Chung Yong-jin

Shinsegae

$1.03B

as of 10/04/24

About Chung Yong-jin

Chung Yong-jin is a grandson of Samsung group founder Lee Byung-Chull and a cousin of Samsung Electronics executive chairman Jay Y. Lee.

The bulk of his fortune comes from Samsung Electronics and E-Mart, Korea's largest discount retailer.

In March 2024, Chung was promoted from vice chair to chairman of Shinsegae, a retail conglomerate.

In 2021, Shinsegae acquired Korean baseball team SK Wyverns (now SSG Landers), winner of four championships, from the SK group for about $120 million.

Personal stats

Citizenship

South Korea

Source of wealth

Retail

Residence

Seoul, South Korea

Marital status

Married

Birth date

09/19/68 (age 56)

Number of children

Education

Bachelor of Arts/Science, Brown University

Self-made

inherited and growing

Chung Yong-jin’s fortune is worth

17K

troy ounces of gold

16K

median U.S. household

10K

median U.S. income

0.021%

U.S. credit card volume

0.004%

GDP of the United States

0.003%

United States debt

Net worth history

Annual ranking

Net worth over time

Real-time ranking

Financial assets

KOREA | 139480-KR

E-Mart Co Ltd

KOREA | 005930-KR

Samsung Electronics