Chung Ju-yung or Jung Joo-young (; November 25, 1915 – March 21, 2001), was a South Korean entrepreneur, businessman and the founder of

Hyundai Hyundai is a South Korean industrial conglomerate ("chaebol"), which was restructured into the following groups: * Hyundai Group, parts of the former conglomerate which have not been divested ** Hyundai Mobis, Korean car parts company ** Hyundai As ...

Groups, one of the largest chaebols in

South Korea South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korea, Korean Peninsula and sharing a Korean Demilitarized Zone, land border with North Korea. Its western border is formed ...

. Raised as the eldest son of a poor Korean farmer, he became the richest man in South Korea. Chung was an integral part to the rapid development of Korea's economy, growing Hyundai Heavy Industries to be the largest ship builder in the world, as well as growing

Hyundai Motor Group The Hyundai Motor Group (HMG; ; ; stylized as HYUΠDAI) is a South Korean ''chaebol'' (loosely similar to a multinational conglomerate but without a central holding company or ownership structure) headquartered in Seoul, South Korea. The HMG ...

into the largest automobile manufacturer in Korea, and the third largest in the world. Chung was also a vital contributor to the development of South Korea's infrastructure after the Korean War's destruction of infrastructure, such as constructing the

Gyeongbu Expressway The Gyeongbu Expressway ( ko, 경부고속도로; ''Gyeongbu Gosokdoro'') (Asian Highway Network ) is the second oldest and most heavily travelled expressway in South Korea, connecting Seoul to Suwon, Daejeon, Gumi, Daegu, Gyeongju, Ulsan a ...

in 1970, connecting the capital, Seoul, to the port city of Busan, in alliance with the President

Park Chung Hee Park Chung-hee (, ; 14 November 1917 – 26 October 1979) was a South Korean politician and army general who served as the dictator of South Korea from 1961 until his assassination in 1979; ruling as an unelected military strongman from 1961 ...

. Chung's business ventures steered through the tumultuous times of Japanese colonial rule in Korea as well as the post-

Korean War {{Infobox military conflict , conflict = Korean War , partof = the Cold War and the Korean conflict , image = Korean War Montage 2.png , image_size = 300px , caption = Clockwise from top: ...

stresses on the economy. Chung explained his success in his statement: "Our people succeeded because they devoted their enterprising spirits. They used the forces of other mind. Conviction ... creates indomitable efforts. This is the key to (true) miracles ... Man's potential is limitless."

Life

Early life

Chung Ju-yung was born in Tongchon, Kangwondo, Chōsen (today located in Kangwon Province in

North Korea North Korea, officially the Democratic People's Republic of Korea (DPRK), is a country in East Asia. It constitutes the northern half of the Korean Peninsula and shares borders with China and Russia to the north, at the Yalu (Amnok) and ...

). Born to a large impoverished family of peasants, he was the eldest of seven 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 higher educational opportunities. Despite the setbacks, Chung was able to attend a local

Confucian Confucianism, also known as Ruism or Ru classicism, is a system of thought and behavior originating in ancient China. Variously described as tradition, a philosophy, a religion, a humanistic or rationalistic religion, a way of governing, or ...

school run by his grandfather whenever his time was not taken up by tasks on the family farm. Chung'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 A newspaper is a periodical publication containing written information about current events and is often typed in black ink with a white or gray background. Newspapers can cover a wide variety of fields such as politics, business, sport ...

Chung read sparked his

imagination Imagination is the production or simulation of novel objects, sensations, and ideas in the mind without any immediate input of the senses. Stefan Szczelkun characterises it as the forming of experiences in one's mind, which can be re-creations o ...

; he soon grew tired of the

poverty Poverty is the state of having few material possessions or little income. Poverty can have diverse < ...

that he and his family had to endure.

