Richest BusinessRichest Billionaires
Net Worth:
$1.2 Billion
Date of Birth:
Sep 19, 1968 (55 years old)
Place of Birth:
Seoul, South Korea
Vice Chairman and CEO of Shinsegae Group
💰 Compare Chung Yong-Jin's Net Worth

What is Chung Yong-Jin's Net Worth?

Chung Yong-Jin is a South-Korean businessman who has a net worth of $1.2 billion. Chung Yong-Jin has acquired most of his net worth from Shinsegae, a South Korean department store franchise. According to recent reports, Yong-Jin has resigned from Shinsegae following investigations of the labor ministry regarding rumors that the group illegally monitored employees to prevent them from joining the union. But the group excludes the above as a reason for Yong-Jin's resignation.

Aside from the latest happenings, Chung Yong-Jin keeps his stakes in Shinsegae and Samsung Electronics. Today considered the largest department store in the world, Shinsegae has its flagship store set in Centum City, Busan. The name of the company literally means "new world" and it is hailed as South Korea's first ever credit card company. In its very beginnings, Shinsegae was a part of the Samsung Group.

All net worths are calculated using data drawn from public sources. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. We welcome all corrections and feedback using the button below.
Did we make a mistake?
Submit a correction suggestion and help us fix it!
Submit a Correction