Chairman Kim Bong-jin of Woowa Brothers Corp., originally from Soan-myeon, Wando, Jeollanam-do, attended the handover ceremony where Mr. Kim Ok-jun, who donated 1,838 tablet PCs to the Jangbogo Scholarship Foundation, participated. (Photo by Wando County)

Chairman Kim Bong-jin of Woowa Brothers Corp., originally from Soan-myeon, Wando, Jeollanam-do, attended the handover ceremony where Mr. Kim Ok-jun, who donated 1,838 tablet PCs to the Jangbogo Scholarship Foundation, participated. (Photo by Wando County)

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[Wando=Asia Economy Honam Reporting Headquarters Reporter Choi Kyungpil] Wando County, Jeollanam-do announced that Kim Bong-jin, chairman of Woowa Brothers Corp. and recipient of the ‘Wando Citizen Award,’ made a generous donation to the Jangbogo Scholarship Foundation on the 31st.


Chairman Kim Bong-jin donated 1,838 tablet PCs to help middle and high school students in Wando County adapt to the rapidly changing information age.


When converted into monetary value, this amounts to approximately 1.67 billion KRW, making it the largest donation since the establishment of the Jangbogo Scholarship Foundation.


The tablet PCs were presented at the 50th Wando Citizen Day ceremony on the 31st, with Kim Ok-jun, the father of Chairman Kim Bong-jin who currently resides in Singapore, attending the ceremony on his behalf.


In his remarks on behalf of Chairman Kim Bong-jin, Kim Ok-jun said, “It is an immense honor to receive the Citizen Award,” and added, “Thinking of meaningful contributions to Wando, we decided to gift the tablet PCs to create a good environment for students to study and to help them grow into outstanding talents who will contribute to Wando’s development.”


Shin Woo-cheol, mayor of Wando County and chairman of the Jangbogo Scholarship Foundation, expressed deep gratitude to Chairman Kim Bong-jin for his generous donation and warm heart, stating, “We will do our best to carry out scholarship projects so that students can focus on their studies.”


Kim Bong-jin, originally from Soan-myeon, Wando, founded Woowa Brothers in 2010 with a capital of 30 million KRW and expanded his business centered on the delivery app ‘Baedal Minjok.’ Over about ten years, he grew the company’s value to approximately 4.7 trillion KRW, becoming a legendary figure in the Korean startup industry.


In February, Chairman Kim announced that he would donate more than half of his wealth to society and, together with his wife Seol Bo-mi, became the first Koreans and the 219th donors worldwide to register with the global philanthropy club ‘The Giving Pledge.’


‘The Giving Pledge’ requires members to have assets exceeding 1 billion USD (approximately 1.1 trillion KRW) and to pledge to donate more than half of their wealth.



Considering the value of the DH (Delivery Hero) shares he received from selling ‘Baedal Minjok’ to the German company Delivery Hero, the couple’s combined assets exceed 1 trillion KRW.


This content was produced with the assistance of AI translation services.

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