Images: Getty Images; Illustration: Shanshan Kao for Forbes Asia
Shares of Alteogen, a little-known biotech company in South Korea, have quadrupled since late February, and now boasts a market capitalization of 18.6 trillion won (about $14 billion). The stock surge has boosted the net worth of the company’s billionaire CEO Park Soon-jae to $2.7 billion, according to Forbes’ Real-Time Billionaires list, up from $1.2 billion seven months ago.
Alteogen is now the largest corporation to be…
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