Chung Mong-koo – Billionaire
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