Chung Se-yung

Chung Se-yung (Korean: 정세영; 6 August 1928 – 21 May 2005) was a South Korean industrialist who transformed Hyundai Motor Company into a major international automobile manufacturer.^{[2] [3]}

Chung Se-yung
정세영
Born	(1928-08-06)6 August 1928 Gangwon-do, Korea, Empire of Japan[1]
Died	21 May 2005(2005-05-21) (aged 76) Seoul, South Korea
Nationality	South Korean
Other names	"Pony Chung"
Education	Korea University; Miami University
Occupation(s)	Industrialist, Hyundai Group executive
Known for	Developing Hyundai Motor Company into a global carmaker
Spouse	Park Young-ja
Children	3 (including Chung Mong-gyu)

Early life

Chung was born in what is now North Korea during the period of Japanese colonial rule. He was the younger brother of Chung Ju-yung, the founder of the Hyundai Group.^[2] Chung graduated from Korea University in 1953 and later earned a master's degree in political science at Miami University in Oxford, Ohio.^[1][3] In 1957, he joined the Hyundai business, working initially in its construction division.^[2]

Career

In 1967, Chung and his elder brother established Hyundai Motor Company, with Chung serving as its first chief executive. The company began as a small assembler of foreign cars but launched Korea’s first domestically produced car, the Pony, in 1974.^[2] This model became widely used in South Korea and was later exported, notably to the United States, under the name Excel in 1986.^[3]

Chung chaired Hyundai Motor from 1967 until his retirement in 1996, during which the firm grew into one of the world’s largest carmakers. He also held leadership roles in the wider Hyundai Group, including as chairman from 1987 to 1996 and honorary chairman from 1996 to 1999.^[2]

In 1999, a family power struggle resulted in the removal from Hyundai Motor by his elder brother.^[2][4] Chung's son Chung Mong-gyu was ousted with him.^[3][5] This allowed Chung Mong-koo, the founder’s eldest son, to assume leadership of the company and enabled the younger son, Chung Mong-hun, to take control of the main Hyundai Group.^[2][6] However, in August 2003, while facing allegations related to covert payments to North Korea, Chung Mong-hun committed suicide.^[2][7] After his ouster, Chung Se-yung became honorary chairman and a major shareholder of HDC Hyundai Development Company. The year before he died HMC had a total revenue of US$27 billion, selling more than 3 million vehicles.^[2]

Later life and death

Chung underwent lung surgery in 2000.^[1][3] He died of pneumonia on 21 May 2005 at the Asan Medical Center in Seoul.^[3] He was survived by his wife, Park Young-ja, son Mong-gyu and two daughters.^[2]

