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Chung Yong-jin

( 1968 Births )

Chung Korea Korean Lee

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Chung Yong-jin (; born 19 September 1968) is a South Korean business executive who is the current chairperson of Shinsegae since March 2024.

He is among the richest people in South Korea. In April 2024, Forbes estimated his net worth as US$1.25 billion and ranked him 26th richest in the country. He is the grandson of National Assemblyman Chung Sang-hee and the grandson of Samsung Group Chairman Lee Byung-chul.

Early life and education

Chung is the only son of Lee Myung-hee, chairwoman of Shinsegae and grandson of Samsung founder Lee Byung-chul. He graduated from Kyungbock High School and gained Bachelor of Arts in Economics from Brown University.

Personal life

Chung is the cousin of Samsung chairman Lee Jae-yong and CJ Group chairman Lee Jay-hyun.

In 1995, he married Go Hyun-jung and they had two children — Jung Hae-chan in 1998 and Jung Hae-in in 2000. They divorced in 2003 and he gained custody of both children.

In 2011, it was announced that he would marry flautist Han Ji-hee, daughter of the late former VP of Korean Air Han Sang-bum.

According to The Korea Economic Daily, Chung is close to the American Donald Trump administration, especially through a connection to Donald Trump Jr.