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Chong Kun Dang
Korea University Journalism, Doctorate
Hanyang University Business
US$275M ▼ $484K
Rhee was born in 1952 in Seoul as the eldest son of Chong Kun Dang founder Rhee Chong-kun.
He majored in business at Hanyang University and has a master’s degree in journalism from the Missouri School of Journalism, but joined the family business in 1986 through the glassmaking affiliate of the pharmaceutical group. He took the helm of the company in 1994.
The leading company posted 592.5 billion won in annual sales in 2015 and is expected to record higher sales thanks to its success in developing new drugs and winning new sales contracts.
He has three sisters and a brother, chairman of pharmaceutical company Medica Korea (formerly Dong-Il Pharmaceutical Co), Lee Duk-han.
He has one son and two daughters with wife Jung Jae-jung. All the children are shareholders of the company.