Kakao chairman trims stake after charity pledge
![Kakao_alamy_575px_April 16 2021](https://assets.euromoneydigital.com/dims4/default/ca75ffe/2147483647/strip/true/crop/575x375+0+0/resize/840x548!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F02%2F52%2F0b2db29791e787f6854b643a230f%2Fkakao-alamy-575px-april-16-2021.jpg)
The chairman of South Korea’s Kakao Corp has kicked off his official pledge to donate more than half of his wealth to society by raising about W500bn ($448m) from a stake sale in the messaging app on Thursday.
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