Unification movement in debt. In 2005 Sun Myung Moon's son, Kook-jin Moon was appointed chairman of Tongil Group. Among Tongil Group's chief holdings are: The Ilwha Company, which produces ginseng and related products; Ilshin Stone, building materials; and Tongil Heavy Industries, machine parts including hardware for the South Korean military. The Tongil Group funds the Tongil Foundation which supports Unification Church projects including schools and the Little Angels Children’s Folk Ballet of Korea. News World Communications, is an international news media corporation. It was founded in New York City, in 1976, by Sun Myung Moon. Its first two newspapers, "The News World"
Sun Myung Moon Sun Myung Moon Sun Myung Moon (Korean 문선명 Mun Seon-myeong; born Mun Yong-myeong; 25 February 1920 – 3 September 2012) was a Korean religious leader, also known for his business ventures and support for political causes. A messiah claimant, he was the founder of the Unification movement (members of which considered him and his wife Hak Ja Han to be their "True Parents"), and of its widely noted "Blessing" or mass wedding ceremony, and the author of its unique theology the "Divine Principle". He was an opponent of communism and an advocate for Korean reunification, for which he was recognized