No. 356South Korea
Cho Jung-ho
Finance · Seoul
Net worth
$10.0B
Today
+$73M+0.74%Past month
+$17M+0.17%As of Nov 11, 2026, 1:50 PM EST
Cho Jung-ho is the chairman of Meritz Financial Group. He is the youngest of the four sons of Cho Choong-hoon, the late founder of Hanjin Group, the parent company of Korean Air. He worked for Korean Airlines in Europe and returned home in 1989 as a director with Hanjin Investment & Securities, as Meritz was then named.
Net worth over time
+0.17%+$17M over the past month
$10B$10B$10B
Oct 12Nov 11
Principal holdings
2 positions| Company | Industry | Share | Value |
|---|---|---|---|
Meritz Financial Group KOREA: 138040-KR | Finance & Investments | 94.2% | $9.4B |
Private and other holdings | Finance & Investments | 5.8% | $583M |
Also known for
- Cho's father started out with a single truck and went on to build an empire based mostly on transportation.
- He has outstripped his brothers in wealth and success; Meritz's value has multiplied since it broke away from the Hanjin Group in 2005.