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Cho Jung-ho

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Cho Jung-ho
조정호
Born (1958-10-05) October 5, 1958 (age 66)
Incheon, South Korea
Education
OccupationChairman of Meritz Financial Group
FatherCho Choong-hoon
Korean name
Hangul
조정호
Hanja
趙正鎬[1]
Revised RomanizationJo Jeongho
McCune–ReischauerCho Chŏngho

Cho Jung-ho (Korean조정호; born October 5, 1958[2]) is a South Korean businessman and chairman of Meritz Financial Group.[2] He is among the richest people in South Korea, with Forbes giving his net worth in December 2024 as US$6.8 billion and ranking him the fourth richest person in the country.[3]

Biography

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Cho was born on October 5, 1958, in Incheon, South Korea as the fourth and youngest son of magnate Cho Choong-hoon, founder of the conglomerate Hanjin.[2][4] He attended high school in Boston, United States and graduated with a bachelor's degree in economics from the University of Southern California. He received a Master of Business Administration degree from the International Institute for Management Development in Switzerland.[2]

He worked at Korean Air as a manager in its European headquarters, then moved to Hanil Securities (한일증권). In 1989, he became a director at Hanjin Investment & Securities.[3] In 2005, he broke the company off of Hanjin and renamed it Meritz, and became its chairman.[5][2] The company reportedly rapidly grew thereafter.[5]

He has announced that he had no intention of passing the company onto his children.[4]

References

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  1. ^ 조정호(趙正鎬), CHO JUNG HO. ChosunMedia. Retrieved 2024-12-18.
  2. ^ a b c d e 정, 희경 (2024-02-27). "[Who Is ?] 조정호 메리츠금융지주 회장". 비즈니스포스트 (in Korean). Retrieved 2024-12-18.
  3. ^ a b "Cho Jung-ho". Forbes. Retrieved 2024-12-18.
  4. ^ a b "Meritz emerges fast to take on South Korea's big financial companies". The Korea Economic Daily. 2023-05-02. Retrieved 2024-12-18.
  5. ^ a b "Meritz flourishes on Chairman Cho's meritocracy-based management". The Korea Times. 2022-10-06. Retrieved 2024-12-18.