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Jungheung Group Founder Jung Chang-sun Dies at 84, Leaving Legacy in Construction and Philanthropy

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Jung Chang-sun, founder and chairman of Jungheung Group, passed away at 84, leaving a significant legacy in the South Korean construction industry and philanthropy. Under his leadership, Jungheung transformed into a top 20 business group, notably acquiring Daewoo Engineering & Construction in 2022, and he was committed to social responsibility, donating over $21 million to KAIST for semiconductor research. Jung's careful growth strategy and financial discipline propelled the company to become the third-largest construction group in Korea.

Jungheung Group Founder Jung Chang-sun Dies at 84, Leaving Legacy in Construction and Philanthropy
Feb 4, 2026, 6:21 AM

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