EBS 'Seo Jang-hoon's Neighbor Millionaire' covers the story of CEO Kim Jin-won, who owned 12 apartments in his 20s, fell into 4 billion won in debt, but made a dramatic comeback through the timber business.

■ Dropped out at 16 → Started as a freight truck assistant Kim Jin-won dropped out of school at 16 and began his working life as a freight truck assistant. After spending seven tough years traveling across the country, he purchased an 11-ton truck in his 20s and fully dove into the wood transportation and raw lumber distribution business. In the process of supplying materials to construction sites, he received pre-sale rights and came to own 12 apartments. In his mid-20s, he drove a luxury large sedan and lived like a millionaire. His maximum monthly income reached 30 million won.

■ Construction company bankruptcy → 4 billion won debt → Back behind the truck wheel However, while expanding his business, a construction company he was dealing with went bankrupt, rendering the promissory notes he held worthless, and he was saddled with 4 billion won in debt. He sold off all 12 apartments, his house, and cash to repay the debt, and returned to the truck driver's seat to prepare for a comeback. Recalling that time, Kim confessed, "I wandered in the mountains all day — morning, noon, and night — and even had extreme thoughts."

■ Rebuilt through confident timber sales… Secured gamjatang restaurant and corporate chairman clients He subsequently focused on selling wood, his area of expertise, and rebuilt his business. He secured nationwide gamjatang restaurant owners and corporate chairmen as clients and developed a hit product that ranked first in domestic market share.

■ Current annual revenue of up to 16 billion won… Also operates a Han River jet ski center Currently, Kim Jin-won is the CEO of a timber company with annual revenue of up to 16 billion won and a 26-year veteran jet ski athlete. He operates a jet ski center on the Han River, where he trains athletes and runs experience programs. The center has 11 jet skis and 7 boats, and the wood he owns alone is worth 10 billion won. At his company, they handle the unloading of 25-ton logs and the production of premium wood that goes through an 8-to-9-year drying process.

Kim Jin-won's life comeback story and the secrets to his success will air on EBS 'Seo Jang-hoon's Neighbor Millionaire' on July 29 at 9:55 p.m.