Chung Ju-yung

25 November 1915 – 21 March 2001

Chung Ju-yung was a South Korean industrialist who founded the Hyundai Group. Born to a farming family in what is now North Korea, he built a construction firm in post-war South Korea and expanded it into car manufacturing, shipbuilding and heavy industry. He ran for president of South Korea in 1992 and later led cattle deliveries to North Korea as part of inter-Korean exchanges.

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Life events

Born in Asan, Kangwon Province
25 November 1915

He was born the eldest of eight children in a farming village in what is now North Korea.

Source: en.wikipedia.org
Birth ✓
Left the family farm for Seoul
c. 1933

After several attempts he settled in Seoul, working as a labourer and later in a rice shop.

Source: en.wikipedia.org
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Opened an automobile repair shop in Seoul
1940

His first venture in the motor trade closed under Japanese colonial wartime controls.

Source: en.wikipedia.org
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Founded Hyundai Civil Industries, the forerunner of Hyundai Engineering and Construction
1947

The firm took on reconstruction contracts, including work for United States forces during and after the Korean War.

Source: en.wikipedia.org
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Founded Hyundai Motor Company
1967

The carmaker began by assembling Ford models before developing the Pony, Korea's first mass-produced domestic car.

Source: en.wikipedia.org
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Established a shipyard at Ulsan and founded Hyundai Heavy Industries
1972

The yard grew into one of the largest shipbuilding operations in the world.

Source: en.wikipedia.org
Achievement ✓
Led the bid committee for the 1988 Seoul Olympic Games
1981

He headed the campaign that secured the Summer Olympics for Seoul.

Source: en.wikipedia.org
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Stood as a candidate in the South Korean presidential election
1992

He founded the Unification National Party and finished third in the December 1992 election.

Source: en.wikipedia.org
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Drove herds of cattle across the border into North Korea
1998

He crossed the demilitarised zone with more than a thousand cattle in two deliveries, opening the way for the Mount Kumgang tourism project.

Source: en.wikipedia.org
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Died in Seoul
21 March 2001

He died at the age of 85 at Asan Medical Center.

Source: en.wikipedia.org
Death ✓