First escape attempt

At the age of sixteen, Chung and a friend decided to travel to the city of Seishin (Chongjin, currently in

) for work in hopes of escaping the harsh realities of farm life.Chung ju yung
After a 15-mile trek through the most dangerous parts of the Paechun valley, the pair reached the town of Kōgen (Kowon, currently in North Korea) where they took up jobs as

construction workers Construction is a general term meaning the art and science to form objects, systems, or organizations,"Construction" def. 1.a. 1.b. and 1.c. ''Oxford English Dictionary'' Second Edition on CD-ROM (v. 4.0) Oxford University Press 2009 and ...

. They worked long hours for low pay but Chung enjoyed the fact that he could earn money independently. Chung and his friend continued the work for two months until Chung's father learned of their whereabouts.

Second escape attempt

The journey that Chung and his friend had embarked on made him realize his passion for

civil engineering Civil engineering is a professional engineering discipline that deals with the design, construction, and maintenance of the physical and naturally built environment, including public works such as roads, bridges, canals, dams, airports, sewa ...

and gave him a sense of accomplishment. Once he returned to his home village of Gasan-ri in Tsūsen-gun, he devised another escape plan: this time towards

Keijō Keijō, or Gyeongseong, was an administrative district of Chōsen that corresponds to the present Seoul, the capital of South Korea. :ko:경성부, -(Seoul of Korea under Japanese rule) Honmachi The central district of Gyeongseong was H ...

(formerly

Hanseong Seoul (; ; ), officially known as the Seoul Special City, is the capital and largest metropolis of South Korea.Before 1972, Seoul was the ''de jure'' capital of the Democratic People's Republic of Korea (North Korea) as stated iArticle 103 o ...

, currently

Seoul Seoul (; ; ), officially known as the Seoul Special City, is the Capital city, capital and largest metropolis of South Korea.Before 1972, Seoul was the ''de jure'' capital of the North Korea, Democratic People's Republic of Korea (North Korea ...

). With two companions, Chung left for Keijō in April 1933. The journey seemed destined for failure, especially since one of the boys was caught by a sibling early on. More misfortune came upon them when Chung and his friend were conned by a stranger who promised them jobs but instead took all of their money. The journey came to an end when Chung's father found the two staying at Chung's grandfather's house nearby.

Third escape attempt

Chung once again found himself in Asan, where he remained for a year helping his father work on the family farm. Once his duties to the family were complete, Chung decided it was time to make another attempt at getting out of poverty. He managed to get a train ticket for 70

won Won may refer to: *The Korean won from 1902–1910 *South Korean won, the currency of the Republic of Korea *North Korean won, the currency of the Democratic People's Republic of Korea * Won (Korean surname) * Won (Korean given name) * Won Buddhis ...

by selling one of his father's cows. Once he arrived in Keijō, Chung enrolled himself in a local

bookkeeping Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business and other organizations. It involves preparing source documents for all transactions, operations, and other events of a business. ...

school hoping to start a career as an

accountant An accountant is a practitioner of accounting or accountancy. Accountants who have demonstrated competency through their professional associations' certification exams are certified to use titles such as Chartered Accountant, Chartered Certi ...

. Things went smoothly for two months when his father managed to find him and after a mild argument, took him back to Gasan.

Rice merchant

In 1933, at the age of 18, Chung decided to make a fourth attempt to escape. He left during the night with a friend who was trying to escape a

forced marriage Forced marriage is a marriage in which one or more of the parties is married without their consent or against their will. A marriage can also become a forced marriage even if both parties enter with full consent if one or both are later forc ...

. Once Chung reached Keijō, he jumped at any job he could find. He worked first as a laborer at Jinsen Harbor (Incheon, currently in

), a construction worker at Boseong Professional School and as a handyman for a starch syrup factory. After working at the syrup factory for nearly a year, Chung managed to land a job as a

deliveryman Delivery is the process of transporting goods from a source location to a predefined destination. Cargo (physical goods) is primarily delivered via roads and railroads on land, shipping lanes on the sea, and airline networks in the air. Cer ...

at the Bokheung Rice Store in Keijō. Chung's new job offered him room for advancement and as he became more successful at it, he decided to stay on full-time. He eventually won the praise of the rice store's core customers which impressed the owner so much that he allowed Chung to manage the store's accounting after only six months on the job. His experiences as the store

helped him to thoroughly develop his business sense. In 1937, the owner of the rice store became ill and decided it would be in his best interest to give the store to Chung. At 22 years of age, Chung became the store owner and changed the name of the store to Kyungil Rice Store. The store grew and made good profits until early 1939 when Japan, in its war efforts to secure rice supplies for the country and its military, imposed an oppressive rice-rationing system which forced Korean businesses out of trading rice.

