Portrait of Euisun Chung

Rank #503

Euisun Chung

Net worth $7.6B

Hyundai · South Korea

Born
Oct 18, 1970
Age
55
Source
Hyundai
Residence
Seoul
Citizenship
South Korea
Marital status
Married
Children
3
Education
Bachelor of Business Administration, Korea University; Master of Business Administration, University of San Francisco

Net worth over time

Biography

  • Euisun Chung was appointed chairman of Hyundai Motor Group in 2020, succeeding his father, Mong-Koo Chung, who retired from the board.
  • Its unit Hyundai Motor India went public in India in 2024, raising $3.3 billion, which was the country's largest IPO in history.
  • As president of Kia from 2005 to 2009, Chung grew the subsidiary auto brand faster than Hyundai Motor.
  • A bulk of his fortune is derived from auto parts maker Hyundai Glovis.
  • He is the only son of Mong-Koo Chung, who is also a billionaire.
  • Chung worked at the New York office of Japanese trading house Itochu before joining Hyundai's auto parts affiliate, Hyundai Mobis, in 1994.
  • He is president of World Archery Asia, as his father once was.

Financial assets

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