#1596

Chung Yong-jin

Korea 57 years old

Overview

Source of Wealth: Retail
Industry: Fashion & Retail
Residence: Seoul
Organization: Shinsegae
Education: Brown University (Bachelor of Arts/Science)
Marital Status: Married
Children: 4

Assets

E-Mart Co Ltd

7,960,000 shares @ -

-

139480-KR
Samsung Electronics

11,025,000 shares @ -

-

005930-KR

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.