Seung Yong Chung is a Korean-American businessman and marketing executive best known publicly as the ex-husband of actress Diane Farr — and, more importantly in his own right, as the co-founder and longtime CEO of Cashmere Agency, the Los Angeles multicultural marketing firm behind campaigns for some of the world’s biggest brands. Born in Seoul in 1970 and raised in the Washington, D.C. area from age two, he built a two-decade career in entertainment marketing that one profile credits with reshaping how brands speak to diverse audiences. His reported Seung Yong Chung net worth of roughly $20 million comes entirely from attributed estimates — no audited figure exists. This profile covers his documented career and life, and labels every claim honestly.
Quick Profile
| Fact | Detail |
|---|---|
| Full name | Seung Yong Chung |
| Born | 1970 — Seoul, South Korea (exact date not public) |
| Age | 56 (in 2026) |
| Nationality | Korean-American |
| Education | Virginia Tech (B.S. Finance); George Washington University (M.S. Information Systems) |
| Occupation | Marketing executive, businessman |
| Known for | Co-founder & CEO of Cashmere Agency; ex-husband of Diane Farr |
| Married | Diane Farr (2006–2020) |
| Children | Three: Beckett Mancuso Chung, Sawyer Lucia Chung, Coco Trinity Chung |
| Seung Yong Chung net worth | ~$20 million (attributed estimates; no verified figure) |
Table of Contents
- Seung Yong Chung Net Worth
- Bio, Age & Early Life
- Seung Yong Chung Career
- Seung Yong Chung Income Sources
- Family & Personal Life
- Conclusion
- Frequently Asked Questions
Seung Yong Chung Net Worth
No audited or independently verified Seung Yong Chung net worth figure exists. The number in circulation comes from entertainment biography profiles that estimate his fortune from his executive career — and it should be read as an attributed estimate, not a documented number.
| Estimate Source | Figure Printed | Basis Shown |
|---|---|---|
| BollywoodShaadis (2026) | $19.8–20.3 million | Attributed; no methodology shown |
| CelebsWeeks | ~$20 million | Attributed; no methodology shown |
| All other outlets | — | No figure printed |
The defensible reading: roughly $20 million is the figure the profiles agree on, built on two decades as CEO and co-founder of a successful agency — but no financial disclosure, share filing, or audited statement backs it. This profile treats it as an attributed estimate and says so. Seung Yong Chung’s net worth has no verified answer in any public record.
Bio, Age & Early Life
Seung Yong Chung was born in 1970 in Seoul, South Korea, and moved to the United States with his family in 1972, when he was two years old. He turned 56 sometime in 2026 — his exact birth date is not public, so this article uses the reported birth year rather than inventing a birthday.
An Immigrant Childhood
The family settled in the Washington, D.C. area. His father, Young Ja Chung, ran Intraco Korea, an import-export company based in Seoul, and his mother, Tae Wha, worked as a nurse at George Washington University Hospital in Washington, D.C. — biographical details reported consistently across the profiles. He attended Gaithersburg High School in Maryland before college.
Education
His academic record is one of the best-documented parts of his biography: a Bachelor of Science in Finance from Virginia Tech’s Pamplin College of Business (one profile dates the degree to 1992; another describes his undergraduate years without a year), followed by a Master of Science in Information Systems from George Washington University (reported as 1993 by one profile, 1995 by another). The degrees themselves are consistent across sources; the graduation years vary by profile and are reported here as each source prints them.
Seung Yong Chung Career
Seung Yong Chung’s career has two phases: a technical early career and the marketing leadership that made his name.
| Year / Period | Milestone (reported) |
|---|---|
| Early 1990s | Software-company roles; positions at NextLinx Corporation and Ernst & Young LLP (reported by one profile) |
| Feb 2003 | Co-founds Cashmere Agency in Los Angeles with Ted Chung (no relation) |
| 2003–2024 | CEO of Cashmere Agency — roughly 21 years at the helm |
| 2019 | Agency wins AdAge’s Multicultural Agency of the Year (reported) |
| Dec 2024 | Departs Cashmere Agency (reported by the most recent profile, 2026) |
Building Cashmere Agency
Cashmere Agency specialized in culturally relevant campaigns for major entertainment, sports, and consumer brands — profiles cite clients including Netflix, Disney, Adidas, and Apple. Under Chung’s leadership, the agency collected industry recognition including AdAge’s Multicultural Agency Award and, in 2019, Multicultural Agency of the Year, plus Cannes Lions Creative Awards mentions across the profiles. The agency’s niche — authentic marketing to diverse and multicultural audiences — became its calling card in a competitive Los Angeles market.