Family

Chung family tree  view talk edit

Han Seong-sil 한성실 ? Chung Bong-sik 정봉식 ?   Yung Byun Joong-seok [ko] 변중석 1921–2007 Chung Ju-yung 정주영 1915–2001 Kim Kyung-hee 김경희 1953– Park Byeong-im 박병임 1928–2015 Chung Soon-yung [ko] 정순영 1922–2005 Park Young-ja 박영자 1936– Chung Se-yung 정세영 1928–2005 Jo Eun-ju 조은주 1936– Chung Sang-yung [ko] 정상영 1936–2021 (영) [a] Kim Wol-gye 김월계 1923–2003 Chung In-yung [ko] 정인영 1920–2006 Chung Hee-yung 정희영 1925–2015 Kim Young-joo 김영주 1920–2010 Jang Jeong-ja 장정자 1935– Chung Shin-yung 정신영 1931–62       Chung Mong-pil [ko][b] 정몽필 1934–82 Chung Chung-in (Grace) 정정인 1979– Chung Chung-im (Elizabeth) 정정임 1981– Chung Hyeong-suk 정형숙 1951–74 Chung Moon-sook 정문숙 1947– Kim Yun-su 김윤수 1946– Chung Sook-young[c] 정숙영 1960– Chung Il-kyung 정일경 1960– Chung Mong-hyuk 정몽혁 1961–   Mong Chung Mong-koo[d] 정몽구 1938– Chung Mong-woo [ko][e] 정몽우 1945–90 Chung Mong-yoon [ko][f] 정몽윤 1955– Chung Mong-guk[g] 정몽국 1953– Chung Mong-sun 정몽선 1954– Kim Geun-su 김근수 1948– Chung Mong-jin 정몽진 1960– Chung Mong-yeol 정몽열 1964– (몽) [h] Chung Mong-kun [ko][i] 정몽근 1942– Chung Mong-hun[j] 정몽헌 1948–2003 Chung Mong-il [ko][k] 정몽일 1959– Chung Mong-won[l] 정몽원 1955– Chung Mong-hoon 정몽훈 1959– Chung Chung-suk 정정숙 1962– Chung Mong-ik 정몽익 1962–     Chung Kyung-hee[m] 정경희 1944– Chung Mong-joon[n] 정몽준 1951– Chung Mong-seok 정몽석 1958– Chung Mong-yong 정몽용 1961– Chung Mong-gyu[o] 정몽규 1962– Chung Yoo-kyung 정유경 1970–           Chung Ji-yi 정지이 1977– Chung Young-yi 정영이 1984– Chung Young-seon 정영선 1985– Chung Hyeon-seon 정현선 1989– Chung Mun-yi 정문이 1991–     Chung Il-seon [ko] 정일선 1970– Chung Moon-seon 정문선 1974– Chung Dae-seon [ko][p] 정대선 1977– Chung Chung-yi 정정이 1984– Chung Kyung-seon 정경선 1986– Seon (선) Chung Ji-seon [ko] 정지선 1972– Chung Gyo-seon 정교선 1974– Chung Kisun 정기선 1982– Chung Nam-yi 정남이 1983– Chung Seon-yi 정선이 1986– Chung Ye-seon 정예선 1996– [q]     Chung Eun-hee 정은희 1971– Chung Yu-hee 정유희 1973– Chung Seong-yi[r] 정성이 1962– Chung Myeong-yi[s] 정명이 1964– Chung Yoon-yi[t] 정윤이 1968– Chung Eui-seon[u] 정의선 1970–       Seon A-yeong[v] 선아영 1987– Seon Tong-uk[w] 선동욱 1989– Sin U-jin 신우진 1993– Sin U-hyeon 신우현 2004– N/A   Chung Yu-mi 정유미 1988– Chung Yu-jin 정유진 1990– Chung Jun[x] 정준 1997– Sin U-taek 신우택 1996– Chung Jin-hui 정진희 1996– Chung Chang-cheol 정장철 1998–   view talk edit Notes In general: marriages indicated by dashed lines, female on the left. Given name terminates in -yung (영) for males and females in this generation Married to Lee Yang-ja (이양자; 1943–90) Married to Prof. Noh Kyung-soo [ko] (노경수; 1954–) Married to Lee Jung-hwa (이정화; 1939–2009) Married to Lee Haeng-ja (이행자; 1945–) Married to Kim Hye-young (김혜영; 1961–) Married to Lee Yoon-hee (이윤희; 1954–) Given name starts with Mong- (몽) for males in this generation. Female given names often start with Chung- (정), but not always. Married to Woo Kyung-sook (우경숙; 1951–) Married to Hyun Jeong-eun [ko] (현정은; 1955–) Married to Kwon Jun-hee (권준희; 1961–) Married to Hong In-hwa (홍인화; 1957–) Married to Jung Hee-young (정희영; 1940–) Married to Kim Young-myeong (김영명; 1956–) Married to Kim Na-young (김나영) Married to news anchor Noh Hyeon-jeong [ko] (노현정, 1979–) Given name terminates in -seon (선) for males in this generation. Female given names usually terminate in -yi (이), but not always. Married to Daejeon Sun Hospital chief director Seon Du-hun (선두훈, 1957–) Married to Hyundai Card vice chairman Chung Tae-yeong (정태영, 1960–) Formerly married to Samwoo vice-chairman Sin Seong-jae (신성재, 1968–) Married to Chung Do-won's daughter Chung Ji-seon (정지선, 1970–) Married to Gil Yong-wu's son Gil Seong-Jin (길성진, 1984–) Married to Chae Hyeong-seok's daughter Chae Su-yeon (채수연, 1990–) Married to professional golfer Lydia Ko (리디아 고, 1997–) Sources 김봄내 (May 15, 2015). "[재벌가족사]정주영 현대그룹 창업주" [Chaebol Family History: Chung Ju-yung, founder of Hyundai Group]. KJtimes (in Korean). 김태현 (March 23, 2015). "[단독보도] 정주영 막내딸 미국서 엄마 없이 결혼" [Exclusive: Chung Ju-yung's youngest daughter gets married without her mother in the United States]. 일요신문 (in Korean). "Family Drama". Forbes. April 26, 2011.