Creation of Hyundai

A-do Service Garage

Chung returned to his

village A village is a clustered human settlement or community, larger than a hamlet but smaller than a town (although the word is often used to describe both hamlets and smaller towns), with a population typically ranging from a few hundred to ...

once his business failed and remained there until 1940, when he decided to try again in Keijō. After considering the reality of restrictions imposed on Koreans in certain industries by the Japanese colonial government, Chung decided to enter the

automobile A car or automobile is a motor vehicle with wheels. Most definitions of ''cars'' say that they run primarily on roads, seat one to eight people, have four wheels, and mainly transport people instead of goods. The year 1886 is regarded ...

repair business. Using a service garage he purchased from a friend, Chung started the A-do Service Garage on a 3,000

loan In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations, etc. The recipient (i.e., the borrower) incurs a debt and is usually liable to pay interest on that ...

. Within three years, the number of employees grew from 20 to 70 and Chung was able to earn a good income. In 1943, the Japanese colonial government forced the garage to merge with a steel plant as part of the war effort. Although his businesses were shut down due to suppression by the Japanese, Chung returned to Gasan with 50,000 yen in savings to try to make the best of the situation.

Hyundai

In 1946, after the

liberation of Korea The surrender of the Empire of Japan in World War II was announced by Emperor Hirohito on 15 August and formally signed on 2 September 1945, bringing the war's hostilities to a close. By the end of July 1945, the Imperial Japanese Nav ...

from Japanese control, Chung started

and Hyundai Civil Industries in anticipation of the post-war reconstruction and industrialization. Chung won major government contracts and became responsible for building much of South Korea's transportation infrastructure, including the

Soyang Dam The Soyang Dam, also referred to as the Soyanggang Dam, is an embankment dam on the Soyang River, northeast of Chuncheon in Gangwon-do Province, South Korea. The purpose of the dam is flood control, water supply and hydroelectric Hydroel ...

in 1967, the

in 1970, the world's largest

shipyard A shipyard, also called a dockyard or boatyard, is a place where ships are built and repaired. These can be yachts, military vessels, cruise liners or other cargo or passenger ships. Dockyards are sometimes more associated with maintenance ...

Ulsan Ulsan (), officially the Ulsan Metropolitan City is South Korea's seventh-largest metropolitan city and the eighth-largest city overall, with a population of over 1.1 million inhabitants. It is located in the south-east of the country, neighboring ...

, the Kori Nuclear Power Plant among others. Chung also won contracts from the

United States Forces Korea United States Forces Korea (USFK) is a sub-unified command of U.S. Indo-Pacific Command (USINDOPACOM). USFK is the joint headquarters for U.S. combat-ready fighting forces and components under the ROK/US Combined Forces Command (CFC) – a su ...

to build facilities for their personnel as his younger brother could speak English and was on good terms with the

U.S. Army engineers The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country Continental United States, primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., ...