After Cashmere
In December 2024, after nearly 22 years, he left Cashmere Agency. The most recent profile (2026) states that it remains unknown where he has been working since — an honest gap in the record, since Chung keeps a low public profile outside his executive role.
Seung Yong Chung Income Sources
No income amount for Seung Yong Chung has ever been publicly verified. The streams below are what his documented career supports — the structure, not the dollars.
| Stream | What Is Known | Verified Amount? |
|---|---|---|
| CEO compensation (Cashmere Agency) | ~21 years as co-founder and CEO of a successful agency | No — private company terms |
| Equity/co-founder stake | Co-founded the agency in 2003 | No — ownership terms not public |
| Prior executive roles | Software firms, NextLinx, Ernst & Young (reported) | No — private |
The honest caveat: executive compensation at a privately held marketing agency is not public. The $20 million estimate presumably prices two decades of leadership at a firm with blue-chip clients, but without any disclosure, Seung Yong Chung’s income and net worth remain educated guesses by biography profiles, not facts. More executive fortunes with the guesses labeled are tracked at Net Worth Worlds.
Family & Personal Life
Marriage to Diane Farr
Chung’s most publicly documented personal chapter is his 14-year marriage to actress Diane Farr, best known for Numb3rs and Rescue Me. They met in the early 2000s at a mutual friend’s engagement party in Los Angeles and reconnected a year later at that couple’s wedding in Mexico. Farr has spoken publicly about the early strain of their interracial relationship — her recollections of his parents’ concerns about Korean traditions are part of the public record of the marriage.
Chung proposed on October 29, 2005, and they married on June 26, 2006, at Rainbow Tarns Lodge in Mammoth Lakes, California, in a ceremony that included five Buddhist monks, honoring his Korean heritage.
Children
The couple had three children: a son, Beckett Mancuso Chung, born March 16, 2007, and twin daughters, Sawyer Lucia Chung and Coco Trinity Chung, born in late August 2008 (profiles print either August 27 or August 28 — a one-day conflict this article notes rather than resolving). Farr confirmed the couple’s divorce in December 2020; the reason remains unknown, and both have described co-parenting as a priority.
A Common Mix-Up, Corrected
One point of confusion deserves a direct correction: Seung Yong Chung is not the husband of fashion designer Vera Wang. Wang was married to investor Arthur P. Becker from 1989 until their 2012 separation — a fact documented on her Wikipedia page. Chung’s public marriage is to Diane Farr. Any page linking Chung to Wang has the wrong person.
Conclusion
Seung Yong Chung is 56 years old — born in Seoul in 1970, raised near Washington, D.C. — and his documented career is a genuine two-decade executive story: Virginia Tech and George Washington degrees, an early technical career, and 21 years as co-founder and CEO of Cashmere Agency, an AdAge-recognized multicultural marketing firm he left in December 2024. His Seung Yong Chung net worth of roughly $20 million is an attributed profile estimate with no verified basis, and his income streams are real but private. Married to Diane Farr from 2006 to 2020 with three children, he remains a private figure outside the public facts of his career.
Frequently Asked Questions
Who is Seung Yong Chung?
He is a Korean-American businessman and marketing executive, best known as the co-founder and longtime CEO of Los Angeles-based Cashmere Agency and as the ex-husband of actress Diane Farr.
What is Seung Yong Chung’s net worth?
No verified figure exists. Biography profiles estimate roughly $19.8–20.3 million based on his executive career, but none shows any methodology — it is an attributed estimate, not a documented number.
How old is Seung Yong Chung?
He was born in 1970 in Seoul, South Korea, which makes him 56 in 2026. His exact birth date is not public.
Was Seung Yong Chung married to Vera Wang?
No. He was married to actress Diane Farr from 2006 to 2020. Vera Wang’s husband was investor Arthur P. Becker. Pages linking Chung to Wang are confusing two different people.
What is Cashmere Agency?
A Los Angeles multicultural marketing agency Chung co-founded with Ted Chung in February 2003. It created culturally relevant campaigns for major brands including Netflix, Disney, Adidas, and Apple, and won AdAge’s Multicultural Agency of the Year in 2019. Chung left the agency in December 2024.
Sources: BollywoodShaadis (https://www.bollywoodshaadis.com/amp-articles/diane-farr-and-seung-yong-chung-82778), Timely Magazine (https://timelymagazine.co.uk/seung-yong-chung/), Vera Wang — Wikipedia (https://en.wikipedia.org/wiki/Vera_Wang). Career details labeled as reported within the article.
