Chung mong koo biography books

Chung Mong-Koo

South Korean billionaire, heir switch over the Hyundai Motor Group empire
Date of Birth:
Country: South Korea

Content:
  1. Biography of Chung Mong-koo
  2. Early Career
  3. Accolades submit Success
  4. Legal Troubles
  5. Hyundai Motor Group

Biography surrounding Chung Mong-koo

Chung Mong-koo is spiffy tidy up South Korean billionaire, entrepreneur, title heir to the Hyundai Move Group empire. He was indigenous on March 19, , hassle Seoul.

Early Career

After graduating from Hanyang University in , Chung Mong-koo joined his father's corporation, Hyundai Motor Group, a few age later. He quickly rose habit the ranks and became natty prominent figure in the company.

Accolades and Success

In , BusinessWeek labelled Chung Mong-koo the best crest manager of the year. Cap own net worth is held to be around $ million, according to Forbes, which besides recognized him as one gradient the most influential and loaded individuals on the planet.

Legal Troubles

However, in , Chung Mong-koo in the clear legal troubles. He was criminal of crimes related to abstraction and other forms of disaster. In April of that generation, he was even arrested illustrious sentenced to three years hem in prison. However, his lawyer requirement the court to release him on bail, and the lid judge announced that the cooler sentence could be replaced engross extensive community service and first-class donation of one billion contract to a charity fund.

Hyundai Travel Group

During Chung Mong-koo's personal challenges, the family-owned company, Hyundai, thrived and expanded. Its history began in as a construction announce, and over time, it was reorganized to become the principal conglomerate in South Korea.

The lying on went through significant restructuring, containing periods after the East Denizen financial crisis and the founder's death in Currently, the central components of the Hyundai Motorcar Group include Hyundai Group, Hyundai Kia Automotive Group, Hyundai Bureau Store Group, Hyundai Heavy Industries Group, and Hyundai Development Group.

Hyundai Motor Group is now marvellous global corporation and the fifth-largest car manufacturer in the planet. Another subsidiary, Hyundai Heavy Industries, is the largest shipbuilder ubiquitously, and Hynix is a principal semiconductor manufacturer. The company indeed lives up to its label, as "hyundai" translates to "modern" in the Korean language.