Alumnus Hui Sung Yoo Donates 1 Billion KRW, Continuing His Legacy of Generosity 

Mr. Hui Sung Yoo (Class of 1958), an alumnus with a heartfelt wish to dedicate everything to his alma mater, Korea University, and its Business School, has an inspiring history of giving that dates back to 2011. That year, he appeared at Korea University and made a remarkable donation of 1 billion KRW to fund the construction of KUBS’s new building. In 2015, he once again visited his alma mater, handing over another check for 1 billion KRW to the development fund. In 2017, he donated a 155-square-meter (approx. 50-pyeong) apartment in Seoul’s Seocho District, valued at 2.4 billion KRW at the time, which held cherished memories of raising his children. 

Mr. Yoo’s philanthropy knows no bounds. He donated 1 billion KRW each in 2019 and 2020, followed by additional contributions of 1 billion KRW in early 2022 and again in May 2023, earning him the nickname “The 85-Year-Old Donation King.” Then, in November 2024, much like in 2011, he quietly reappeared to hand over another check for 1 billion KRW to KUBS’s development fund. With this, his total contributions to Korea University and its Business School have reached an astounding 9.4 billion KRW. 

On November 19, a ceremony titled the “KUBS Insung Fund Donation Ceremony” was held in the university president’s office. The event, celebrating Mr. Yoo’s latest donation of 1 billion KRW, was attended by President Dong-One Kim, Vice President for Development and External Affairs Hojung Shin, Dean Eonsoo Kim, Mr. Yoo’s children, and fellow alumni from the Class of 1958. 

At the ceremony, Mr. Hui Sung Yoo shared, “I have always expressed my desire to give everything I have to Korea University throughout my life, and I plan to continue adhering to this philanthropic philosophy. As we approach the university’s 120th anniversary, I feel immense pride as an alumnus witnessing its ongoing development.” He added, “I hope that the faculty of KUBS will impart knowledge to students through their research, and that these students, through their dedicated studies, will grow into leaders shaping the future, creating a virtuous cycle.” 

In response, President Dong-One Kim expressed heartfelt gratitude, saying, “We deeply appreciate the unwavering love you have shown for your alma mater over the past 13 years. The Insung Fund you have generously donated will actively support the research efforts of KUBS faculty and help nurture creative talents who will lead emerging trends.” 

The KUBS Insung Fund, named after the Chinese characters for “仁” (In) from the names of Mr. Yoo’s mother and grandmother, and “星” (Sung) from his own name, supports research initiatives by the school’s faculty. Mr. Yoo’s contributions have been utilized in various ways, including the Insung Scholarship Fund, Insung Research Fund, and Insung Research Award. In recognition of his generosity, Lecture Room B205 in the Hyundai Motor Hall has been named the “Hui Sung Yoo Lecture Room.”