Portrait of Cho Jung-ho

Rank #542

Cho Jung-ho

Net worth $7.2B

Finance · South Korea

Born
Oct 05, 1958
Age
67
Source
Finance
Residence
Seoul
Citizenship
South Korea
Marital status
Married
Children
3
Education
Master of Business Administration, IMD; Bachelor of Arts/Science, University of Southern California

Net worth over time

Biography

  • Cho Jung-ho is the chairman of Meritz Financial Group.
  • He is the youngest of the four sons of Cho Choong-hoon, the late founder of Hanjin Group, the parent company of Korean Air.
  • He worked for Korean Airlines in Europe and returned home in 1989 as a director with Hanjin Investment & Securities, as Meritz was then named.
  • Cho's father started out with a single truck and went on to build an empire based mostly on transportation.
  • He has outstripped his brothers in wealth and success; Meritz's value has multiplied since it broke away from the Hanjin Group in 2005.

Financial assets

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