. During the North Korean invasion of 1950, Chung abandoned his construction projects and fled with his younger brother to

Busan Busan (), officially known as is South Korea's most populous city after Seoul, with a population of over 3.4 million inhabitants. Formerly romanized as Pusan, it is the economic, cultural and educational center of southeastern South Korea ...

for safety. His son, Chung Mong-joon was born there. Chung continued to build onto the company by gathering any kind of work he could get from the

United Nations Command United Nations Command (UNC or UN Command) is the multinational military force established to support the Republic of Korea (South Korea) during and after the Korean War. It was the first international unified command in history, and the first a ...

and the Korean Ministry of Transportation. Once Seoul was retaken by U.N. forces, Chung reestablished the company and continued to gather more work from the Americans. From then on, Chung continued to grow and diversify the company into one of South Korea's major chaebol (conglomerate). With no experience in shipbuilding, he created the Ulsan shipyard, the largest shipyard in the world. The first vessel was completed in three years (rather than the expected five) as Chung had the shipyard and vessel built simultaneously. He introduced the Hyundai Pony in 1975 and the

Hyundai Excel The Hyundai Excel (), also known as the Hyundai Pony, Hyundai Pony Excel, Hyundai Presto, Mitsubishi Precis and Hyundai X2, is an automobile which was produced by Hyundai Motor Company from 1985 to 2000. It was the first front-wheel drive car pr ...

in 1986 using European expertise.

Later years

From the 1980s until recently, the Hyundai Group was split into many satellite groups. Chung had a very successful career. In

Seosan Seosan () is a city in South Chungcheong Province, South Korea, with a population of roughly 175,000 according to the 2017 census. Located at the northwestern end of South Chungcheong Province, it is bounded by Dangjin City, Naepo New Town, Yes ...

, he carried out a successful reclamation project, using a decommissioned

oil tanker An oil tanker, also known as a petroleum tanker, is a ship designed for the bulk transport of oil or its products. There are two basic types of oil tankers: crude tankers and product tankers. Crude tankers move large quantities of unrefined c ...

as a

cofferdam A cofferdam is an enclosure built within a body of water to allow the enclosed area to be pumped out. This pumping creates a dry working environment so that the work can be carried out safely. Cofferdams are commonly used for construction or re ...

.Amazon (2010).
Korean Founders of Automobile Manufacturers
. In 1998, he herded 1,001 cows through the

Korean Demilitarized Zone The Korean Demilitarized Zone ( Korean: ; Hanbando Bimujang Jidae) is a strip of land running across the Korean Peninsula near the 38th parallel north. The demilitarized zone (DMZ) is a border barrier that divides the peninsula roughly in ha ...

, which he claimed was a repayment 1,000 times over for a cow he took to afford his ticket when he escaped his father's farm. Chung was the first civilian to cross the Korean DMZ since the

division of Korea The division of Korea began with the defeat of Japan in World War II. During the war, the Allied leaders considered the question of Korea's future after Japan's surrender in the war. The leaders reached an understanding that Korea would be l ...

. He was the first to propose the Geumgangsan sightseeing excursions. He founded the Hyundai Heavy Steel Company which developed a non-dock ship-making method. Chung's philanthropy distinguished him from the other businessmen of his generation. In 1977, he founded the

Asan Foundation Asan () is a city in South Chungcheong Province, South Korea. It borders the Seoul Capital Area to the north. Asan has a population of approximately 300,000. Asan is known for its many hot springs and is a city of spas. Asan has grown into th ...

with a scope of activities comparable to those of the Ford or Rockefeller foundations. The foundation was organized into four major areas of service: medical support, social welfare, research and development, and a scholarship fund. Through its efforts, the foundation established nine hospitals throughout South Korea, built Ulsan Medical College, and funded the Asan Life Sciences Research Institute. The foundation also initiated cooperative arrangements between industry and academic institutions by supporting such academic research as the Sinyoung Research Fund. In 1982, Chung received the Golden Plate Award of the

American Academy of Achievement The American Academy of Achievement, colloquially known as the Academy of Achievement, is a non-profit educational organization that recognizes some of the highest achieving individuals in diverse fields and gives them the opportunity to meet o ...

Political activities

Chung is credited with successfully lobbying for South Korea to host the

1988 Summer Olympics The 1988 Summer Olympics (), officially known as the Games of the XXIV Olympiad () and commonly known as Seoul 1988 ( ko, 서울 1988, Seoul Cheon gubaek palsip-pal), was an international multi-sport event held from 17 September to 2 October ...

