Start-up Magnate Donates W5 Billion to Charity
Kim Bong-jin, the head of Woowa Brothers, a start-up that operates a mobile app for food-delivery services, donated W5 billion to the Community Chest of Korea on Thursday (US$1=W1,073).
With the donation, Kim became the biggest ever donor to the charity and the 1,811st person among those who made more than W100 million.
The money will be used to provide scholarship and support programs for students in need.
"I hope this will create opportunities for underprivileged students to pursue their dreams," said Kim.