page_title: Chung Ju-yung
hierarchical_section_title: Chung Ju-yung
caption_attribution_description: English: South Korean business tycoon Chung Ju-yung, founder and honorary chairman of Hyundai Group, speaks to the press at Panmunjom Freedom House, Republic of Korea, Oct. 27, 1998. Mr. Chung donated 501 head of cattle and the 50 vehicles to North Korea. Chung had given the North Koreans 500 head of cattle earlier in June 1998. Location: Panmunjom, DMZ Korea.
context_page_description: Chung Ju-yung or Jung Joo-young, was a South Korean entrepreneur, businessman and the founder of Hyundai Groups of South Korea. Raised as the eldest son of a poor Korean farmer, he eventually became one of the world's richest men. Chung's business ventures were able to successfully endure through the difficult times of the Japanese occupation of Korea and later through the Korean War of the 1950s. Chung explained his success in his statement, "Conviction creates indomitable efforts. This is the key to miracles.... Man's potential is limitless."
context_section_description: Chung Ju-yung or Jung Joo-young (November 25, 1915 – March 21, 2001), was a South Korean entrepreneur, businessman and the founder of Hyundai Groups of South Korea. Raised as the eldest son of a poor Korean farmer, he eventually became one of the world's richest men. Chung's business ventures were able to successfully endure through the difficult times of the Japanese occupation of Korea and later through the Korean War of the 1950s. Chung explained his success in his statement, "Conviction creates indomitable efforts. This is the key to (true) miracles.... Man's potential is limitless."
caption: Chung during an interview at Panmunjom in October 1998.
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