Jin Sook Chang

Jin Sook Chang is cofounder and chief merchandising officer of fast fashion retailer Forever 21. She and her husband fell from Forbes’ billionaire ranks in July 2019, amid a rough patch that reportedly brought the firm to the brink of bankruptcy. Chang came to the U.S. in 1981 with her husband Do Won.

  • Jin Sook Chang is cofounder and chief merchandising officer of fast fashion retailer Forever 21.
  • She and her husband fell from Forbes’ billionaire ranks in July 2019, amid a rough patch that reportedly brought the firm to the brink of bankruptcy.
  • Chang came to the U.S. in 1981 with her husband Do Won. She worked as a hairdresser to make ends meet.
  • In 1984, the couple used $11,000 in savings to open a 900 square-foot clothing store in Los Angeles, initially called Fashion 21.
  • They hit $700,000 in revenue the first year, prompting them to open a new store every 6 months; Revenue peaked at an estimated $4.4 billion in 2015.