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Park Dong-suk

Park Dong-suk

P. Dong-suk
-0.06% | - $-1.10M
$1.76 B ₹ 16,050 Cr
Real Time Net Worth #2257 Ranking as of 21 Feb 2026 By Forbes

More on Park Dong-suk

Gender

Male

Age

68Y

Country

South Korea

Born On

January, 1958

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Korea University

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Manufacturing)

Primary Organization

Sanil Electric

Titles

Founder & CEO

Sources of Wealth

Transformers

Industry

Manufacturing, Energy

About Park Dong-suk


P ark Dong-suk is the founder and CEO of Sanil Electric, a South Korean manufacturer of specialized electrical transformers. He established the company in 1987 (restructured in 1994), building it into a key player in the global power infrastructure market. Sanil Electric specializes in producing transformers and reactors for industrial applications, including renewable energy projects and power grids. Park's leadership has been defined by a strong focus on engineering excellence and export-driven growth.

Under Park's direction, Sanil Electric has capitalized on the surging global demand for upgrading power grids, particularly in the United States and Europe. The company went public in 2024, a milestone that highlighted its rapid expansion and technological capabilities. Park is also a dedicated philanthropist, having made significant donations to his alma mater, Korea University, to support engineering research and development. His success reflects the critical role of specialized manufacturing in the modern energy transition.

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Quick Reads


Early Life and Background


Park Dong-suk is a Korean businessman, the founder and CEO of Korean electrical transformer manufacturer Sanil Electric (KRX: 002280).

He set up the company in 1994 after gaining experience working at Korean competitor manufacturer Yuil Electric. The company's primary market is international, with more than 60% of its revenue coming from the U.S..

  • Core Company: Sanil Electric (Electrical transformer manufacturer).
  • Founding: Set up the company in 1994.
  • Key Customers: Supplies utilities giants GE Vernova, PG&E and Duke Energy in the U.S..

Career Journey of Park Dong-suk


Park Dong-suk successfully leveraged his prior industry experience to found Sanil Electric in 1994. His structural achievement is building a manufacturing company that provides essential components (electrical transformers) to major utilities and energy providers, especially in the U.S. market, which accounts for more than 60% of its revenue.

The company went public in 2024, raising 266 billion won ($190 million), securing his fortune and enabling further growth.

  • IPO: Went public in 2024, raising 266 billion won ($190 million).

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Park Dong-suk's Timeline


Pre-1994:

Worked at Korean competitor manufacturer Yuil Electric.

1994:

Set up Sanil Electric.

2024:

The company went public, raising 266 billion won ($190 million).

Ongoing:

Continues as Founder and CEO.

Major Business Ventures and Investments


Park Dong-suk's wealth is concentrated in his founding equity and continued executive leadership of the publicly traded industrial manufacturer, Sanil Electric.

  • Sanil Electric (Founder & CEO): Korean electrical transformer manufacturer.
  • U.S. Focus: More than 60% of revenue comes from the U.S., supplying giants like GE Vernova and Duke Energy.
  • Prior Experience: Worked at Korean competitor manufacturer Yuil Electric.

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Philanthropy and Social Impact


Fashion, Style, and Lifestyle


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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the founder and CEO of Korean electrical transformer manufacturer Sanil Electric.
  • More than 60% of Sanil Electric's revenue comes from the U.S..
  • Customers include utilities giants GE Vernova, PG&E and Duke Energy.
  • The company went public in 2024, raising 266 billion won ($190 million).

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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