Chung Mong-Koo Net Worth is$Million
VN:F [1.9.22_1171]
deserves the money?
Rating: 0.0/5 (0 votes cast)
VN:F [1.9.22_1171]
Would you date ?
Rating: 0.0/5 (0 votes cast)
Hangul: ???
Hanja: ???
Rr: Jeong Monggu
Mr: Ch?ng Mongku
Chung Mong Koo (March 19, 1938 in Gangwon province) is the chairman of Hyundai Motor Group, the largest carmaker in South Korea. The Hyundai Motor Group is consist of 42 subsidiaries and it is the second largest Chaebol in South Korea. Chung succeeded his father, Chung Ju-yung, founder of what would become the Hyundai Conglomerate (in Korean,"Chaebol") When the conglomerate split into several parts in 1999, Chung Monk Koo took over the Hyundai Motor business. He is eldest surviving son of Chung Ju-yung's eight sons.
Chung Mong Koo is much credited with improving the reputation, perception and sales of Hyundai vehicles by shifting the automaker's emphasis from production to quality.

He was named by Business Week as one of top managers for 2004. In 2006, he and his family were targeted by the Seoul Supreme Public Prosecutor's Office as part of an investigation into embezzling 100 billion won ($106 million USD) from Hyundai to create slush funds. Despite a travel ban, Chung left South Korea in April 2006. Chung was arrested on 28 April 2006 on charges related to embezzlement and other corruption He was convicted of embezzlement and breach of fiduciary duty on 5 February 2007 and sentenced to three years of prison. Chung remained free on bail while he appealed the sentence. On September 6, 2007, Chief judge Lee Jae-Hong ruled to suspend the sentence of Chung Mong-koo (in consideration of the huge economic impact of imprisonment), ordering instead of a 3-year jail term, the performance of community service and a $1 billion donation to charity. However on August 15, 2006, on the occasion of Koreaa??s 63rd Independence Day, the ministry of Justice granted a special pardon to eliminate all charges and sentences in order Mr. Chung to continue to contribute to the development of Hyundai Motor Group as well as Korean national economy. In 2009, the Hyundai Genesis luxury sedan won the North American Car of the Year award. By early 2011, Hyundai motor group was gauged

(Visited 18 times, 1 visits today)

Chung Mong-Koo Latest News

Don’t allow sense of crisis in Korea go to waste

Just when one thought the ‘Korean discount’ might be a thing of the past, South Korean billionaire Chung Mong Koo reminds us why Korea continues to be plagued by such cheap valuations. South Korean stocks have traditionally traded at a lower price-to ...
Posted: November 5, 2014, 11:52 pm

Hyundai Boss: No New U.S. Plant

... of his company building a new factory in the U.S. “We have no plan for a new U.S. factory for now,” Hyundai’s Chairman Chung Mong-koo told Reuters at Seoul’s Gimpo airport before leaving for the United States. Rumors started flying when ...
Posted: May 6, 2013, 8:44 am

How did Chung Eui-sun make 4.54 trillion won from just 44.55 billion won?

In 2004, Chung Eui-sun saw a roughly 85.02 billion won (US$77.3 million ... Hyundai Motor said Chairman Chong Mong-koo was spending 850 billion won (US$772.6 million) of his own money on social contribution activities, including the funding of his ...
Posted: February 19, 2015, 5:02 pm
Related Topics:
Chung Mong Koo Ceo, Chung Mong Koo Scandal, Chung Mong Koo Son, Chung Mong Koo Wife, Chung Mong-Koo, Chung Mong-koo 2012, Chung Mong-Koo Age, Chung Mong-Koo Bio, Chung Mong-koo Biography, Chung Mong-koo Chief Executive Officer, Chung Mong-koo Children, Chung Mong-koo Chung Mong-joon, Chung Mong-koo Chung Mong-kun, Chung Mong-koo Contact, Chung Mong-Koo Country, Chung Mong-Koo Date Of Birth, Chung Mong-koo Daughter, Chung Mong-Koo Earnings, Chung Mong-koo Email, Chung Mong-koo Email Address, Chung Mong-koo Embezzlement, Chung Mong-Koo Ethnicity, Chung Mong-koo Family, Chung Mong-koo Forbes, Chung Mong-koo Foundation, Chung Mong-Koo Gossips, Chung Mong-Koo Height, Chung Mong-Koo History, Chung Mong-Koo Home Town, Chung Mong-koo Hyundai, Chung Mong-Koo Images, Chung Mong-Koo Income, Chung Mong-Koo Job, Chung Mong-koo Leadership Style, Chung Mong-koo Lee Jung-hwa, Chung Mong-Koo Nationality, Chung Mong-Koo Net Worth, Chung Mong-Koo Networth, Chung Mong-Koo News, Chung Mong-Koo Partner, Chung Mong-Koo Place Of Birth, Chung Mong-koo Profile, Chung Mong-Koo Rumors, Chung Mong-Koo Salary, Chung Mong-Koo Secrets, Chung Mong-koo Siblings, Chung Mong-Koo Videos, Chung Mong-Koo Weight, How Much Is Chung Mong-Koo Earnings, How Much Is Chung Mong-Koo Income, How Much Is Chung Mong-Koo Net Worth, How Much Is Chung Mong-Koo Salary, How Much Is Chung Mong-Koo Worth, Who Is Chung Mong-Koo,