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 KoreaSource of wealth
tire manufacturingResidence
Seoul, South KoreaMarital status
MarriedBirth date
10/19/37 (age 86)Number of children
4Education
Bachelor of Arts/Science, University of AlabamaSelf-made
inherited and growingCho 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.Images © Forbes.com. All rights reserved.