Billionaire dealmaker Michael ByungJu Kim, a former Goldman Sachs banker, is disrupting the private equity sector in South Korea by challenging the country's powerful chaebols.
His bestselling book, published in 2020, tells the story of a young banker caught up in the complex dynamics of the nation's wealthiest families.
This narrative is now reflecting real-life developments in the financial landscape. Kim's rise in the private equity industry is part of a larger trend of industry leaders taking on established conglomerates, which is reshaping the competitive landscape.
The implications of Kim's actions for both domestic and international investors are significant and could lead to a reevaluation of investment strategies in the region.