#750
Euisun Chung
Korea 55 years old
Overview
- Source of Wealth
- Hyundai
- Industry
- Automotive
- Residence
- Seoul
- Organization
- Hyundai Motor
- Education
- Korea University (Bachelor of Business Administration)University of San Francisco (Master of Business Administration)
- Marital Status
- Married
- Children
- 3
Assets
- GLOVIS Co. Ltd.15,000,000 shares @ --086280-KR
- Hyundai Autoever2,010,000 shares @ --307950-KR
- Hyundai Mobis Co. Ltd.304,000 shares @ --012330-KR
- Hyundai Motor Co Prf0 shares @ --005385-KR
- Hyundai Motor Co. Ltd.5,599,000 shares @ --005380-KR
- Hyundai Wia Corporation531,000 shares @ --011210-KR
- Innocean Worldwide Inc800,000 shares @ --214320-KR
- Kia Motors Corp.7,061,000 shares @ --000270-KR
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.
About
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.