Chung Eui-sun (; born 18 October 1970), also spelled Euisun Chung, is a South Korean

billionaire A billionaire is a person with a net worth of at least 1,000,000,000, one billion units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. It is a sub-category of the concept of the ultr ...

business magnate. He is the executive chairman and CEO of

Hyundai Motor Group The Hyundai Motor Group (HMG; ; stylized as HYUNDAI) is a South Korean '' chaebol'' (loosely similar to a multinational conglomerate but without a central holding company or ownership structure) headquartered in Seoul, South Korea. The HMG a ...

and the only son and "heir apparent" of Hyundai Motor Group honorary chairman

Chung Mong-koo Chung Mong-koo (; born March 19, 1938, in Kangwon Province) is a South Korean business magnate. He is the honorary chairman and former CEO of Hyundai Motor Group, Korea's second largest chaebol that manages 54 subsidiaries including Hyundai Mot ...

. He is among the richest people in South Korea. In December 2024,

Forbes ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...

estimated his net wealth as

US$ The United States dollar (Currency symbol, symbol: Dollar sign, $; ISO 4217, currency code: USD) is the official currency of the United States and International use of the U.S. dollar, several other countries. The Coinage Act of 1792 introdu ...

3.3 billion and ranked him 10th richest in the country.

Education

Chung was educated in

Whimoon High School Whimoon High School () is a private high school at Daechi-dong, Seoul, South Korea. It is one of the oldest and most prestigious high schools in South Korea. It is known for having extremely competitive admissions and strong college admission o ...

and received a bachelor's degree in business management administration from

Korea University Korea University (KU, ) is a Private university, private research university in Seoul, South Korea. Established in 1905 by Yi Yong-ik, Lee Yong-Ik, a prominent official of the Korean Empire, Korea University is among South Korea's oldest List of ...

in 1993. After graduation from Korea University, he earned an MBA from the

University of San Francisco The University of San Francisco (USF) is a Private university, private Society of Jesus, Jesuit university in San Francisco, California, United States. Founded in 1855, it has nearly 9,000 students pursuing undergraduate and graduate degrees ...

School of Business in 1997.

Career

* 2020–present: Executive Chairman and CEO, Hyundai Motor Group * 2018–2020: Executive Vice Chairman, Hyundai Motor Group * 2009–2018: Vice Chairman, Hyundai Motor Company * 2005–2009: President, Kia Motors Corporation (sister company of Hyundai Motor) * 2003–2005: Chief Operating Officer, Hyundai-Kia Corporate Planning Division * 2001–2002: Deputy Operating Officer, Hyundai Motor's Domestic Sales & Marketing Division * 2001–2002: Deputy Operating Officer, Hyundai-Kia After-Sales Service Division * 2000–2002: Deputy Operating Officer, Hyundai Information Technology Center * 1999–2001: Director, Hyundai Procurement Planning & Coordination Group * 1994–1999: Deputy Manager, Hyundai Precision and Industries Ltd. (San Francisco, US) * 1997–1999:

Itochu is a Japanese corporation based in Umeda, Kita-ku, Osaka and Aoyama, Minato, Tokyo, Aoyama, Minato, Tokyo. It is one of the largest Japanese ''sogo shosha'' (general trading and investment companies) distinguished by the strength of its textil ...

Corporation (New York, US) From 2005 to 2009, Chung was the president of Kia Motors Corp, a subsidiary of Hyundai Motor, which owns 34% of Kia. According to ''

'', Chung is credited with the success of the

Kia Cee'd The Kia Ceed (known as the Kia Cee'd before 2018) is a compact car/ small family car (C-segment) produced by the South Korean manufacturer Kia since 2006 exclusively for the European market. It is the first Kia vehicle to be designed entirely ...

in Europe along with the

Soul The soul is the purported Mind–body dualism, immaterial aspect or essence of a Outline of life forms, living being. It is typically believed to be Immortality, immortal and to exist apart from the material world. The three main theories that ...

and the

Forte Forte or Forté may refer to: Music *Forte (music), a musical dynamic meaning "loudly" or "strong" * Forte number, an ordering given to every pitch class set * Forte (notation program), a suite of musical score notation programs * Forte (vocal ...

. In October 2020, Chung became chairman of Hyundai Motor Group, and his father, Chung Mong-Koo, honorary chairman. Chung is World Archery Asia president. He is currently on his fifth consecutive term as president.

Awards and honors

* 2006:

World Economic Forum The World Economic Forum (WEF) is an international non-governmental organization, international advocacy non-governmental organization and think tank, based in Cologny, Canton of Geneva, Switzerland. It was founded on 24 January 1971 by German ...

Young Global Leader Forum of Young Global Leaders, or Young Global Leaders (YGL), is a non-profit organization. The organization was created by Klaus Schwab, founder of the World Economic Forum and is managed from Geneva, Switzerland, under the supervision of the Sw ...

* 2005–present: Asian Archery Federation, President * 2023: Honorary Commander of the Order of the British Empire

Personal life

Chung is married, with two children, and lives in

Seoul Seoul, officially Seoul Special Metropolitan City, is the capital city, capital and largest city of South Korea. The broader Seoul Metropolitan Area, encompassing Seoul, Gyeonggi Province and Incheon, emerged as the world's List of cities b ...

, South Korea.

Family

References