Portrait of Chung Yong-jin

Rank #1434

Chung Yong-jin

Net worth $3.0B

Retail · South Korea

Born
Sep 19, 1968
Age
57
Source
Retail
Residence
Seoul
Citizenship
South Korea
Marital status
Married
Children
4
Education
Bachelor of Arts/Science, Brown University

Net worth over time

Biography

  • Chung Yong-jin is a grandson of Samsung group founder Lee Byung-Chull and a cousin of Samsung Electronics executive chairman Jay Y. Lee.
  • The bulk of his fortune comes from Samsung Electronics and discount chain E-Mart, a unit of Korea's retail conglomerate Shinsegae Group.
  • In 2024, Chung was promoted from vice chairman to chairman of Shinsegae, a retail conglomerate.
  • In 2021, Shinsegae acquired Korean baseball team SK Wyverns (now SSG Landers), winner of four championships, from the SK group for about $120 million.

Financial assets

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