Chung Mong-Joon Net Worth

In 1962, Chung Mong-Joon was born into a wealthy family in South Korea. After attending college in the United States, he began his career as a businessman. In 1992, he ran for president of South Korea but lost to Kim Young-sam. He then turned to politics, and in 2004 was elected to the National Assembly of South Korea. Since then, he has held several high-ranking positions in the government, most recently as Minister of Sports & Tourism. In 2011, he announced his candidacy for president of South Korea; however, he withdrew from the race in October 2011. Chung Mong-Joon is known for his vocal support of democracy and free-market economies.

Chung Mong-Joon’s Education, Career

Chung Mong-Joon is a Korean business tycoon and politician. He is the chairman of the sixth-largest conglomerate in South Korea, the Hyundai Heavy Industries Group. He was also a member of the National Assembly from 1998 to 2016, representing the Sacheon region. In addition to his business and political career, Chung Mong-Joon has also been deeply involved in education. He established the Hyundai Young Artists and Musicians Academy in 1996 and has also served as the chairman of the board of directors for Seoul Arts High School. Chung Mong-Joon’s commitment to education has helped him to make a significant impact on the Korean cultural scene.

Chung Mong-Joon Net Worth

How much is Chung Mong-Joon’s Net Worth?

Chung Mong-Joon is a South Korean business magnate and politician with an estimated net worth of $1.2 billion. He is the sixth son of the late Hyundai Group founder, Chung Ju-yung. Mong-Joon serves as the chairman of the board of Hyundai Heavy Industries and as a member of the National Assembly of South Korea. In addition, he is the owner of the professional football club, FC Seoul. Chung Mong-Joon’s net worth makes him one of the richest people in South Korea.


Chung Mong-Joon is a South Korean businessman and politician. He was a vice-chairman of Samsung until he resigned in 2010, and has been involved in politics since then. In the 2011 presidential election, he ran as an independent candidate but lost to Park Geun-hye. He is currently running for the presidency of FIFA.