Kenny Park

Kenny Park, also known as Park Eun-kwan, is a South Korean businessman. He is the founder and CEO of Simone Accessory, a handbag and accessories manufacturer.

Kenny Park
Born
Park Eun-kwan

1954/1955 (age 65–66)[1]
NationalitySouth Korean
Alma materYonsei University
Occupationbusinessman
Known forfounder and CEO of Simone Accessory
Net worthUS$ 610 million[1]
Spouse(s)Married
Children2
Korean name
Hangul
박은관
Hanja
朴殷寬[2]
Revised RomanizationBak Eun-gwan
McCune–ReischauerPak Ŭn-gwan

Early life

In 1978, Park earned a degree in German and literature from Yonsei University.[3]

Career

Park started making handbags for Donna Karan in 1987, and Simone Accessory now makes bags for other brands including Esprit, Michael Kors, Kate Spade, Coach, Marc Jacobs, Alexander Wang, Versus Versace, and AllSaints.[3] Simone manufactures 30 million handbags and leather goods annually.[3]

In 2015, Blackstone Group acquired a 30% stake in Simone for $300 million.[3]

Park owns 62% of the company.[3] In March 2018, Park became a billionaire.[4][3]

Personal life

Park is married, with two children, and lives in Seoul.Park's daughter, Joowon, heads subsidiary Simone Fashion Co., which runs stores for German designer Karl Lagerfeld and Simone's own brand 0914.[1]

References

  1. "Forbes profile: Kenny Park". Forbes. Retrieved 26 July 2020.
  2. "앞서가는 사람: 핸드백수출 시몬느 朴殷寬 사장「傳統美」로 輸出험로 개척" [People moving forward: Park Eun-kwan, president of handbag exporter Simone, a pioneer of the dangerous road of 'traditional beauty' exports]. Kyunghyang Shinmun. 7 October 1990. p. 9. Retrieved 17 September 2018 via Naver News Library.
  3. Chung, Grace (6 June 2018). "South Korea's Richest 2018: A New Billionaire And Luxury Handbag Supplier To The Stars". Forbes. Retrieved 28 June 2018.
  4. "South Korea's Handbag King Becomes a Billionaire". Bloomberg. 5 March 2018. Retrieved 28 June 2018.


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