Cho Yang-rai

Hankook Tire Co. Ltd.
$924.46M
as of 02/24/21

About Cho Yang-rai

Cho Yang-rai chairs Hankook Tire Worldwide, whose affiliate, Hankook Tire, is the world's 7th-biggest tire manufacturer.

It has broken into the high-end market by supplying Mercedes-Benz since 2013 and BMW's new 7-series sedans in 2016.

In October 2017, Hankook Tire opened its first U.S. manufacturing plant, in Tennessee.

The new plant is expected to bring 1,800 jobs to the state.

Personal stats

Citizenship

South Korea

Source of wealth

tire manufacturing

Residence

Seoul, South Korea

Marital status

Married

Birth date

10/19/37 (age 86)

Number of children

4

Education

Bachelor of Arts/Science, University of Alabama

Self-made

inherited and growing

Cho Yang-rai’s fortune is worth

15K

troy ounces of gold

14K

median U.S. household

9K

median U.S. income

0.018%

U.S. credit card volume

0.004%

GDP of the United States

0.003%

United States debt

Net worth history

Annual ranking

Did you know?

His older brother Cho Seok-rae, who chaired industrial conglomerate Hyosung, was sentenced to three years in prison for tax evasion and accounting fraud.

Net worth over time

Real-time ranking

Financial assets

KOREA | 161390-KR

Hankook Tire Co. Ltd.

KOREA | 000240-KR

Hankook Tire Worldwide Co. Ltd.

KOREA | 004800-KR

Hyosung Corp.

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