David Yong has a net worth making him Singapore’s top 1 percent wealthy as he stars on Super Rich in Korea’s cast. His father launched Evergreen Group Holdings, which started out as a small business.
Super Rich in Korea is the new Netflix show following the country’s top wealthiest people, who consider the place as their second home. David Yong is the K-Pop-loving entrepreneur making millions.
David Yong’s net worth
David Yong’s net worth is an estimated $90 million, as per Belmont Film House. Yong is a luxury car lover with an impressive collection of 11 luxury cars and a private jet, which he does “to save time”.
He said his car collection is “no big deal”. And it’s not just business he’s talented in. David debuted as a singer in 2022 and invested $10.2 million in K-Pop through partnerships with agencies like Attrakt.
Before establishing himself as a prominent businessman and K-pop artist, Yong embarked on a career in law. He became a Managing Partner at YSL Legal in 2020, six years after graduating in 2014.
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Riches from Evergreen Group Holdings
Evergreen Group Holdings, initially established as a small business, was founded by David Yong’s father, Yong Ing Fatt, in the 1990s. It soon turned into a success and was taken over by David.
Yong now serves as the firm’s Chief Executive Officer. He also oversees various businesses in various industries, such as timber, real estate, food, lifestyle, and finance.
When he joined the family business in 2014, the headcount was around 150 to 200, with turnovers between $20 million and $25 million. Then, Yong achieved a turnover of $58.7 million in 2019.
He’s the richest on Super Rich in Korea
Singapore resident David Yong’s net worth makes him the richest on the Super Rich in Korea cast. The second richest contestant in the show is Yoo Hee Ra, also known as Aren.
David Yong, who introduces himself as Korea’s top 1 percent “super rich,” goes on a double date with Teodoro Marani (Teo) in the show, an Italian-born man whose parents are also rich.
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