The founder of Hyundai was born to an impoverished family of peasants in what is now North Korea. In 1998, he sent 1001 cows to his hometown in North Korea as a repayment 1000 times over for a cow that he stole in the early 1930s to afford his train ticket to Seoul and escape from poverty.

Chung Ju-yung This is a Korean name; the family name is Chung. 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 became the richest man in […]

The founder of Hyundai was born to an impoverished family of peasants in what is now North Korea. In 1998, he sent 1001 cows to his hometown in North Korea as a repayment 1000 times over for a cow that he stole in the early 1930s to afford his train ticket to Seoul and escape from poverty. Read More »