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By . Businesspersons Chung Mong-Joon Net Worth. He is the second son of the late Chung Ju-yung who came from a peasant family and later founded the Hyundai Group, once Korea's biggest conglomerate. The rise in shares increased the combined fortune of Hyundai Motor Group chairman […] and . Chung Mong-Koo is the second son of Hyundai conglomerate's late founder Chung Ju-Yung. Amid the pandemic, a total of 29 tycoons on the 2020 Forbes Korea Rich List saw their fortunes decline. Tom Ford March 26, 2020. $4.7 Billion Korean businessman Chung Mong-Koo has an estimated net worth of $4.7 billion as of April 2016, according to Forbes. Chung Mong-Joon net worth: Chung Mong-Joon is a South Korean businessman and politician who has a net worth of $1.6 billion.  Home/Businesspersons/ Chung Mong-Joon Net Worth. Chung Mong-Koo net worth: Chung Mong-Koo is a South Korean businessman who has a net worth of $7.1 billion. The Chung Mong-Koo net worth and salary figures above have been reported from a number of credible sources and websites. Mong-Koo Chung is Chairman at Hyundai Mobis Co Ltd. See Mong-Koo Chung's compensation, career history, education, & memberships. Check salary, income and/or net worth of Chung Mong-koo at Paycheck.in. Korean businessman Chung Mong-Koo has an estimated net worth of $4.7 billion as of April 2016, according to Forbes. Currently, he serves as the Chairman of Hyundai Motor Group. Mong-Koo Chung was chairman of Hyundai Motor, South Korea's largest automaker, for more than 20 years before stepping down in March 2020. The story of its chairman Chung Mong Koo, the man who is accredited for all the success that Hyundai group basks in today is definitely worth knowing. Chung Monk Koo took over the Hyundai Motor business, when the conglomerate divided into several parts in 1999. Forbes valued Chung Mong-koo as South Korea’s eighth richest billionaire with a net worth of US$3 billion, as of April 8. Glovis is Hyundai Motor’s logistics arm and it is growing faster than any competitor in South Korea. Chung Mong-Koo. However, there are several factors that affect a celebrity’s net worth, such as taxes, management fees, investment gains or losses, marriage, divorce, etc. Chung Mong-Joon Net Worth is. SEOUL — Lee Kun-hee, the late chief of South Korea’s top conglomerate Samsung Group, was the wealthiest man in the country, data showed Sunday. Chung Eui-Sun Another of South Korea’s young billionaires to emerge from the country’s thriving auto industry is Chung Eui-Sun with a net worth of $2.8 billion. Chung Mong-Koo was born on March 19, 1938 in Seoul, South Korea, South Korea, is Chairman, Hyundai Motor. Meet The Man Who Went From Jail To Billionaire Thanks To Nike, Insanely High Death Tax Keeps LG Heir Out Of Billionaire's Club. Bloomberg TV India puts the spotlight on Hyundai's Chung Mong-Koo. His second biggest holding is in the publicly-listed auto parts company, Hyundai Mobis. 7. He started his career back in 1970, joining the engineering & construction division of the group. Net Worth: $3.7 Billion. With a net worth of roughly $190 billion, Jeff Bezos, the founder, and CEO of Amazon is the wealthiest person in the world, followed by Elon R Musk ($170 billion), Bill Gates ($132 billion); and Bernard Arnault ($114 billion). Chung Mong-koo Wiki: Salary, Married, Wedding, Spouse, Family Louis Koo (Koo Tin-lok ??? More than half of Korea's biggest fortunes took a hit from the pandemic. © 2021 Forbes Media LLC. Check salary, income and/or net worth of Chung Mong-koo at WageIndicator.co.uk Koreas say, "Blowing a horn thanks to a county magistrate," referring to situations where someone benefits from the actions of another. Is Euisun Chung preparing to take over Hyundai Motor? Chung succeeded his father, Chung Ju-yung, the founder of the conglomerate known as the Hyundai Group.When the conglomerate split into … Kyobo Securities projects [...]. According to our 2012 list of the world's billionaires, Susanne Klatten is the richest person in the world who made their money in the automotive industry. Chung Eui-sun (born 18 October 1970), also spelled Chung Eui-son, is a South Korean billionaire businessman. Korean businessman Chung Mong-Koo has an estimated net worth of $4.7 billion as of April 2016, according to Forbes. His second biggest holding is in the publicly-listed auto parts company Hyundai Mobis. Chung Mong-koo (born March 19, 1938, in Gangwon Province) is a South Korean business magnate who is the chairman and CEO of Hyundai Motor Group. Chung Mong-Koo may be the second boy of Hyundai conglomerate’s past due founder Chung Ju-Yung.By March 2014, his net worth was $6. Currently, he serves as the Chairman of Hyundai Motor Group. Net worth: US$3.1 billion* Hyundai Motor Group chairman Mong-Koo was inducted into the Automotive Hall of Fame. After earning plaudits for successfully flattening the coronavirus curve earlier this year, South Korea is now fighting a second wave and bracing for possible continued economic contraction. $7.1 Billion 1938 1938-03-19 7100000000 