Chung Mong-Jin Net Worth is$Million
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Birth Name: Chung Ju-yung
Birth Date: 1915/11/25
Birth Place: Tongchon, Korea under Japanese rule,
Death Date: 2001/03/21/1915/11/25
Death Place: Songpa-gu, Seoul, South Korea
Nationality: South Korean
Known For: Founder and honorary chairman of Hyundai.
Occupation: Businessman
Chung Ju-yung (hangul:i ?i? 1/4 i??, hanja:e?-a??ae?,, November 25, 1915 - March 21, 2001) was a South Korean famous entrepreneur, businessman and the founder of all Hyundai Groups of South Koreas.
Chung Ju-yung was born in KangwA?n province (now located in North Korea), during a time when Korea was under Japanese rule. Born to a large impoverished family of peasants, he was the eldest out of six children. As a young boy, Chung dreamed of becoming a school teacher but his hopes were cut short because the restrictive environment at the time kept the family stuck in poverty, effectively keeping Chung away from the opportunities of higher education. Despite the setbacks, Chung continued to go to a local Confucian school run by his grandfather whenever his time was not taken up by tasks on the family farm.
Chunga??s talent for business became apparent during his trips into town where he would sell wood. The fast paced atmosphere of the town along with the articles in newspapers he read sparked his imagination and he soon grew tired of the poverty that he and his family had to endure. At the age of sixteen, Chung and a friend decided to travel to the city of Chongjin for work in hopes of escaping the harsh realities of farm life. After a 15-mile trek through the most dangerous parts of the Paechun valley, the pair reached the town of Kowon where they took up jobs as construction workers. They worked long hours for low pay but Chung enjoyed the fact that he could independently earn money. Chung & his friend continued the work for two months until Chung's father found their whereabouts.
The journey that Chung and his friend had embarked on made him realize his passion for civil engineering and gave him a sense of accomplishment that he had been looking for. Once he returned to Asan, he devised another escape plan; this time towards Seoul. With two companions, Chung left for Seoul in April 1933. The journey seemed to be destined for failure, especially since one of

Chung Mong-Jin Latest News

Strong Paint Sales Lift Head Of Korea's KCC Corp. Into Billionaire Ranks

Chung Mong-Jin, the 53-year-old CEO of South Korean manufacturer KCC Corp., has joined the billionaires’ club thanks to a rise in KCC’s stock price, which nearly doubled over the past year. The big jump in the stock was driven by an increase in demand ...
Posted: June 11, 2014, 9:10 am

Government awards license for Incheon gaming complex

Incheon International Airport Corporation CEO Chung Il-young said ... in bringing new generations of tourists to Incheon,” commented KCC chairman Chung Mong-Jin.
Posted: March 3, 2016, 6:08 am

Mohegan Sun to develop resort in South Korea

The South Korean government has awarded Mohegan Sun a license to develop a casino and entertainment resort in its nation. Bobby Soper, president of the Mohegan Tribal Gaming Authority and former president and CEO of Mohegan Sun Pocono in Plains Township ...
Posted: February 27, 2016, 1:01 am
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