. This success highlighted the accomplishments of his generation in the eyes of the world and became a source of great pride to the people of Seoul. In 1992 the

International Olympic Committee The International Olympic Committee (IOC; french: link=no, Comité international olympique, ''CIO'') is a non-governmental sports organisation based in Lausanne, Switzerland. It is constituted in the form of an association under the Swis ...

awarded Chung an IOC Medallion for his contributions to sports as a vehicle of international understanding. Chung ran unsuccessfully as a Unification National Party presidential candidate for the

1992 South Korean presidential election Presidential elections were held in South Korea on 18 December 1992, the second democratic presidential elections since the end of military rule in 1987. Voter turnout was 81.9%. In the first regular presidential election with no military candid ...

. Chung also worked to normalize relations between the two Koreas. In 1998, at the age of 82, he worked with the South Korean government to provide economic assistance to the North. President

Kim Dae-jung Kim Dae-jung (; ; 6 January 192418 August 2009), was a South Korea, South Korean politician and activist who served as the eighth president of South Korea from 1998 to 2003. He was a 2000 Nobel Peace Prize recipient for his work for democra ...

wanted to provide a $100 million donation as a way to jump-start economic development in North Korea under his

Sunshine Policy The Sunshine Policy () is the theoretical basis for South Korea's foreign policy towards North Korea. Its official title is The Reconciliation and Cooperation Policy Towards the North (), and it is also known as The Operational Policy Towards the ...

. However, Kim could not find a legal way to transfer the funds. He turned to Chung, who was already negotiating a large program with the North. Kim persuaded Chung to increase his investment by $100 million with money from secret loans provided by the government-controlled Korea Development Bank. The historic

2000 inter-Korean summit 2000 inter-Korean summit was a meeting between South Korean president Kim Dae-jung and the Democratic People's Republic of Korea's supreme leader Kim Jong-il, which took place in Pyongyang from June 13 to June 15, 2000. It was the first inter-Korea ...

took place, with Chung traveling across the border in a motorcade of cars containing some 1001 " unification cows" as a gift to the North Korean people.

Death

Chung died at the age of 85 of

natural causes In many legal jurisdictions, the manner of death is a determination, typically made by the coroner, medical examiner, police, or similar officials, and recorded as a vital statistic. Within the United States and the United Kingdom, a disti ...

at his home in Seoul, and he was buried in accordance to

Buddhist Buddhism ( , ), also known as Buddha Dharma and Dharmavinaya (), is an Indian religion or philosophical tradition based on teachings attributed to the Buddha. It originated in northern India as a -movement in the 5th century BCE, and ...

and Confucian customary rites. His wife, Byun Joong-seok, died on August 17, 2008, at the age of 88, due in part to long-term heart complications, and was buried in a family graveyard in

Hanam Hanam () is a city in Gyeonggi Province, South Korea. Formerly a part of Gwangju County, it was designated a city in 1989. The ancient Baekje capital of Hanam Wiryeseong may have been located there. Lying immediately east of Seoul, Hanam is al ...

, along with her husband and their son.

Legacy

As one of the most recognized and admired business men in

Korean history The Lower Paleolithic era in the Korean Peninsula and Manchuria began roughly half a million years ago. Christopher J. Norton, "The Current State of Korean Paleoanthropology", (2000), ''Journal of Human Evolution'', 38: 803–825. The earliest ...

, Chung's identity still pervades modern Korean society and industry. Business-related events emphasizing creativity and innovation have been named after him. Much of the current success of Hyundai is widely attributed to Chung's insight and resolution, ideals that the contemporary Hyundai leadership vow to keep.

Books

* ''Trials May Not Fail'' (시련은 있어도 실패는 없다) * ''Born in This Land'' (이 땅에 태어나서) *''Your Lips Need to Burn if You Plan to Succeed'' (입이 뜨거워야 성공할 수 있다)

Family

Chung Ju-yung had five brothers and one sister; he had eight sons and one daughter with his wife. In addition, he had two illegitimate daughters with a younger woman, with whom he started a relationship in 1973; these daughters were not acknowledged until after his death.

