From CEO of 10 Billion Won to ‘0’

💸📉 From CEO of 10 Billion Won to a New Chapter: Navigating Life After Bankruptcy

In a revealing episode on KBS Joy’s ‘Ask Us Anything Fortune Teller,’ a once-successful businesswoman, who used to boast a net worth of 10 billion won (7,572,976$), shared her journey from prosperity to facing financial challenges during the 249th episode.

💼🔍 A Wealthy Past Unraveled: CEO to Basic Benefits Recipient

The guest, introduced as a former CEO with substantial wealth, disclosed her current circumstances. Previously living a life untouched by financial concerns, she found herself in the precarious position of bankruptcy, especially exacerbated by the challenges brought on by the COVID-19 pandemic.

🏠💬 Pivoting Amidst Difficulties: Considering Moves and School Transfers

Anything Let me ask you Emergence of a businessman with sales of 10 billion won Why did she visit the Bodhisattva house? نے Ask me anything Reduction in cost of living I'm planning to move Emergence of a businessman with sales of 10 billion won Why did she visit the Bodhisattva house? rattly If I transfer school I'm afraid the child will have a hard time

Despite the financial downturn, the storyteller is determined to navigate the difficulties. Contemplating a move to reduce living expenses, she faces the dilemma of transferring her elementary-school-aged child to a new school. The internal struggle between moving and giving up paints a poignant picture of adapting to a changed reality.

🏭🔄 A Heritage Lost: The Fabric Manufacturing Factory Business

Curious about the downfall, Seo Jang-hoon inquired about the nature of the business that led to bankruptcy. The storyteller revealed her involvement in a fabric manufacturing factory, emphasizing the challenges faced by family businesses during tough times.

🏠💰 The Unraveling of Assets: A Family Business Tied to a House

The once-wealthy CEO explained the intricate details of her financial decline. Inherited from her father, the family business forced her to sell the house to cover inheritance tax. With the company’s bankruptcy, her assets dwindled to zero.

🤝🤲 Family Bonds in Hard Times: A Collective Struggle

Ask me anything He was a businessman with sales of 10 billion won, but went bankrupt. I need to move, but I'm worried about my child. so When the company goes bankrupt, its assets are 0 won.

Acknowledging the difficulty of the situation, the storyteller highlighted the collective challenges faced by family members in similar circumstances. Struggling together, they grapple with the aftermath of the company’s collapse.

💡🔍 Rebuilding Amidst Uncertainty: Navigating Support and Government Assistance

Anything Let me ask you He was a businessman with sales of 10 billion won, but went bankrupt. I need to move, but I'm worried about my child. Monthly profit = approximately KRW 1 billion(757,587 $)

As the storyteller embarks on the journey of rebuilding her life, she expressed gratitude for the government’s assistance program. Still grappling with the recent bankruptcy in March, she faces the daunting task of starting anew and figuring out her next steps.

🌟🔄 Conclusion: Life’s Roller Coaster—From VIP to Starting Anew

The guest’s tale serves as a powerful reminder of life’s unpredictable nature. From VIP status to grappling with uncertainties, the journey of this former CEO unfolds on ‘Ask Us Anything Fortune Teller,’ shedding light on the resilience required when navigating the roller coaster of life. 🎢💪