Cho Yang-Rai Net Worth is$Million
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This is an incomplete list of Korean billionaires and multi-millionaires, and also describes wealth in Korea.
There are several published Korean rich lists within Korea including ones issued by the wealth valuation company Equitable, the Digital Times, Korea Times, and other major Korean publications. In addition, Forbes magazine, Merrill Lynch, and other chroniclers of the power elites of the world have found sufficient high profile rich in Korea as to generate accurate numbers and reasonable deductions.
Forbes magazine has hinted at Korea having at the very least 7 high billionaires living on the peninsula, and at least ten families alone who control in the high billions in assets.
Sociological research in Korea into the great families of wealth and privilege has not been forthcoming, so much more work has been done abroad by American and European publications such as Forbes, The Asian Wall Street Journal, and The Economist magazine as well as merchant banking units from Merrill Lynch and other holders of massive private fortunes. Internally, Korean newspapers have exercised great caution, and declined to compile lists of the rich, how they became rich, or mapped great holdings of wealth; this changes as foreign banks publish such material abroad, and articles then find their way back into Korea through the internet and foreign banking and financial publications.
Most Korean corporations, even public ones, do not as a habit list salaries of chief executives, presidents, or stock benefits to members of their boards. Individuals rarely disclose salaries, or bonuses, and there is no real attempt to open corporate books to the public, or to shareholders to indicate substantial shareholders so determining the hierarchy of the rich is difficult.
It may be assumed that a yardstick to compile salaries of corporation heads is to go down the middle between American and Japanese salaries for comparable industries, based on gross volumes of sales, number of emp

Cho Yang-Rai Latest News

Hankook Tire looks to pump up brand with new US plant

The Cho family purchased Chosun Tire in the 1960s, and Cho Yang-rai is the second-generation chairman of holding company Hankook Tire Worldwide. The company started growing by supplying South Korean automakers, mainly Kia and Hyundai Motor. After signing ...
Posted: March 22, 2016, 8:31 pm

Prosecution investigates Hyosung for slush fund allegations

President Lee’s ties to Hyosung chairman could influence investigation The prosecution has launched an investigation into allegations ... between Cho and President Lee. Cho Hyun-beom, the son of Hankook Tire Chairman Cho Yang-rai, who is the brother ...
Posted: April 14, 2008, 9:08 pm

Key Executives for Hankook Tire Co., Ltd.

Seung Hwa Suh 10 Relationships Vice Chairman, Chief Executive Officer, Chairman of Management Committee, Chairman of Sustainability Committee and Member of Non-Executive Directors Nomination Committee 68 Hyun Shick Cho No ... Ltd. 44 Yang-Rai Cho 10 ...
Posted: October 6, 2016, 6:11 am
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