder and chairman of one of the leading food conglomerates in the country, Hur Young-In has revolutionized the bakery and food service industry, establishing a strong presence both domestically and internationally. His innovative approach, commitment to quality, and strategic vision have contributed to the tremendous success and growth of his company. With an estimated net worth of $1 billion, Hur Young-In's influence and impact in the business world are undeniable, solidifying his position as one of the most influential figures in the South Korean food industry.

2016 $1.2 Billion
2017 $1.6 Billion
2018 $1.39 Billion

Biography/Timeline

1940

Hur is the second son of Hur Chang-sung, who founded the bakery called Sangmidang in Hwanghae Province (now in North Korea) in the 1940s. Under the influence of his Father, Hur enrolled in the American Institute of Baking in Kansas, United States in 1981 to learn breadmaking.

1986

Upon his return, he took over operations of Shany, a subsidiary of his father's parent company, Samlip Food Corporation. In 1986, Hur launched a French-style bakery called Paris Croissant. In 1988, his company launched a franchise brand called Paris Baguette, which facilitated parbaking, or 'bake-off system', to allow franchisees to bake products in-store.

2004

Upon successfully growing his franchise Business in South Korea and abroad, Hur founded the parent company, SPC Group in 2004, and relocated his subsidiaries, Paris Croissant, Samlip Food Corporation (now renamed SPC Samlip), and BR Korea. BR Korea is a joint venture for Baskin Robbins and Dunkin' Donuts operations in Korea.

2010

The 2010 Korea Broadcasting System television drama King of Baking, Kim Takgu (English title: Bread, Love and Dreams) is based on Hur's experience as a child overcoming hardships to make quality bread and grow his Business.

Some Hur Young-In images

Tags 1949 births Living people South Korean businesspeople

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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.