Billionaire Profile
Euisun Chung
Global Rank
#572

Image: The White House | Public domain | via Wikimedia Commons

Euisun Chung

CEO, Hyundai
SOUTH KOREA
Real-Time Net Worth
$6.899B
Estimated based on Hyundai stock value as of March 6, 2026
+0.04% (24h)
Age
55
Source
Hyundai
Industry
Automotive
Citizenship
SOUTH KOREA

Biography

Euisun Chung, born in 1970, is the Executive Chairman and CEO of Hyundai Motor Group. As the only son of Hyundai Motor Group's honorary chairman Chung Mong-koo, he has been a key figure in the automotive industry. His career includes leadership roles at Kia Motors and Hyundai Motor Company, where he played a crucial role in strengthening their competitiveness. His innovative strategies have transformed Hyundai Motor Group into a leading global mobility solutions enterprise. As of February 2, 2026, his net worth is estimated at $6.7 billion, reflecting his significant contributions to the company's success. Chung's leadership has been recognized with awards, including the Issigonis Trophy from Autocar magazine in 2021.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Euisun Chung was born on October 18, 1970, in South Korea. He is the grandson of Hyundai Motor Group's founder Chung Ju-yung. Chung graduated from Whimoon High School and earned a bachelor's degree in business administration from Korea University in 1993. He furthered his education with an MBA from the University of San Francisco in 1997.

Rise to Success

Chung's career in the automotive industry spans over two decades. He worked at Hyundai Precision Industries and Itochu Corporation before joining Hyundai's auto parts affiliate, Hyundai Mobis, in 1994. He has held various leadership positions within Hyundai Motor Group, including President of Kia Motors Corporation (2005-2009), Vice Chairman of Hyundai Motor Company (2009-2018), and Executive Vice Chairman of Hyundai Motor Group (2018-2020). He was appointed as the Chairman of Hyundai Motor Group in October 2020, succeeding his father, Chung Mong-koo.

Key Business Strategies

Euisun Chung has focused on transforming Hyundai Motor Group into a globally competitive mobility solutions enterprise. His strategies include broadening investments in future mobility technologies, eco-friendly vehicles (electric and fuel cell), autonomous and connected cars. Chung spearheaded the launch of the Genesis luxury brand and Hyundai's high-performance N sub-brand. He also championed design-oriented management, fostering creativity and innovation. He is also dedicated to creating a sustainable and human-centered future via advanced mobility solutions, such as urban air mobility, purpose-built vehicles, and robotics.

Philanthropy

As President of World Archery Asia and Korea Archery Association, Chung has dedicated his resources to archery and other sports. He has been actively supporting scientific methodologies in training and performance via advanced technology.

Career Milestones

2020

Chairman

Appointed Chairman of Hyundai Motor Group.

2005-2009

President

President of Kia Motors Corporation.

2021

Issigonis Trophy

Awarded the Issigonis Trophy by Autocar magazine.

2023

Honorary Commander of the Order of the British Empire

Awarded Honorary Commander of the Order of the British Empire.

Philanthropy & Social Impact

Sports

World Archery Asia and Korea Archery Association

Unknown

Supports the growth of archery and other sports.

Business Philosophy & Leadership

Leadership Principles

Customer-Centric Approach

Emphasizes that the customer should be at the center of all activities.

Innovation and Challenge

Believes in creating a new future through creativity and endless challenges.

Communication and Autonomy

Emphasizes the importance of communication and autonomy for corporate culture.

Controversies & Challenges

2006

Embezzlement and Slash Funds

Chung's father was imprisoned for creating slash funds and embezzlement, and was also convicted of selling securities to his son at below-market prices. The prosecution investigated Euisun Chung but suspended the indictment.

2018-2019

Elliott Management Challenge

Chung and his father were challenged by U.S. hedge fund Elliott Management, which spent more than $1 billion to gobble up Hyundai shares.