Jin Sook Chang Net Worth

6 months ago

Jin Sook Chang, born on March 20, 1954 in Beverly Hills, California, is an Entrepreneur and cofounder of Forever 21. She and her husband Do Won used their savings to open a 900 sq-foot clothing store in Los Angeles in 1984, which has since grown to a $4 billion (sales) teen retailer with 43,000 employees in 800 stores across 48 countries. Chang is the chief merchandising officer, and her daughters Linda and Esther also work in merchandising at the company. In 2017, Forever 21 was sued for allegedly not letting its employees speak any language besides English, which the company denies.

Age, Biography and Wiki

Who is it?	Entrepreneur
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: $1.5 Billion (2024)

Jin Sook Chang, a renowned entrepreneur based in the United States, is estimated to have a net worth of $1.5 billion in 2024. With her immense success in the business world, she has established herself as a formidable force in her industry. As the co-founder of Forever 21, a global fashion retail brand, Chang has made significant contributions to the company's growth and success. Her entrepreneurial skills, innovative ideas, and dedication have played a crucial role in leading Forever 21 to become one of the leading fashion retailers worldwide. With an impressive net worth, Jin Sook Chang continues to inspire aspiring entrepreneurs and showcase the potential for success through hard work and determination.

2015 $3.05 Billion

2016 $1.9 Billion

2017 $1.5 Billion

2018 $1.5 Billion

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 Jin Sook Chang images

Tags 1954 births American billionaires American retail chief executives American fashion businesspeople Businesspeople from California South Korean emigrants to the United States Living people