Between 1997 and 2001, 3 web portal giants were born in Korea in a mini .com boom that mirrored similar in the west. Daum, Naver and Nate utilized the incredible IT infrastructure that had been built through a massive, strategic cash injection from the Korean government that aimed (and succeeded) in powering Korea to the status of one of the most progressive technology hubs in the world. This legacy still prevails and…

Last week saw Lee Hae-jin, CEO of NAVER Corp., the country’s largest Internet portal operator, ranked No. 1 among Korean stock-rich business owners, in terms of valuation gains on his stock holdings. The combined value of Lee’s shares rose to 1.1 trillion won (US$1.24 billion), more than a two-fold increase, from 507.4 billion won, posted at the end of December 2012, according to data released by market research firm FnGuide. Global Ambitions:…