C ho Jung-ho is a South Korean billionaire and the chairman of Meritz Financial Group, a major player in the country's financial services industry. He is the youngest son of the late Cho Choong-hoon, the founder of the Hanjin Group, one of South Korea's most iconic conglomerates, which included Korean Air. After the founder's death, the Hanjin empire was split among his four sons.
Cho Jung-ho received control of the group's financial services arm and has since built it into a highly successful and independent enterprise. Meritz Financial Group has core businesses in non-life insurance, securities, and asset management. He has earned a reputation as a savvy and effective financial executive, successfully growing his portion of the family inheritance into a major financial powerhouse, separate from the transportation-focused businesses run by his brothers.
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