Brothers

* (1920–2006). After leaving the Hyundai Group, he founded the

Halla Group Halla Group ( Hangul: 한라그룹) is a South Korean chaebol that engages in automobile, construction, distribution/port, investment, education, and sports businesses in Korea and internationally. Its construction business comprises the provision ...

, whose interests included Mando Machinery, Halla Cement, Halla Construction, Halla Heavy Industries, and

Halla Climate Control Corp Halla may refer to: *Halla (horse), a show jumping horse that won a record three Olympic gold medals *Halla (name), list of people with the name *Halla Group, a South Korean chaebol *Anyang Halla, a professional hockey team in Asia League Ice Hocke ...

. * (1925–2015). After working for

Hyundai Engineering & Construction Hyundai Engineering and Construction Co., Ltd. (HDEC; ) is a major construction company in South Korea. The company was founded by Chung Ju-yung in 1947 as the Hyundai Civil Works Company and was a major component of the Hyundai Group. Hyund ...

he ventured by taking Hyundai Cement with him to form the Sungwoo Business Group, which includes Hyundai Cement, Hyundai Welding, Sungwoo Automotive. * (1928–2005). Founder of Hyundai Motor. Left the Hyundai Group with Hyundai Development Co., Ltd., the leading housing builder in Korea. * Chung Shin-yung (1931–1962). Died in a car accident in Germany while working as a journalist for a Korean newspaper company. His only son, Chung Mong-hyuk, ran

Hyundai Oilbank Hyundai oil bank () is a petroleum and refinery company with its headquarters in Seosan, South Korea. It was established in 1964 as Kukdong Oil Industry Company () and later taken over by the Hyundai Group (1993). It is currently a part of the H ...

, the third largest oil refiner in Korea. * (1936–2021). Founder of the

KCC Chemical KCC Corporation (renamed from Kumkang Korea Chemicals Co., Ltd. on February 25, 2005) is a Korean chemical and auto parts manufacturer, headquartered in Seoul, South Korea. Operations KCC's products include various kinds of paints, float gla ...

(Keumkang) group, Korea's leading paint and glass maker.

Children

* (1934–1982). Died in a car accident in Gimcheon, in a Hyundai-built Ford Granada, on the

leaving two daughters. *

Chung Mong-koo Chung Mong-koo (born March 19, 1938, in Kangwon Province) is a South Korean businessman. He is the honorary chairman and former CEO of Hyundai Motor Group, Korea's second largest chaebol that manages 54 subsidiaries including Hyundai Motor, K ...

(1938–). Currently the head of the

Hyundai Kia Automotive Group The Hyundai Motor Group (HMG; ; ; stylized as HYUΠDAI) is a South Korean '' chaebol'' (loosely similar to a multinational conglomerate but without a central holding company or ownership structure) headquartered in Seoul, South Korea. The HM ...

, the second largest business group in Korea. Assumed control of

in 2011. * (1942–). Currently the chairman of the

Hyundai Department Store Hyundai Department Store ( Korean: 현대백화점 주식회사, Hanja: 現代百貨店株式會社), together with Lotte Department Store and Shinsegae, is one of the three major department store chains in South Korea. Its parent company is th ...

Group, one of the largest retailers in South Korea. * Chung Kyung-hee (1944–). The only daughter of Chung ju-yung and Byeon Joong-seok. * (1945–1990). Committed suicide leaving three sons. His oldest son

Chung Il-sun Chung may refer to: Surnames * Chung (surname) * Jeong (surname), Korean surname * Zhong (surname), or Chung, Chinese surname * Cheung, or Chung, Cantonese surname Geography * Chung, Iran, a village in Kohgiluyeh and Boyer-Ahmad Province, Iran * ...

is currently the president of

BNG Steel BNG may refer to: Organisations * Bandai Namco Games, a video game developer based in Tokyo, subsidiary of Namco Bandai Holdings * Bank Nederlandse Gemeenten * British Nuclear Group * Bahala Na Gang, a Filipino street gang with operations in the ...

