Chung Mong-Joon’s profile picture

Chung Mong-Joon

Hyundai Heavy Industries
Chung Mong-Joon’s profile picture
Net worth 2018: $1.81 Billion
Industry: Manufacturing
Residence: Seoul, South Korea
Country: South Korea
BirthDay: 17 October 1951
Sigh: Scorpio
Children: 4
Education: Doctorate, Johns Hopkins University

Chung Mong-Joon was bornon 17 October 1951 in Seoul, South Korea, South Korea, is Hyundai Heavy Industries. Chung Mong-Joon is #1405 in List Billionaires People In The World. Chung Mong-Joon is the sixth son of the late Chung Ju-Yung, the eldest son of a peasant farming family who, after the Korean War, repaired trucks for the U.S. Army and went on to assemble a conglomerate. As much as any, it set South Korea on the path to becoming an export powerhouse and Asia's fourth-largest economy. Chung is the biggest individual shareholder in Hyundai Heavy Industries, which he ran until he entered politics in 1988. After seven terms in the National Assembly he resigned in 2014 to run for mayor of Seoul, but he lost. A former vice president of international soccer body FIFA, Chung was suspended by the association in 2015 after its ethics committee found he had violated several rules. Chung's personal sporting accomplishments include a silver medal in a national competition for equestrian jumping in 1976, and a fourth-place finish in a Korean cross-country skiing championship. His brother Chung Mong-Koo heads Hyundai Motor.


$1.3 Billion


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$1.81 Billion


However he has been banned from all football activities for six years by FIFA Ethics Committee in October 2015


When he ran for mayor of Seoul in 2014, he received 43


41% of votes in Dongjak District, but for the following election in 2012, he just received 50


On top of publishing autobiography, Chung also donated huge money and set up a charity foundation in 2011, a year before 2012 presidential election


When he ran for assembly man in 2008, he received 54


On Dec 18 afternoon, before the crowd of his supporters in Myeong-dong, Seoul, Roh suggested Chung Dong-young and Choo Mi-ae as viable choices of candidates for the next presidential race in 2007


Chung's brother Chung Mong-hun, then the president of Hyundai Asan who pioneered South and North joint Mount Kumgang tour business, committed suicide on Aug 4, 2003 when he was investigated by prosecutors for his alleged $400 millions cash remit to North Korea shortly before 2000 North-South summit


In fact in his interview with news reporters in 2002, Chung indicated that his real mother is someone else, saying he would say truth someday


When Chung's father Chung Ju-yung ran for the presidency in 1992, Lee Myung-bak supported Kim Young-sam instead of Chung Ju-yung despite the fact that Lee made fortune and fame when he worked at Hyundai


Chung became a politician when he was elected as an assembly man in 1988 and served consecutive 7 terms in two different electoral districts


Chung says that when he studied in US in 1978, he received a letter from someone in Korea who claimed to be his real mother


President Kim is the only South Korean president coming from Jeolla province, whereas all the other South Korean presidents since General Park Chung-hee's military coup in 1961 have been from Gyeongsang province


Chung Mong-Joon or Chung Mong Joon, (Korean: 정몽준, born October 17, 1951) is a South Korean businessman and politician

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