Do Won Chang
|Do Won Chang|
March 20, 1954|
|Residence||Beverly Hills, California, U.S.|
|Occupation||Founder and owner of Forever 21|
|Net worth||$3.2 billion (February 2018)|
|Spouse(s)||Jin Sook Chang|
He and his wife, Jin Sook (Hangul: 진숙), opened a 900-square foot clothing store then named Fashion 21 in 1984 in Highland Park, Los Angeles with only $11,000 in savings. The store took off, and as they expanded to other locations the store's name was changed to Forever 21. The number of stores grew to 600, with 30,000 employees by 2015. The company has remained a family operation. Forbes in 2012 estimated Chang and his wife's net worth to be $4 billion.
The Changs have donated money to churches and faith groups, and Do Won travels to perform missionary work.
- "Jin Sook & Do Won Chang". Forbes. Retrieved 20 February 2018.
- Chung, Grace (October 5, 2016). "Exclusive Interview With One Of America's Most Successful Immigrants: Forever 21's Do Won Chang". Forbes. Retrieved 2017-01-28.
- Bensinger, Ken (July 31, 2010). "How I Made It — Do Won Chang". Los Angeles Times. ISSN 0458-3035. Retrieved 2017-01-28.
- Wiseman, Eva (July 16, 2011). "The gospel according to Forever 21". The Guardian. ISSN 0261-3077. Retrieved 2017-01-28.