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231 The Study on the Historic Tycoon of Jeju: Manduk Kim 8)Byeong-Sik Song* The origin of unbeatable fortitude of Jeju women can be found in Manduk Kim who was the female tycoon in the late Chosun dynasty. Manduk Kim, born in 18th century in Jeju, overcame the limit of low status of social hierarchy though she led to a degraded life. In stead of leading a common life as any women, she made a great fortune by exerting a extraordinary business talent. She became a generous charitable person who readily gave her all the money she made to society for the poor of Jeju. She, challenging the bondage of the feudal hierarchy, was one of the greatest philanthropists acting up to her principles. This paper investigates the literature on the life of Manduk Kim, focussing on her achievements from the view of management history. *Professor, Department of Business Administration, Cheju National University