Chung Eui-Sun is the only son of Hyundai Motor Co. Chairman Chung Mong-Koo and heir apparent to the company. After receiving an M.B.A. from University of San Francisco, Chung worked at Itochu Corp. before joining Hyundai's auto parts affiliate, Hyundai Mobis, in 1994. He then went on to become president of Kia from 2005 to 2009, where he hired renowned automotive designer Peter Schreyer to phase out the bland, boxy styling of Kia models. In 2009, Chung became vice chairman of Hyundai Motor and was appointed to the company's board in 2010. He is also president of the Asian Archery Association, as his father once was, and his fortune is largely derived from Hyundai Glovis Co.
Chung Eui-Sun is a member of Automotive
Chung Eui-Sun, also known as Hyundai Motor in South Korea, is projected to have a net worth of $3.5 billion by 2024. As the heir to the Hyundai empire, Chung has played a pivotal role in the company's success and growth. Under his leadership, Hyundai Motor has expanded its global footprint, making it one of the leading automotive manufacturers worldwide. With innovative engineering and a strong focus on sustainability, Chung has cemented Hyundai's position as a frontrunner in the industry. As his net worth continues to grow, Chung Eui-Sun remains a key figure in shaping the future of Hyundai Motor and the automotive industry as a whole.
2010
$1.3 Billion
2011
$2.1 Billion
2012
$2.8 Billion
2013
$3.1 Billion
2014
$3.4 Billion
2015
$3.8 Billion
2016
$3 Billion
2017
$2.6 Billion
2018
$2.7 Billion
Some Chung Eui-Sun images
Biography/Timeline
1993
Chung received the bachelor's degree in Business management administration from Korea University in 1993 and a Master of Business Administration from the University of San Francisco School of Business in 1997.
2005
From 2005 to 2009, Chung was the President of Kia Motors Corp., the subsidiary of Hyundai Motor, which owns 34% of Kia. According to Forbes, Chung is credited with the success of the Kia Cee'd in Europe along with the Soul and the forte.