Chaebol Chaebol A chaebol (; ) is a large industrial conglomerate that is run and controlled by an owner or family in South Korea. A chaebol often consists of a large number of diversified affiliates, controlled by an owner whose power over the group often exceeds legal authority. The term is often used in a context similar to that of the English word "conglomerate". The term was derived from the Japanese. It was first used in English in 1984. There are several dozen large South Korean family-controlled corporate groups that fall under this definition. The chaebol have also played a significant
Mongolians in South Korea Mongolians in South Korea Mongolians in South Korea form the world's largest population of Mongolian citizens abroad. By 2003, there were already 20,000 Mongolians working in South Korea, making their population larger than the combined total of Mongolian Americans, Mongolians in Japan, and Mongolians in Europe. Five years later, their population had grown by 65% to an estimated 33,000 individuals, or 1.2% of the entire Mongolian population. The government of South Korea estimates that one out of every two urban households in Mongolia has a family member working in South Korea. According to South Korean government figures, 40% are residing