, a member of the

. * Chung Mong-hun (1948–2003). Former chairman of the

Hyundai Group Hyundai Group (; ) is a South Korean conglomerate founded by Chung Ju-yung. The first company in the group was founded in 1947 as a construction company. With government assistance, Chung and his family members rapidly expanded into various i ...

and heir apparent to his father before he committed suicide in August 2003; this left his wife (1956–) in control of the Hyundai Group. * Chung Mong-joon (1951–). Politician and ''de facto'' owner of Hyundai Heavy Industries, the world's largest

shipbuilding Shipbuilding is the construction of ships and other Watercraft, floating vessels. It normally takes place in a specialized facility known as a shipyard. Shipbuilders, also called shipwrights, follow a specialized occupation that traces its roo ...

firm, as well as vice-chairman of FIFA. * (1955–). Chairman of Hyundai Marine & Fire Insurance, Korea's third largest non-life insurer. * (1959–). Former chairman of

Hyundai Merchant Bank Hyundai is a South Korean industrial conglomerate ("chaebol"), which was restructured into the following groups: * Hyundai Group, parts of the former conglomerate which have not been divested ** Hyundai Mobis, Korean car parts company ** Hyundai ...

and

Kangwon Bank Gangwon or Kangwŏn may refer to: * Gangwon Province (historical), the Goryeo, Joseon Dynasty and the Japanese Korean province * Gangwon Province (South Korea), a province of South Korea, with its capital at Chuncheon. Before the division of Ko ...

. * Chung Chung-in (Grace Jeong) (1979–), actress. * Chung Chung-im (Elizabeth Jeong) (1981–), advertiser.

Nephews

via Chung In-yung (1920–2006) * Chung Mong-guk. *

Chung Mong-won Chung Mong-won ( ko, 정몽원, born 4 August 1955) is a South Korean ice hockey administrator and businessman. He has served as chief executive officer of both Halla Group and Mando Corporation, founded the Anyang Halla hockey team in 1994, a ...

. Chairman of

. Recently reacquired Mando Machinery. via Chung-Soon-yung (1925–2015) * Chung Mong-sun. Chairman of Sungwoo Group (Hyundai Cement). * Chung Mong-suk. Chairman of Hyundai Welding Co., Ltd. * Chung Mong-hoon. Chairman of Sungwoo Hyokwang International Co. * Chung Mong-yong. Chairman of Sungwoo Automotive. via Chung Se-yung (1928–2005) * Chung Mong-gyu. Former Chairman of Hyundai Motor. Current Chairman of Hyundai Development Co., Ltd. via Chung Shin-yong (1931–1962) * Chung Mong-hyuk. Former President of Hyundai Oil & Hyundai Petrochemical; current chairman of

Hyundai Corporation Hyundai Corporation () is a South Korean company founded in 1976 as part of the Hyundai '' chaebol''. It is a general trading company providing export and import services with a wide variety of products including marine vessels, industrial plant ...

. via Chung Sang-yung (1936–) * Chung Mong-jin. Chairman of KCC. * Chung Mong-ik. Vice-Chairman of KCC. * Chung Mong-yeol. President of KCC Construction Co., Ltd.

Notes and references

External links

*
Chung Ju-yung
*
Chung Ju Yung Cyber Museum
* Schuman, Michae

''

Time Time is the continued sequence of existence and events that occurs in an apparently irreversible succession from the past, through the present, into the future. It is a component quantity of various measurements used to sequence events, t ...

''.
"Hyundai Group's Honorary Chairman: Autobiography"
{{DEFAULTSORT:Chung, Ju-yong 1915 births 2001 deaths People from Tongchon County South Korean founders of automobile manufacturers Hyundai people 20th-century South Korean businesspeople