Chung Ju-yung or Jung Joo-young (25 November 1915 – 21 March 2001) was a South Korean entrepreneur and the founder of Hyundai Group, the second chaebol in South Korea.
Early life
Chung Ju-yung was born into an impoverished family on the 25th of November 1915, in Tongchon County, Korea, Empire of Japan (now Kangwon Province, North Korea).[1]
Chung graduated from Songjun Primary School in March 1931. He then attended his grandfather's Confucian school while working at his parent's farm. In 1933, at the age of 18, he left for Seoul to find work, and became a stevedore at Jinsen Harbor (Incheon, currently in South Korea). He also worked as a construction laborer in the construction of Korea University, and was a starch syrup factory worker for a year.[1]
Chung began working for Bokheung Rice Store, first as a delivery man, and then a book-keeper.