Hyundai motor chief donates 500 bln to charity foundation
Seoul - Yonhap
Hyundai Motor Co. Chairman Chung Mong-koo donated 500 billion won (US$462 million) of his personal assets to a charity foundation, implementing part of a donation pledge he made earlier, the company said on Sunday. The donation to the foundation set up in 2007 by Hyundai Automotive Group is the biggest-ever charitable contribution made by an individual in South Korea, according to Hyundai Motor.
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