Businessperson Chung Eui-sun Chung Ju-yung Chung Mong-hun Chung Mong-joon Chung Mong-Koo Net Worth Chung Mong-yoon Chung Myung-yi Chung Sung-yi Chung Yun-yi Hanyang University ‎Lee Jung-Hwa March 19 Miscellaneous Crew More North Korea South Korean Tongchon County The younger Chung will take the helm of the world’s fifth-largest automaker amid a daunting period of technological and economic change buffeting the auto industry. Chung Mong-koo is the chairman of Hyundai Motor Group who was recently inducted into the Automotive Hall … He is the second son of the late Chung Ju-yung who came from a peasant family and later founded the Hyundai Group, once Korea's biggest conglomerate. A possible collaboration between South Korean motorcycle company Hyundai and Apple Inc. for electric cars and batteries made South Korea's second richest family even richer. © 2021 Forbes Media LLC. Currently, Hyundai Motors consists of 42 subsidiaries and has sold more than 7 million cars over 2012. Hyundai Motor Vice Chairman breaks with formal Korean tradition and dons a t-shirt for the world premiere of the company's new Kona CUV. Every year various magazines put out the names of the richest people with an enormous bank balance. CEO - Hyundai Motor Group - Korea (South) Born: 1938, Tongchon County, Japanese Korea; When the conglomerate put into many parts in 1999, Chung Mong-koo overran the Hyundai Electric motor business. The global downturn is an early test for Euisun Chung, who in March succeeded his father as chairman of Hyundai Motor’s board. Net Worth: $7.1 Billion Source: Motor vehicles. Since the unveiling of the list, Lee’s net worth, at US$16.8 billion, has since dropped because of the economic climate of late. The richest car guy on the planet is not Tesla and SpaceX founder Elon Musk. Typically they avoid lengthy [...]. Photo: Hyundai Motor Group. The leaders of the three biggest chaebol—and at least six members of this year’s rich list—have been convicted of major crimes, including embezzlement and tax evasion. Susanne Klatten keeps a lower profile than the Tesla Motors founder. The Hyundai Motor Group consists of 42 subsidiaries and is the second largest Chaebol in South Korea. You Share, We Compare. Bruno Schroder Net Worth. ... and Hyundai Motor Group Chairman Chung Mong-Koo have seen their fortunes fall … Benjamin Stupples. search. By Donald Kirk The arrest records of some of South Korea’s top corporate chieftains are as remarkable as their commercial success. ... Salary Chung Mong-koo. Today, Hyundai Motor Group is considered as South Korea’s second largest chaebol with 42 subsidiaries. Considered as one of the most influential people in the country, Chung is married with four children. All Rights Reserved. In 2007 Chung was sentenced to 3 years in prison for embezzling company funds; he only spent a few months behind bars prior to his sentence being suspended. When the conglomerate split into several parts in 1999, Ch… Under Chung's governance, the company has grown and earned an enviable reputation by shifting the automaker's emphasis from production to quality. The billionaire turned the second-rate car-maker into the fifth largest in the world, trying hard to expand the brand in China. Chung Mong-Koo is the second son of … Currently, he serves as the Chairman of Hyundai Motor Group. All net worths are calculated through the combination of a robust methodology and a proprietary algorithm. Was this a one-off gesture or an important shift in how the company sees itself? He was succeeded by his only son Euisun, who is also a billionaire. Toggle main menu visibility Salary. Chung is often nicknamed a "bulldozer" for his blunt and forceful style. Facing headwinds, Hyundai Motor Group Executive Vice Chairman Euisun Chung -- heir to the family-controlled South Korean automaker -- uses the customary end-of-year chaebol executive shuffle to cement his control on company leadership. An extraordinary interview given by the company's heir apparent suggests a generational handover may come soon. Check salary, income and/or net worth of Chung Mong-koo at Paywizard.org 2017 Asia's Richest Families NET WORTH $14.8B as of 11/14/17 Bulk of family's fortune is controlled by Hyundai Motor chairman Chung Mong-Koo and his heir apparent and only son, Eui-Sun. Check salary, income and/or net worth of Chung Mong-koo at Mywage.co.za He began his professional career as an actor in local television series, winning TVB's Best Actor award in 1999 and 2001. Chung Mong-Koo is the second son of the late Chung Ju-Yung, the eldest son of a peasant farming family who, after the Korean War, repaired trucks for the U.S. Army and went on to assemble a conglomerate that, as much as any, set Korea on the path to becoming an export powerhouse and one … Chung Eui-Sun is the eldest son of Chung Mong-Koo, and the vice president of Hyundai Motors. Here are all the autos billionaires on the 2016 Billionaires List. While his brother, billionaire Chung Mong-Joon, owns a major stake in the nation's largest shipbuilder, Hyundai Heavy Industries. REAL TIME NET WORTH $6.3B as of 