Overview
Chung Mong-joon or Chung Mong Joon (, born November 15, 1951) is a South Korean businessman and politician. He is the sixth son of Chung Ju-yung, founder of Hyundai, the second-largest South Korean chaebol before its breakup in 2003. He remains the controlling shareholder of a Hyundai offshoot, Hyundai Heavy Industries Group, parent of the world's largest shipbuilding company. He is also the chairman of the board of the University of Ulsan and Ulsan College in Ulsan, South Korea. He is the founder and the honorary chairman of The Asan Institute for Policy Studies. He was Honorary Vice-president of FIFA and president of the South Korean football association.
Political career and personal life
Chung became a politician when he was elected as an assembly man in 1988 and served consecutive 7 terms in two different electoral districts. Initially, he was elected in Dong District, Ulsan, where the predominant share of the population consisted of employees of the Hyundai Heavy Industries Group, its affiliated companies' employees, and their families. Most of other population in Dong District run businesses related with serving those workers and their families. Chung served as a representative of this particular district for 20 years. He joined Grand National Party in 2007 shortly before 2007 South Korean presidential election, declaring his support to that party's presidential candidate Lee Myung-bak. As a member of Grand National Party, he switched his electoral district to Dongjak District, Seoul, and represented there as an assembly man for 2 terms until 2014 when he had to give up that seat to run for mayor of Seoul, but the election was lost to Park Won-soon leaving no political titles for Chung after. Grand National Party changed its name to Saenuri Party in 2012. Chung had announced his candidacy for FIFA president. However he was banned from all football activities for six years by FIFA Ethics Committee in October 2015. In 2018, the ban was reduced to 15 months by the Court of Arbitration for Sport due to "mitigating factors."
Presidential campaign of 2002
In 2002, he ran for the presidency, but later gave up his candidacy supporting Millennium Democratic Party's candidate Roh Moo-hyun. Their coalition was motivated to prevent Grand National Party from winning the presidential election. South Korean regionalism became much more serious and antagonistic under President Kim Dae-jung's term.
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