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The chaebol played a key role in developing new industries, markets, and export production, helping make South Korea one of the Four Asian Tigers. Although South Korea's major industrial programs did not begin until the early 1960s, the origins of the country's entrepreneurial elite were found in the political economy of the 1950s.
Asan. Chung Ju-yung or Jung Joo-young (Korean : 정주영; 25 November 1915 – 21 March 2001), was a South Korean entrepreneur and the founder of Hyundai Groups, one of the largest chaebols in South Korea. Raised as the eldest son of a poor Korean farmer, he became the richest man in South Korea. Chung was an integral part of the rapid ...
Shin Kyuk-ho (Korean: 신격호; 3 November 1921 – 19 January 2020), known in Japan as Shigemitsu Takeo (重光 武雄), [2] was a Zainichi Korean businessman known for being the founder of the South Korean-Japanese conglomerate Lotte Corporation (Group), now one of the largest chaebols in South Korea.
Lee Byung-chul. Lee Byung-chul (Korean: 이병철; 12 February 1910 – 19 November 1987 [2]) was a South Korean businessman who founded the Samsung Group, the country's largest chaebol (conglomerate). Lee founded Samsung in 1938, at the age of 28. [3] He is recognized as the most successful businessman in South Korea's history.
Lotte Corporation is a South Korean multinational conglomerate corporation, and the fifth-largest chaebol in South Korea. [1] Lotte was founded on June 28, 1948, by Korean businessman Shin Kyuk-ho in Tokyo. Shin expanded Lotte to his ancestral country, South Korea, with the establishment of Lotte Confectionery in Seoul on April 3, 1967.
SK Inc. Website. www.sk.com /en /. SK Group (Korean: SK그룹; 에스케이그룹) is a South Korean multinational manufacturing and services conglomerate headquartered in Seoul. A chaebol (Korean family-owned conglomerate), SK Group is second largest such conglomerate by revenue in South Korea, after Samsung Group.
The Hyundai Motor Group (HMG; IPA: [ˈhjəːndɛ]; [2] stylized as HYUNDAI) is a South Korean chaebol (loosely similar to a multinational conglomerate but without a central holding company or ownership structure) [3][4] headquartered in Seoul, South Korea. The HMG also refers to the group of affiliated companies interconnected by complex ...
LG Corporation (or LG Group), [b] formerly known as Lucky-Goldstar, [c] is a South Korean multinational conglomerate founded by Koo In-hwoi and managed by successive generations of his family. It is the fourth-largest chaebol (family-run conglomerate) in South Korea. Its headquarters are in the LG Twin Towers building in Yeouido-dong ...