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Euisun Chung

Euisun Chung

E. Chung
-0.06% | - $-4.46M
$7.16 B ₹ 65,151 Cr
Real Time Net Worth #550 Ranking as of 21 Feb 2026 By Forbes

More on Euisun Chung

Gender

Male

Age

55Y

Country

South Korea

Born On

October, 1970

Deceased

No

Relationship Status

Married

Children

2

Education

University Of San Francisco - Master Of Business Administration

Designation Info :

Self-Made

No

Entrepreneur Type

Inherited

Primary Organization

Hyundai Motor Group

Titles

Executive Chairman

Sources of Wealth

Hyundai Motor Group

Industry

Automotive, Manufacturing, Technology

About Euisun Chung


E uisun Chung is a South Korean billionaire and the executive chairman of Hyundai Motor Group, one of the largest automakers in the world. He represents the third generation of the founding Chung family, as the grandson of Hyundai's legendary founder, Chung Ju-yung, and the only son of the former chairman, Chung Mong-koo. His ascension to the chairmanship in 2020 marked a major generational shift at the helm of the massive industrial chaebol.

Chung is seen as a modernizing force within the company, tasked with navigating the profound disruption facing the global automotive industry. He has been the driving force behind Hyundai's aggressive and successful push into electric vehicles (with its popular Ioniq line), hydrogen fuel cell technology, and future mobility solutions like robotics and urban air mobility. He is leading the transformation of the traditional manufacturing giant into a "smart mobility solutions provider," securing the legacy of one of South Korea's most iconic companies for a new era.

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Quick Reads


  • Executive Chairman of Hyundai Motor Group, one of the world's top automakers.
  • Grandson of Hyundai's founder, Chung Ju-yung.
  • Represents the third generation of family leadership.
  • Spearheading the company's major investments in electric vehicles, hydrogen, and robotics.
  • He officially took over the chairmanship from his father, Chung Mong-koo, in 2020.

Early Life and Background


Chung Eui-sun (also spelled Euisun Chung) is a South Korean billionaire business magnate, the Executive Chairman and CEO of Hyundai Motor Group (HMG), one of South Korea's largest and most important chaebols. Born in 1970, he is the only son and heir apparent of the former honorary chairman, Chung Mong-koo, and the grandson of Hyundai Group founder, Chung Ju-yung.

Chung received an elite, American-focused education: he earned a bachelor's degree in Business Administration (BBA) from Korea University in 1993, followed by an MBA from the University of San Francisco School of Business in 1997. This training in global business and management prepared him for the complex task of leading South Korea's largest automotive group through a generational transition.

Career Journey of Euisun Chung


Euisun Chung's career within the Hyundai Motor Group has been a continuous ascent through executive roles focused on strategy, quality, and design. He served as President of Kia Motors Corporation (2005–2009), where he is credited with pioneering design-oriented management and overseeing the success of models like the Kia Cee'd and Soul.

In 2015, he led the successful launch of the Genesis luxury brand and the high-performance N sub-brand, showcasing the Group's technological competitiveness. The pivotal moment came in October 2020 when he was appointed Executive Chairman and CEO of Hyundai Motor Group, succeeding his father. His current strategy centers on harmonizing talent across the automotive, steel, construction, and finance sectors and leading a massive open innovation strategy to dominate the Electric Vehicle (EV) and mobility solutions market.

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Euisun Chung's Timeline


1997:

Earns an MBA from the University of San Francisco (Academic Achievement).

2005–2009:

Serves as President of Kia Motors Corporation (Executive Ascent).

2015:

Leads the successful launch of the Genesis luxury brand (Innovation Milestone).

2020 (October):

Appointed Executive Chairman and CEO of Hyundai Motor Group (Executive Succession).

Ongoing:

Continues to lead the Group's pivot toward EVs, open innovation, and future mobility solutions (Executive Leadership).

Major Business Ventures and Investments


Euisun Chung's wealth is concentrated in his generational control and executive leadership of the publicly traded automotive giant, Hyundai Motor Group (HMG).

  • Hyundai Motor Group (Executive Chairman & CEO): The core asset, a global leader in automotive manufacturing (Hyundai and Kia) and related industrial sectors (steel, auto parts).
  • Genesis Luxury Brand (Founder/Leader): The successful luxury automotive brand launched in 2015 under his guidance.
  • Open Innovation Strategy: His focus is on electric vehicles (EVs), autonomous driving, and hydrogen power, prioritizing collaboration with startups.
  • Sports Governance: He serves as World Archery Asia president (on his fifth consecutive term).

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Philanthropy and Social Impact


Euisun Chung's social impact is massive and structural, tied to Hyundai Motor Group's role as a global industrial leader and massive employer (thousands of jobs globally). His commitment to EVs and hydrogen power is a massive structural contribution to the global clean energy transition.

His leadership emphasizes communication, autonomy, and open innovation for corporate culture. His role as World Archery Asia President reflects the family's long-standing connection to sports and civic engagement.

Fashion, Style, and Lifestyle


Euisun Chung maintains the highly professional, modern style of a Korean chaebol chairman. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic is one of confident, forward-thinking authority, reflecting his focus on design, technology, and electric mobility.

Residing in Seoul, South Korea, his luxury is the profound security and autonomy derived from his multi-billion dollar fortune. His life is dedicated to the stewardship of his family's industrial legacy, ensuring Hyundai Motor Group remains a global leader in the future of transportation.

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Quotes and Philosophy


“We can help realize humanity's dreams by creating a new future through our creativity and endless challenges.”

Fun Facts & Trivia


  • He is the Executive Chairman and CEO of Hyundai Motor Group.
  • He successfully steered Kia Motors and launched the Genesis luxury brand.
  • He holds an MBA from the University of San Francisco.
  • His current strategy prioritizes electric vehicles (EVs) and hydrogen business value chains.
  • He is the only son and heir apparent of the former honorary chairman.
  • He is the President of World Archery Asia.
  • His philosophy emphasizes open innovation and design-oriented management.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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