1/17/21 Mong-Koo Chung was chairman of Hyundai Motor, South Korea's largest automaker, for more than 20 years before stepping down in March 2020. He have the net worth of $4.9 billion USD as per the currant declaration of 2108. Chung was born in Gangwon Province in 1938 as the second eldest son of Hyundai Group founder Chung Ju-yung. Not only does Euisun, 49, have to steer Hyundai through slumping demand, but he must also manage the shift to electric and self-driving vehicles. We work diligently to ensure that our numbers are the most accurate celebrity net worth data you will find anywhere on the internet. Chung Mong-koo net worth is. Check salary, income and/or net worth of Chung Mong-koo at Mywage.org/Philippines Paycheck.in. It's not even a guy at all. Today, Hyundai Motor Group is considered as South Korea's second largest chaebol with 42 subsidiaries. To Hyundai Glovis, Hyundai Motor is the dependable county magistrate. He went to Kyungbock High School and studied at Hanyang University before joining Hyundai Engineering & Construction in 1970. The shares of Hyundai Motor Co. rose a whopping 24 percent – the highest number since 1988. Chung Mong-koo is Hyundai's chairman with the nickname "bulldozer". All Rights Reserved, Reflects change since 5 PM ET of prior trading day. After the eldest brother Chung Mong-pil died in a car accident in 1982, he has assumed his current role. 0 4 Less than a minute. Chung Mong-Koo Net Worth. ; born 21 October 1970) is a Hong Kong film actor. Check salary, income and/or net worth of Chung Mong-koo at Salary.lk He is the chairman of Hyundai Motor Group and the only son and "heir apparent" of Hyundai Motor Group honorary chairman Chung Mong-koo. Koo was the eldest son of the original founder of the Hyundai group, Chung-Ju Yung. The total value of … Chung Mong-Koo is now the Chairman of Hyundai Motors, the fifth largest automaker in the world. Chung Mong-koo. Germany’s Schaefflers have seen net worth drop 75% since 2018. $4.7 Billion Submit a correction suggestion and help us fix it! Chung Mong-koo (born March 19, 1938, in Gangwon Province) is a South Korean business magnate who is the chairman and CEO of Hyundai Motor Group [2].The Hyundai Motor Group consists of 42 subsidiaries and is the second largest Chaebol in South Korea. Part of WageIndicator Foundation. The results are fact checked and confirmed by a team of editors and industry insiders. $7.1 Billion Chung Mong-Koo net worth: Chung Mong-Koo is a South Korean businessman who has a net worth of $7.1 billion. South Korean Billionaire Chey Tae-Won was sentenced to four years in prison on Thursday for embezzling millions of dollars of company money for personal investments. © 2021 Celebrity Net Worth / All Rights Reserved, © 2015 Celebrity Net Worth / All Rights Reserved, Introducing Nav Bhatia, Self-Made Canadian Multi-Millionaire And Toronto Raptors Super Fan. Chung Mong-Koo, the chairman and CEO of Hyundai Motor Group is on the sixth step in the list of Richest South Koreans. 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Chung succeeded his father, Chung Ju-yung, the founder of the conglomerate known as the Hyundai Group. He’s the boy of Chung Eui-Sun’s father, Chung Mong-Koo is the chairman of Hyundai Motor Group, the largest car-maker in South Korea.. Related by employment: Hyundai Motor Co. Ltd. Hyundai Motor Elevates Euisun Chung To Succeed His Father As Chairman, More Than Half Of Tycoons On 2020 Forbes Korea Rich List See Net Worth Shrink Amid Pandemic, Tough Road Ahead For Hyundai Motor’s Scion Amid Coronavirus Crisis, Bachelor of Arts/Science, Hanyang University. But with an estimated net worth of $18.5 billion, the BMW heiress is the richest person in the auto industry. South Korean automotive giant Hyundai Motor Group announced a surprise restructuring that will loosen Seoul's top-down control over its global operations and give regional subsidiaries more autonomy to respond to consumer preferences in their markets. Presently, he acts as the Chairman of Hyundai Electric motor Group. Autonomous driving, electrification, hydrogen fuel cells, robotics and flying cars are areas in which Hyundai expects to invest. Chung Mong … His forceful leadership style has propelled this business tycoon to the top of South Korea's chaebol society. Chung Mong-koo is the chairman of Hyundai Motor, South Korea's largest automaker. 4.5 billion USD, $930 million. He was born on March 19, 1938, in Gangwon Province and is the eldest surviving son of Chung … He is ranked 192 on the Billionaire Index and is worth almost $7 billion.www.btvin.com Chairman of Hyundai Motor ’ s father, Chung is Chairman at Hyundai Mobis South Korea 's chaebol society a! Chung-Ju Yung Hyundai Motor Group ET of prior trading day Chung Mong … TV! Year various magazines put out the names of the Group Glovis, Hyundai Group! Cells, robotics and flying cars are areas in which Hyundai expects to invest his only son Euisun who. Hyundai Heavy Industries president of Hyundai Motor Group is considered as South Korea Co.. 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