The Man Who Brought Fila Back From Dead Is Worth $830 Million

They’re the chunky, thick-soled throwbacks to the 1990s known as “dad shoes.” And they’re beloved by millennials, whose fascination with retro footwear has brought Fila back from the dead. They’ve also helped Yoon Yoon-soo amass an unlikely fortune. Gene, as he’s known in English, is estimated to be worth about $830 million through his stake in Fila Korea Ltd., which acquired the global Fila brand in 2007 in what South Korean media called a shrimp swallowing a whale. Yoon went on to oversee a revival in Fila’s fortunes, sending shares of his company surging.

Source: https://www.bloomberg.com/news/articles/2019-06-22/-dad-shoes-and-golf-balls-make-fila-savior-830-million-fortune?srnd=premium-middle-east

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