Rank #341
Mong-Koo Chung
Net worth $10.0B
Hyundai · South Korea
- Born
- Mar 19, 1938
- Age
- 88
- Source
- Hyundai
- Residence
- Seoul
- Citizenship
- South Korea
- Marital status
- Married
- Children
- 4
- Education
- Bachelor of Arts/Science, Hanyang University
Net worth over time
Biography
- Mong-Koo Chung was chairman of Hyundai Motor, South Korea's largest automaker, for more than 20 years before stepping down in 2020.
- He was succeeded by his only son Euisun, who is also a billionaire.
- 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.
- His second-biggest holding is in the publicly-listed auto parts company Hyundai Mobis.
- Chung is often nicknamed a "bulldozer" for his blunt and forceful style.
- 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.
Financial assets
| Exchange | Ticker | Shares | Price |
|---|