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Cashing in on Pop Culture

Forbes - 24 Apr 2013 23:50
Cashing in on Pop Culture If 2012 was the year the Korean Wave came ashore around the world, then certainly Lee Jay-Hyun made one of the biggest splashes. His CJ Group is big in Korean entertainment, and at a time when Korean movies and K-pop songs seem to be everywhere, that has helped goose the stock price. Lee's wealth jumped 70%, to $1.7 billion, over the past year, riding an 84% leap in holding company CJ Corp.'s stock price. He moved up to No. 10 on the list, from No. 22 a year ago.
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