Chung Eui-Sun’s profile picture

Chung Eui-Sun

Hyundai Motor
Chung Eui-Sun’s profile picture
Net worth 2018: $2.7 Billion
Industry: Automotive
Residence: Seoul, South Korea
Country: South Korea
BirthDay: 18 October 1970
Sigh: Scorpio
Children: 2
Education: Bachelor of Arts / Science, Korea University; Master of Business Administration, University of San Francisco
BIOGRAPHY

Chung Eui-Sun was bornon 18 October 1970 in Seoul, South Korea, South Korea, is Hyundai Motor. Chung Eui-Sun is #910 in List Billionaires People In The World. Chung Eui-Sun is the only son of Hyundai Motor Co. Chairman Chung Mong-Koo and his heir apparent. After receiving an M.B.A. from University of San Francisco, Chung worked at the New York office of Japanese trading house Itochu Corp. before joining Hyundai's auto parts affiliate, Hyundai Mobis, in 1994. As president of Kia from 2005 to 2009, he made over the company's brand image, hiring renowned automotive designer Peter Schreyer to phase out the bland, boxy styling that had made Kia models such as the Soul objects of derision among auto buffs. During his tenure at the helm, Kia grew faster than its Hyundai Motor affiliate--allowing Chung to begin to step outside the shadow cast by his formidable father, who is known for his obsession with quality and hard-charging management style. In 2009 Chung became vice chairman of Hyundai Motor. He was appointed to the company's board in 2010, bringing him a step closer to becoming the third generation of his family to lead Hyundai. Hyundai Glovis Co. -- which functions as a holding company for stakes in Hyundai affiliates and also provides logistics services to those affiliates and other customers -- accounts for most of Eui-Sun's fortune. Outside of the business world, he is president of the Asian Archery Association, as his father once was.

NET WORTH STATISTIC
2010

$1.3 Billion

2011

$2.1 Billion

2012

$2.8 Billion

2013

$3.1 Billion

2014

$3.4 Billion

2015

$3.8 Billion

2016

$3 Billion

2017

$2.6 Billion

2018

$2.7 Billion

TIMELINE
2005

From 2005 to 2009, Chung was the president of Kia Motors Corp

1993

Chung received the bachelor's degree in business management administration from Korea University in 1993 and a Master of Business Administration from the University of San Francisco School of Business in 1997

1970

Chung Eui-Sun (born October 18, 1970), also spelled Chung Eui-son, is a South Korean businessman

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