(8 Aug 2021) Seoul-based private equity house MBK Partners founder and chairman Michael Byung-ju Kim has pledged to donate 30 billion won ($26.5 million) to the Seoul Metropolitan Government to build a public library in Seoul, MBK Partners said Sunday.
The gift represents the first case where an individual‘s donation covers the entire cost of building a civic institution by Seoul’s municipal government, MBK said in a statement.
The Seoul Public Kim Byung-ju Library, named after the donor, will be located in Bukgajwa-dong, in the Seodaemun district of western Seoul.
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