Chung Yong-jin

$1.98 B

Ranked #2038 in World

About Chung Yong-jin

Chung Yong-jin, a prominent South Korean billionaire and business magnate, serves as the vice chairman and former CEO of the esteemed Shinsegae Group. As the sole heir of Lee Myung-hee, the Shinsegae Group's chairwoman, and the grandson of Samsung's founder, Lee Byung-chul, Chung's lineage is deeply rooted in South Korea's corporate dynasty. He is also related to key industry leaders, including Samsung Group's Lee Jae-yong and CJ Group's Lee Jay-hyun. Chung's education includes a Bachelor of Arts in Economics from Brown University. His personal life has seen its share of public attention, from his marriage and subsequent divorce from Go Hyun-jung, with whom he has two children, to his open engagement with the public via social media, marking him as an influential figure in both the business and social spheres of South Korea.

Born

September 19, 1968 in Seoul, South Korea

Age

57 years

Source Of Wealth

Retail

Industries

Fashion & Retail

Citizenship

South Korea

Residence

Seoul

Education

Bachelor of Arts/Science, Brown University

Spouse

Go Hyun-jung ((Married: 1995; Divorced: 2003)), Han Ji-hee ((Married: 2011))

Children

Parent

Lee Myung-hee, Chung Jae-eun

Chung Yong-jin, a prominent South Korean billionaire businessman, was born into a family of immense wealth and influence. He is the only son of Lee Myung-hee, the chairwoman of Shinsegae Group, and the grandson of Samsung founder Lee Byung-chul. This familial connection places him at the heart of two of South Korea's most powerful business empires.

Chung Yong-jin: Family

Chung Yong-jin's family ties extend beyond his immediate relatives. He is the cousin of Samsung Group chairman Lee Jae-yong and CJ Group chairman Lee Jay-hyun, further solidifying his position within the country's business elite. His personal life has also been marked by significant events, including his marriage to Go Hyun-jung in 1995, with whom he had two children: Jung Hae-chan (1998) and Jung Hae-in (2000). However, the couple divorced in 2003, and Chung Yong-jin gained custody of both children. In 2011, he announced his marriage to Han Ji-hee.

Chung Yong-jin: Career Highlights

Chung Yong-jin's career has been marked by notable achievements. He currently serves as the vice chairman and former CEO of Shinsegae Group, a leading South Korean retail conglomerate. His leadership and strategic vision have played a crucial role in shaping the company's growth and success.

Chung Yong-jin: Companies

Chung Yong-jin's professional journey has been closely intertwined with Shinsegae Group, where he has held various leadership positions. Shinsegae Group encompasses a diverse portfolio of businesses, including department stores, supermarkets, discount stores, and online shopping platforms. Under Chung Yong-jin's guidance, the group has expanded its reach and solidified its position as a major player in the South Korean retail industry.

Chung Yong-jin: Major Achievements

Chung Yong-jin's contributions to the business world have earned him recognition and accolades. He is credited with transforming Shinsegae Group into a modern and innovative retail powerhouse. His leadership has been instrumental in driving the company's growth, expanding its global presence, and enhancing its customer experience.

Chung Yong-jin: Awards & Achievements

Chung Yong-jin's accomplishments have been widely recognized through numerous awards and honors.

He has been acknowledged for his exceptional leadership, business acumen, and contributions to the South Korean economy. These accolades serve as a testament to his remarkable achievements and the impact he has made in the business world.

Chung Yong-jin: Personal Life & Legacy

Beyond his professional endeavors, Chung Yong-jin is known for his active engagement with the public through social media. He utilizes these platforms to communicate openly and transparently, fostering a sense of connection with his audience. This approach has helped shape his personal brand and establish him as a relatable and approachable figure.

Chung Yong-jin: Trivia

Chung Yong-jin's educational background includes graduating from Kyungbock High School and obtaining a Bachelor of Arts in Economics from Brown University. These academic achievements have provided him with a strong foundation for his successful business career.

Wealth History

Timeline

1995

Chung Yong-jin married Go Hyun-jung.

1998

Chung Yong-jin and Go Hyun-jung had their first child, Jung Hae-chan.

2000

Chung Yong-jin and Go Hyun-jung had their second child, Jung Hae-in.

2003

Chung Yong-jin and Go Hyun-jung divorced.

2011

Chung Yong-jin announced his marriage to Han Ji-hee.

Chung Yong-jin : FAQs

What is Chung Yong-jin's current net worth?

Chung Yong-jin's current net worth is $1.98 billion.

What is Chung Yong-jin's current global rank among billionaires?

Chung Yong-jin holds the 2038th position globally among billionaires.

What is Chung Yong-jin's current ranking within the South Korea?

Chung Yong-jin holds the 25th position in South Korea.

What was the change in Chung Yong-jin's net worth compared to the previous year?

Chung Yong-jin's net worth increased by 403.33 million dollars compared to the previous year 2025, when his net worth was 1.58 billion dollars.

What is the recent change in Chung Yong-jin's net worth?

Chung Yong-jin's net worth increased by 51.52 million dollars recently, a 2.6% increase, with his net worth standing at 1.98 billion dollars.

What are Chung Yong-jin's main sources of wealth?

Chung Yong-jin's main source of income comes from Retail.

In which industry does Chung Yong-jin primarily operate?

Chung Yong-jin is primarily involved in the Fashion & Retail industry.

What is Chung Yong-jin educational background?

Chung Yong-jin holds a Bachelor of Arts/Science from Brown University.

How old is Chung Yong-jin?

Chung Yong-jin is 57 years old.

How many children does Chung Yong-jin have?

Chung Yong-jin has 4 children.

Who is Chung Yong-jin and what is his role in Shinsegae Group?

Chung Yong-jin is a South Korean billionaire businessman, serving as the vice chairman and former CEO of Shinsegae Group.

Can you detail Chung Yong-jin's family background related to the Samsung and Shinsegae groups?

Chung Yong-jin is the only son of Lee Myung-hee, the chairwoman of Shinsegae Group, and the grandson of Samsung founder Lee Byung-chul. He is also the cousin of Samsung Group chairman Lee Jae-yong and CJ Group chairman Lee Jay-hyun.

What is known about Chung Yong-jin's personal life, including his marriages and children?

Chung Yong-jin was married to Go Hyun-jung in 1995 and had two children. He divorced in 2003 and gained custody of both children. In 2011, he announced his marriage to Han Ji-hee. Yong-jin is also known for his open communication with the public via social media.

What are the educational qualifications of Chung Yong-jin?

Chung Yong-jin graduated from Kyungbock High School and holds a Bachelor of Arts in Economics from Brown University.

How is Chung Yong-jin related to the founding family of Samsung?

Chung Yong-jin is the grandson of Lee Byung-chul, the founder of Samsung, establishing a direct familial connection to the founding family of Samsung.