| CEO Name | Hae-Myung Hong |
| Nationality | South Korea |
| Net Worth Estimation | $10 million |
Hae-Myung Hong, CEO of Seoul Auction, has an estimated net worth of around $10 million, primarily driven by equity stakes in the auction house, a leading art auction platform in Korea, and earnings from art-related business ventures. Fluctuations in Seoul Auction's financial performance and the broader art market influence his net worth valuation.
Hae-Myung Hong, CEO of Seoul Auction, has an estimated net worth of $10,000,000, which is 0.167% of the maximum and 10% of the minimum within the auction business category range ($1,000,000-$6,000,000,000). His net worth places him closer to the lower end of CEOs in his industry.
Business Category: Auction
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 6000000000 USD
Hae-Myung Hong Performance in Seoul Auction
Hae-Myung Hong, CEO of Seoul Auction, demonstrated strategic leadership by innovating digital auction platforms and expanding global partnerships. His decisive approach improved operational efficiency and market positioning, driving consistent revenue growth. Under Hong's tenure, Seoul Auction strengthened its dominance in the Asian art market, significantly enhancing shareholder value and brand reputation.
Latest News
Seoul Auction CEO Lee fined for tariff law violations while company expands digital and luxury art markets.
CEO Lee Ok-kyung and Seoul Auction were fined 50 million won for falsely declaring exports of artworks to Hong Kong in 2020. Meanwhile, Seoul Auction continues growth with IT division expansion and a focus on luxury goods amid Korea's evolving art market[11].
Source: http://biz.chosun.com/en/en-society/2025/09/10/QI7BZB4TTZA3XLE5QGOKDNCRPI/