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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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.
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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Earns an MBA from the University of San Francisco (Academic Achievement).
Serves as President of Kia Motors Corporation (Executive Ascent).
Leads the successful launch of the Genesis luxury brand (Innovation Milestone).
Appointed Executive Chairman and CEO of Hyundai Motor Group (Executive Succession).
Continues to lead the Group's pivot toward EVs, open innovation, and future mobility solutions (Executive Leadership).
Euisun Chung's wealth is concentrated in his generational control and executive leadership of the publicly traded automotive giant, Hyundai Motor Group (HMG).
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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.
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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“We can help realize humanity's dreams by creating a new future through our creativity and endless challenges.”
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+0.57% | +$7.99M
-20.82% | -$970.88M
This profile is compiled from verified biographical and financial records:
All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.
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