The top ten chaebol families in South Korea

The top ten chaebol families in South Korea include Hyundai Enterprise Group, Samsung Enterprise Group, Daewoo Enterprise Group, LG (Lexi Venus Group)?, Sunkyung Group (SK Company), Ssangyong Group, Lotte Enterprise Group, Korea Jin Enterprise Group, Kumho Enterprise Group, and Korea Gunpowder Enterprise Group.

1. Hyundai Enterprise Group (founded in 1951): As a world-renowned automobile company, Hyundai still has a place despite the fierce competition in the global automobile industry. It can be seen from the data in 2019 that the company's annual car sales exceeded 4.4 million vehicles, ranking sixth globally, and its strength cannot be underestimated.

2. Samsung Enterprise Group (founded in 1938): As an enterprise established in the late 1930s, it has developed very rapidly due to the support of the Korean government, and has also exerted a great influence on the Korean economy and society. has far-reaching impact. Data shows that as early as 2019, the company's net profit accounted for 20% of the entire South Korean economy. This shows how important Samsung’s position is in South Korea.

3. Daewoo Enterprise Group (founded in 1967): The founder of Daewoo Group, Kim Woo-jung, was born in a scholarly family, but the Korean War put his family in trouble. In order to support his family, Kim Woo-jung started working for a living at the age of 14. And running around. When he was twenty years old, the god of luck favored him. His neighbor Jin Yongshun was the president of Seoul Industrial Co., Ltd. With the support of Jin Yongshun, he not only graduated from the Economics Department of Yonsei University College of Business and Economics, but also entered Seoul Industrial Co., Ltd. Work.

4. LG (Lexi Venus Group) (founded in 1947): It is an international company with 50 years of glorious history, annual sales of US$73 billion and 120,000 employees worldwide, leading the world's industrial development. Sexual enterprise group. LG Group currently has more than 300 overseas offices in 171 countries and regions.

5. Sunkyung Group (SK Company) (founded in 1953): South Korea's SK Group is the third largest multinational enterprise in South Korea. In 2000, it ranked 105th among the world's top 500 companies. In the field of information and communications, SK was the first in the world to commercialize CDMA mobile phones and now has more than 14 million users. This year, it obtained the operating rights of South Korea's IMT-2000.

While steadily developing traditional industries in the 21st century, SK Group will focus its core efforts on developing cutting-edge fields such as information communications, life sciences, the Internet, new materials, and alternative energy.