Self-made founder who led Jungheung’s rise, acquired Daewoo Engineering & Construction and expanded into media, aquiring Herald Media Group

Long known as a regional builder rooted in South Korea’s southwest, Jungheung Group today ranks among the country’s top 20 business groups β€” a transformation capped by its acquisition of Daewoo Engineering & Construction and its elevation into the top tier of the nation’s construction industry.

Behind that unlikely ascent was a self-made entrepreneur, Jung Chang-sun, the group’s founder and longtime chairman, who died Monday. Born in 1943 in Gwangju, Jung never lost sight of his modest beginnings, even as his company grew into a national heavyweight.

Jung entered the construction industry at just 19, working as an

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