How a Poor Korean Boy Built Hyundai

8 months ago
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The owner of the South Korean company Hyundai, Chung Mong-koo, was born on March 19, 1938, in Pyongyang, North Korea. He is the son of Hyundai Group founder, Chung Ju-yung.

Chung Mong-koo studied at Hanyang University in Seoul, South Korea, where he graduated with a bachelor's degree in business administration. After completing his education, he joined Hyundai in 1968 and began his career in the company's construction division.

In 1996, Chung Mong-koo became the chairman and CEO of Hyundai Motor Company, the largest division of the Hyundai Group. Under his leadership, the company experienced significant growth and became one of the world's leading automobile manufacturers.

Chung Mong-koo is known for his disciplined management style and focus on quality, design, and innovation. He played a crucial role in transforming Hyundai from a domestic automaker into a global brand, expanding its presence in international markets and achieving success in the United States and Europe.

Throughout his career, Chung Mong-koo has been recognized for his contributions to the automotive industry. He received various awards and honors, including the Order of Civil Merit from the South Korean government.

In his personal life, Chung Mong-koo is known to be a private individual and rarely shares details about his personal affairs. However, it is known that he is married and has two children.

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