Hong Ra-hee (born 15 July 1945) is a South Korean billionaire businesswoman who is the director of Leeum, Samsung Museum of Art. She is the widow of Lee Kun-hee, who was the richest person in South Korea. She is known as the most powerful art collector in South Korea.

Chey Tae-won (born December 3, 1960), also known by his English name Anthony Chey, is a South Korean business magnate. He is the chairman of SK Group, Korea's second largest conglomerate that mainly engages in energy, chemicals, telecommunications, semiconductor, and biopharmaceutical businesses.

SK On, the parent company of SK Battery America, is a global leading electric vehicle battery developer, manufacturer, and solutions provider.

South Korea is therefore one of the world's largest economies and is currently at rank 13. If this is calculated per inhabitant, taking purchasing power parity into account, then South Korea is in the list of the world's richest countries in place 32. Inflation in South Korea in 2022 was around 5.09%.