Nan Inc is a successful construction company on the island of Hawaii. If you’re not from Hawaii, chances are you’ve never heard of this company.
The company was created by Patrick Shin aka Nan Chul Shin, whose origins lie in South Korea. He always had a dream of becoming a young entrepreneur. That dream finally became true in 1990 when Nan Inc was founded. Together with his construction company hoping to help Hawaii build its future
Nan Inc Owner Nan Chul Shin Net Worth: Discover everything related to Nan Inc from a business perspective. We analyze their projects, contracts, and yearly revenue.
Note that these numbers below are speculation based on a lot of data provided online. The only way to know the real number is to check their yearly balance sheets.
In this article you will learn everything about the net worth of nan inc owner, Patrick Shin. No time to read the article, in the below table you will find the most important information.
| Yearly Revenue | $500-900 million |
|---|---|
| Year Founded: | 1990 |
| Location of Headquarters: |
Honolulu, Hawaii
|
| Industry: | Construction |
| Last Updated: | December 2021 |
Nan Inc Owner Net Worth
According to dnb.com, Nan Inc has a yearly revenue of $190.41 million. We can say with absolute certainty that this number is wrong. Most likely this was their yearly revenue 2000-2001 or something like that. I mean last year they received a contract for $146 million to renovate the Honolulu Airport.
What the individual net worth is of Patrick Shin (the owner of Nan Inc), there isn’t any exact number to be found online. We can estimate that his net worth is somewhere between $10 million and $50 million.
A more accurate estimation has been done by Zoominfo, they estimate the quarterly revenue at around $137 million (meaning a yearly revenue of $548 million).
Below you see the chart that was provided by Zoominfo:
History of the Company
Founded in 1990, Nan, Inc. provides an array of professional construction services — including preconstruction, general contracting, and design-build.
Nan Inc is known as a leading performer in construction management. Today, they oversee a range of multi-million-dollar projects simultaneously. The team at Nan Inc has the knowledge base that is needed to ensure quality, timeliness, and customer satisfaction for every construction project it manages.
About Nan Chul Shin
Patrick “Nan Chul” Shin is the founder of Nan Inc Construction. This company is one of the biggest construction companies based on the islands of Hawaii. Their headquarters are located in Honolulu.
Patrick’s dream started in 1990, over 30 years ago. From an early age, he had dreams of becoming an entrepreneur. We can say with a lot of certainty that he was able to realize this dream.
Patrick’s real Korean name is actually Nan Chul Shin, but he decided to use Patrick Shin as his name when he moved from South Korea to the USA. That way, it is a lot easier for people to remember his name.
At the beginning, it was definitely not easy. He started with accepting all the smallest construction projects just to build a name for himself. He stuck with it and every year his company grew bigger. He started everything with just 1 extra worker.
Nan Chul Shin also makes a lot of donations. Over the years he has helped many different organizations with large money donations. One of his last donations done in December 2022 was to the University of Hawaii women’s soccer team. It has received their largest ever gift, $50,000. It will definitely not be the last donation from the construction owner. He has been helping many projects every year and this will most likely continue.
Nan Inc Lawsuit
When you are this successful, some people will try to sue you (regardless if it’s true or not). This was also the case with Nan Inc. In 2019, the firm was involved in a case concerning illegal activity related to rail work.
It all started when a former in-house counsel told he was fired after he warned the company not to conduct illegal activity related to this multibillion dollar railroad project. We were able to protect our good name and on July 23, 2021, we won this whistleblower firing case.
For more info on lawsuits from this company, you should check this website that is dedicated to give more information about this subject. Here you can find the real info about everything related to Nan Inc lawsuits so it’s definitely worth taking a look there.
Final Words on Nan Inc
Nan Inc is a success story that is still growing! It started out as a small construction business with a couple of workers. Today it’s one of the biggest companies in Hawaii with a yearly revenue close to a billion dollars. What’s so great about this company is that they haven’t lost touch with their community in Hawaii. Here’s a video about a Korean festival organized by Nan Inc for the people of Hawaii.
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