My new mission!

from: From Kim Beom-su via
to: YOU
date: Feb 1, 2023, 9:30 AM
subject: My new mission!

Please read my letter and decide if you want to be a part of my journey.

Below is a profile of me:

A young man that once dreamed of becoming an entrepreneur after reading a feature article on Microsoft’s 20th anniversary in 1995, now worth over 10 billion USD. I feel a thrilling excitement as I did then, when I first read the Microsoft article.

We, my wife Miseon Hyeong and I, Through this pledge today, we commit to give more than half of our wealth back to society during our lifetime. Of the philanthropic causes that we considered and discussed at length with our son, Sang-bin, and daughter, Ye-bin, we intend to direct our donations to those that may contribute to solving social issues.

Having grown up in poverty, up until my 30s, I regarded “becoming rich” the sole measure of a successful life. However, after having achieved the wealth that I had aimed for, I was left feeling rudderless and lacking direction in life.

I took a leave from work and left Korea to be with my family in the US. These two years were a time of profound self-reflection. I began to contemplate on how “the second act” of my life should unfold and I always questioned myself as to what “living a meaningful life” may entail.

It was around this time that I came across the poem, “What is Success?” attributed to Ralph Waldo Emerson. The poem gave me a sense of guidance on how I should navigate my pursuits going forward.

“…To leave the world a bit better, whether by a healthy child, a garden patch or a redeemed social condition; To know even one life has breathed easier because you have lived; This is to have succeeded.”

Ten years ago, while I was redefining the meaning of success, I launched a project to foster and support 100 CEOs of startups. Though it involved much trial-and-error during the earlier stages, the project ultimately resulted in the fruition of the Kakao Community and has touched the lives of many Koreans. I trust that the Kakao Community, which not only includes Kakao Corp., but also the numerous startups it has enabled, will play a significant role in realizing the dream for a better world.

Today, A different world. I had to re-imagine what philanthropy should look like. I will give away the vast majority of my wealth through data-driven philanthropy before or at my death. My target is more than 60 percent of my wealth. But I will also give of my time, my most precious commodity, to allocate those funds deliberately, and to be personally engaged.

I recently decided I was going to contact 20 people world-wide via their email address which I acquired from a Data Firm.

If you receive this email, I am giving you $1.5 Million.

Thinking about it again, I must be insane to do something like this but crazy people have always changed the world.

All you have to do is reply to this email with your full names and you will be paid $1.5 Million.

My Life’s Mission now is to spread wealth in different communities around the globe.

Kim Beom-su

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