| Who is it? | Chairman, Hyundai Motor |
| Birth Day | March 19, 1938 |
| Birth Place | Seoul, South Korea, South Korea |
| Age | 85 YEARS OLD |
| Birth Sign | Aries |
| Education | Hanyang University |
| Alma mater | Hanyang University (B.S.) |
| Occupation | Chairman of Hyundai Motor Group |
| Spouse(s) | Lee Jung-Hwa (Deceased) |
| Children | 4 |
| Awards | Van Fleet Award (2009) |
| Hangul | 정몽구 |
| Hanja | 鄭夢九 |
| Revised Romanization | Jeong Monggu |
| McCune–Reischauer | Chŏng Mongku |
Chung Mong-Koo, renowned as the Chairman of Hyundai Motor in South Korea, is anticipated to possess a considerable net worth of $5.2 billion by 2024. As a prominent figure in the automotive industry, he has played a pivotal role in the success and expansion of Hyundai over the years. Under his leadership, the company has witnessed immense growth and has become a global powerhouse in the automobile market. With his extensive knowledge, strategic vision, and business acumen, Chung Mong-Koo has not only propelled Hyundai to new heights but has also solidified his own financial standing.
In 2006, he and his family were targeted by the Seoul Supreme Prosecutor's Office as part of an investigation into embezzling 100 billion won ($106 million) from Hyundai to create slush funds to bribe officials. 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.
On 5 February 2007 he was convicted of embezzlement and breach of fiduciary duty for selling securities to his son Chung Eui-sun at below-market prices. He was sentenced to three years in 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, community Service and a $1 billion donation to charity.
Furthermore, in 2011, he was accused of nepotism when Ozen, a bakery cafe whose advisors included his three daughters Sung-yi, Myung-yi, and Yun-yi, set up shop in company buildings. Ozen eventually closed in 2012.
As of March 2014, his net worth was $6.8 billion according to Forbes.
Although he only holds 5.2% of Hyundai Motor’s stock, Chung "wields disproportionately strong control" and is able to control its board thanks to a complex corporate governance arrangements in which Hyundai Motor owns 34% of Kia, which owns 16.9% of Mobis, which in turn owns 20.8% of Hyundai Motor. This means that "because the companies essentially control each other, no outside shareholder is strong enough to name board members".
