Korean Entrepreneurs, Biography, Cho Yang-rai, Hyosung, Born in 1943

Cho Yang-rai was born in 1943 in South Korea.

He is best known for his founding of the Korean conglomerate, Hyosung, in 1966.

He began his career as a textile manufacturer and went on to become the chairman of the company.

His vision of creating a diversified business empire led to the growth of Hyosung into one of the largest conglomerates in South Korea.

Cho Yang-rai was also the first Korean to be inducted into the Forbes global business leaders list in 2000.

He was awarded the Order of Civil Merit for his contribution to the South Korean economy in 2008.

In 2009, he was awarded the South Korean government’s highest civilian honor, the Order of Merit for National Foundation.

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