Mong-Koo Chung

Mong-Koo Chung

Mong-Koo Chung (#403)

Global Rank #403
Country Rank #5
Country South Korea

Mong-Koo Chung is listed among the world billionaires tracked by Iconic Billionaires.

  • $ 9 B
  • Hyundai
  • South Korea
  • M
  • 88 Years

Snapshot

Quick Facts

Global Rank #403
Country Rank #5
Net Worth $8.9B
Previous Worth $9.2B
Worth Change -$0.3B
Country South Korea
Industry Hyundai
Age 88 Years
Gender M
Worth As Of May 4, 2026
Residence Seoul, South Korea
Citizenship South Korea
World Billionaires List South Korea Billionaires Hyundai

Profile Data

Personal Stats

Age 88
Source Of Wealth Hyundai
Residence Seoul, South Korea
Citizenship South Korea
Marital Status Married
Children 4
Education Bachelor of Arts/Science, Hanyang University
Net Worth Change -$0.3B -3.3% from previous worth
Previous Net Worth $9.2B
Current Net Worth $8.9B

Worth as of May 4, 2026

About Me

Mong-Koo Chung was chairman of Hyundai Motor, South Korea's largest automaker, for more than 20 years before stepping down in 2020. He was succeeded by his only son Euisun, who is also a billionaire. He is the second son of the late Chung Ju-yung who came from a peasant family and later founded the Hyundai Group, once Korea's biggest conglomerate. His second-biggest holding is in the publicly-listed auto parts company Hyundai Mobis.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Mong-Koo Chung.

#7
Korea's 50 Richest (2026)
#359
Billionaires (2026)

Insights

Did You Know?

Chung is often nicknamed a "bulldozer" for his blunt and forceful style.

In 2007 Chung was sentenced to 3 years in prison for embezzling company funds; he only spent a few months behind bars prior to his sentence being suspended.

Wealth Growth

Net Worth Growth Over Time

Tracking Mong-Koo Chung's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $8.9B (May 4, 2026)

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