Zheng Zhouyong

Jeong Joo-young (Korean: Jooyoung Jeong/ Jeong Joo-young, romanized: Jeong Ju-yeong, November 25, 1915 - March 21, 2001), No. Asan (Korean: Asan/Asan), Korean entrepreneur, founder and first president of Hyundai Group, Korean National Federation of Economics The 13th-17th president (February 1977 to February 1987). In 1995, he was named one of the six Asian business giants by Time magazine. In 1999, he was selected as one of the "World-renowned Entrepreneurs" by the American Business Weekly. Chung Ju-young is known as South Korea's financial president and is known as "a giant of the times who has left his footprints at every important juncture in South Korea's modern history." There is a saying in South Korea that some people may not know who the president of South Korea is, but no one does not know who Jung Joo-young is. Zheng Zhouyong was born in a poor peasant family in North Korea. He started from scratch and ran a rice store and a car repair shop in his early years. After the liberation of Korea, he started in the automobile repair and construction industry, and later entered automobile manufacturing, shipbuilding, electronics and other fields. During Park Chung-hee's administration, the Hyundai Group he founded rapidly developed into one of South Korea's largest chaebols. In the 1980s, Hyundai Group ranked among the top 100 Fortune 500 companies. In 1997, Zheng Zhouyong's net worth was US$6 billion, making him the 10 richest man in Asia and one of the 30 richest people in the world. Zheng Juyong is the chairman of the 1988 Seoul Olympic Games Bid Promotion Committee. At a time when Seoul was extremely unfavorable both inside and outside South Korea, Chung Ju-yong led the South Korean bid team to defeat Nagoya, Japan, which everyone was optimistic about, and won the right to host the Olympic Games, making great contributions to Seoul's successful bid to host the 1988 Olympic Games. He was also a "private diplomat" and was the first South Korean entrepreneur to visit the Soviet Union, the People's Republic of China and North Korea. He played a role in promoting the establishment of diplomatic and economic and trade relations between South Korea and the Soviet Union and China, and played an important role in improving North-South relations on the Korean Peninsula. Zheng Zhouyong supports public welfare undertakings through the Asan Foundation. It is estimated that he donated more than $1 billion to charity during his career. A 1997 Forbes magazine survey ranked Chung as the third-largest philanthropist after Walter Daneberg ($1.2 billion) and George Soros ($1.1 billion).