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THE INVESTOR
April 09, 2020
Big Reunion

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YOU SEARCHED FOR “Kang Byung-joong”

Kang Byung-joong

NET WORTH Updated Weekly

US$241M ▼ $193K
Kang Byung-joong
  • BIRTH

    07/25/1939

  • CORPORATION

    Nexen Tire

  • POSITION

    Chairman (Founder) / Chairman of

  • EDUCATION

    Dong-A University Law, Bachelor
    Masan High School

LISTED STOCK WEALTH

US$236M ▼ $193K

UNLISTED STOCK WEALTH

$5M

Nexen L&C

BIOGRAPHY

Kang was born in 1939 in Masan, South Gyeongsang Province. He went to Masan High School and studied law at Dong-A University, earning his own tuition as his family went through financial difficulties.
He started as a used car import dealer and built up a transportation company. In 1942, however, he changed the course of his business, purchasing a tire manufacturing factory and setting up a tire company named Heung-A.
The company changed its name to Nexen and grew into a major tire maker with an annual sales of 1.84 trillion won ($1.58 billion, 2015).
He married Kim Yang-ja in 1966 and their only son Ho-chan is being groomed to take over the control of the company, currently serving as president.

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