Chung Mong-joon

Quick Facts

Full Name	Chung Mong-joon
Occupation	Businessman
Date Of Birth	Oct 17, 1951(1951-10-17)
Age	73
Birthplace	Beomil 4(sa)-dong
Country	South Korea
Horoscope	Libra

Chung Mong-joon Biography

Chung Mong-joon is one of the most popular and richest Businessman who was born on October 17, 1951 in Beomil 4(sa)-dong, South Korea.

Chung became a politician when he was elected as an assembly man in 1988 and served consecutive 7 terms in two different electoral districts. Initially, he was elected in Dong District, Ulsan, where the predominant share of the population consisted of employees of the Hyundai Heavy Industries Group, its affiliated companies’ employees, and their families. Most of other population in Dong District run businesses related with serving those workers and their families. Chung served as a representative of this particular district for 20 years. He joined Grand National Party in 2007 shortly before 2007 South Korean presidential election, declaring his support to that party’s presidential candidate Lee Myung-bak. As a member of Grand National Party, he switched his electoral district to Dongjak District, Seoul, and represented there as an assembly man for 2 terms until 2014 when he had to give up that seat to run for mayor of Seoul, but the election was lost to Park Won-soon leaving no political titles for Chung after. Grand National Party changed its name to Saenuri Party in 2012. Chung had announced his candidacy for FIFA president. However he was banned from all football activities for six years by FIFA Ethics Committee in October 2015. In 2018, the ban was reduced to 15 months by the Court of Arbitration for Sport due to “mitigating factors.”

Chung’s real mother is unknown. When he ran for the South Korean presidency in 2002, Grand National Party explored this point. They speculated about the identity of Chung’s real mother. They speculated that his real mother could be a house maid, a geisha, or a particular traditional musician whom Chung Ju- yung had an affair with. In fact, in his interview with news reporters in 2002, Chung indicated that his real mother is someone else, saying he would reveal the truth someday. It was reported that he was crying when he was questioned about his real mother. Chung explained about his real mother in his autobiography in 2011. Chung says that when he studied in US in 1978, he received a letter from someone in Korea who claimed to be his real mother. He hurried to return to Korea, and met her at her place, according to his autobiography. Chung said that it was the first and last time that he was going to see her.

Chung Mong-joon Net Worth

Chung Mong-joon is one of the richest Businessman from South Korea. According to our analysis, Wikipedia, Forbes & Business Insider, Chung Mong- joon 's net worth $5 Million. (Last Update: December 11, 2023)

Chung Mong-joon or Chung Mong Joon (Korean: 정몽준 , born October 17, 1951) is a South Korean businessman and politician. He is the sixth son of Chung Ju-yung, founder of Hyundai, the second-largest South Korean chaebol before its breakup in 2003. He remains the controlling shareholder of a Hyundai offshoot, Hyundai Heavy Industries Group, parent of the world’s largest shipbuilding company. He is also the chairman of the board of the University of Ulsan and Ulsan College in Ulsan, South Korea. He is the founder and the honorary chairman of The Asan Institute for Policy Studies. He was Honorary Vice-President of FIFA and president of the South Korean football association.

Height, Weight & Body Measurements

Chung Mong-joon height Not available right now. Wang weight Not Known & body measurements will update soon.

Who is Chung Mong-joon Dating?

According to our records, Chung Mong-joon married to Kim Young-Myeong. As of December 1, 2023, Chung Mong-joon’s is not dating anyone.

Relationships Record : We have no records of past relationships for Chung Mong-joon. You may help us to build the dating records for Chung Mong- joon!

Chung’s brother Chung Mong-hun, then the president of Hyundai Asan who pioneered South and North joint Mount Kumgang tour business, committed suicide on Aug 4, 2003 when he was investigated by prosecutors for his alleged $400 million cash remit to North Korea shortly before 2000 North-South summit. Initially this suspicion was raised from US when Congressional Research Service reported such allegation from CIA source on March 5, 2002. Upon hearing of such report, Grand National Party made use of this suspicion to attack the legitimacy of President Kim Dae-jung’s government, and demanded thorough investigation through hearings and independent special prosecutors. Several weeks before leaving his office, President Kim gave an apology and advised no investigation for this matter for fear of aggravating North and South’s relation, and Chung Mong-hun also confessed much of the allegations to public in his final attempt to evade investigation. But Grand National Party was resolute in its demand for formal investigation. Shortly after Roh’s inauguration, Grand National Party passed the law entitling special prosecutors to investigate this case, taking advantage of its majority seats in National Assembly. Roh’s regime wasn’t able to refuse the demand of investigation, and Chung Mong-hun committed suicide when he was investigated about the use of $15 million worth of Korean won which was suspected to had been money laundered after its withdrawal from Hyundai’s bank accounts. In fact, the money wasn’t part of $400 million cash remittance to North Korea. North Korea blamed Grand National Party immediately after Chung Mong-hun’s suicide. So Chung Mong-joon has joined the party which could be considered to be responsible for his brother’s death, but Chung blames President Roh instead. In his autobiography which was published in 2011, Chung argues that President Roh didn’t refuse Grand National Party’s demand of investigation because he believes Roh actually wanted to investigate his brother to revenge on his withdrawal of supporting Roh in 2002 presidential election.

Facts & Trivia

Wang Ranked on the list of most popular Businessman. Also ranked in the elit list of famous people born in South Korea. Chung Mong-joon celebrates birthday on October 17 of every year.

On top of publishing his autobiography, Chung also donated huge sums of money and set up a charity foundation in 2011, a year before 2012 presidential election. He contributed $200 million worth of Korean won from selling approximately 5% of his assets and established the Asan Sharing Foundation, which offers educational opportunities and financial assistance to young people from low income families. He said he funded it to commemorate his late father Chung Ju-yung, but many couldn’t dismiss reasonable suspicion that his motivation was to impress the public before the presidential election. In fact, Chung didn’t deny such suspicion, arguing that donation is supposed to good regardless of purpose.