Shin Chang-Jae net worth: Shin Chang-Jae is a South Korean billionaire who has a net worth of $2 billion. Shin Chang-Jae by no means really wished to grow to be a businessman and now he serves as Chairman and CEO of Kyobo Life Insurance, an organization began by his father. Shin’s father set the idea of the muse and established the Kyobo Book Center chain, a subsidiary of the insurance coverage group. At the time, Shin Chang-Jae declined his father’s supply to ship him to a enterprise faculty abroad. Instead, he stayed in his homeland South Korea, the place he attended medical faculty and have become an obstetrician and medical faculty professor at Seoul National University. But in 1997, he took over the place of Chairman at Kyobo, since his father was now not capable of play that position changing into sick from most cancers. Ever since, he has constructed Kyobo into the nation’s second-biggest life insurer. This reluctant government noticed his wealth swell through the years, and in 2009, he gained the celebrated Asia Insurance Industry Award. In addition to operating an organization in such a scorching trade in Korea like insurance coverage, Shin is married with two youngsters.