lthough South Korea’s benchmark Kospi index was one of the worst performers in Asia last year, it rebounded in 2024 fueled by investor frenzy over AI and the government’s $470 billion plan with the private sector to make the country a global chip production hub. The Kospi’s 11% rise, since we last measured fortunes 12 months ago, lifted the collective net worth of the country’s 50 richest to $115 billion from $106 billion.