Korean Entrepreneurs, Biography, Kim Young-chul, Hanjin Group, Born in 1938
Korean Entrepreneurs, Biography, Kim Young-chul, Hanjin Group, Born in 1938
Kim Young-chul was born in 1938 and is a South Korean entrepreneur and founder of the Hanjin Group.
In 1965, Kim Young-chul established Hanjin Shipping, the first international shipping company in South Korea.
In the 1970s and 1980s, the Hanjin Group acquired a number of other companies, including Korean Air.
Under Kim Young-chul's leadership, the Hanjin Group became one of the largest conglomerates in South Korea.
In the late 1990s and early 2000s, the Hanjin Group faced financial difficulties and Kim Young-chul resigned as chairman in 2001.
In 2003, Kim Young-chul returned as chairman of the Hanjin Group and managed to turn the company around.
Kim Young-chul has been recognized for his business acumen and was awarded the Order of Civil Merit in 2011.
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