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Chung Mong-koo – Billionaire

Chung Mong-Koo
Chung Mong-Koo.jpg
Born 19 March 1938 (age 79)
Tongchon County, Gangwon Province, South Korea
Education Hanyang University
Alma mater Hanyang University (B.S.)
Occupation Chairman of Hyundai Motor Group
Net worth $6.8 billion (2014)[1]
Spouse(s) Lee Jung-Hwa (Deceased)
Children 4
Awards Van Fleet Award (2009)
Chung Mong-koo
Hangul 정몽구
Hanja 鄭夢九
Revised Romanization Jeong Monggu
McCune–Reischauer Chŏng Mongku

Chung Mong-koo (born March 19, 1938, in Gangwon Province) is the chairman of Hyundai Motor Group, a prominent car manufacturer in South Korea. The Hyundai Motor Group consists of 42 subsidiaries and is the second largest Chaebol in South Korea. Chung succeeded his father, Chung Ju-yung, the founder of the conglomerate known as the Hyundai Group. When the conglomerate split into several parts in 1999, Chung Mong-koo took over the Hyundai Motor division. He is the eldest surviving son of Chung Ju-yung’s eight sons.

He was convicted of embezzlement and breach of fiduciary duty in February 2007, but was given a suspended sentence and was fully pardoned by President Lee Myung-bak.

As of March 2014, his net worth was $6.8 billion according to Forbes.

Education

  • Graduated, Kyungbock High School
  • Bachelor of Science in industrial engineering, Hanyang University

Professional experience

  • 2000–present: Chairman & CEO of Hyundai Motor Co. & Kia Motors Corp.
  • 1996–1998: Chairman of Hyundai Group
  • 1987–1998: CEO, Hyundai Motor Service
  • 1986: CEO, Incheon Iron & Steel
  • 1981: CEO, Hyundai Pipe
  • 1977: CEO, Hyundai Precision & Industry

He also owns Innocean, a marketing agency, with his eldest daughter Chung Sung-yi.

Source:wikipedia

 

 

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