Cho Yang-Rai is the chair of Hankook Tire Worldwide, the world's 7th-biggest tire manufacturer. Hankook Tire has broken into the high-end market by supplying tires to Mercedes-Benz and BMW, and is now targeting ultra-high-performance cars such as Ferrari. In 2016, it opened its first U.S. plant in Tennessee. Cho inherited the business from his father, Cho Hong-Hai, who took over a ruined tire shop shortly after the end of the Korean War.
Cho Yang-Rai is a member of Manufacturing
Age, Biography and Wiki
Who is it? |
Hankook Tire |
Birth Place |
Seoul, South Korea, South Korea |
Location |
Shantou, Guangdong
China |
Coordinates |
23°23′02″N 116°25′05″E / 23.38396°N 116.41802°E / 23.38396; 116.41802Coordinates: 23°23′02″N 116°25′05″E / 23.38396°N 116.41802°E / 23.38396; 116.41802 |
Operated by |
Guangzhou Railway (Group) Corp.,
China Railway Corporation |
Line(s) |
Xiamen–Shenzhen Railway |
Preceding station China Railway High-speed Following station |
Preceding station
China Railway High-speed
Following station
Puning
towards Shenzhen North
Xiamen–Shenzhen Railway
Chaoshan
towards Xiamen North
Puning
towards Shenzhen North
Xiamen–Shenzhen Railway
Chaoshan
towards Xiamen North |
💰 Net worth: $960 Million (2024)
Cho Yang-Rai, famously referred to as Hankook Tire in South Korea, is one of the most successful businessmen in the country. With his exceptional leadership and business acumen, his net worth is projected to reach a staggering $960 million by 2024. As the founder and chairman of Hankook Tire, Cho Yang-Rai has played a pivotal role in transforming the company into a global tire manufacturing powerhouse. Under his guidance, Hankook Tire has expanded its market reach and gained recognition for its advanced technology and superior quality products. Cho Yang-Rai's monumental net worth is a testament to his immense contributions to the tire industry and his unwavering commitment to excellence.