Latest Lee Kun-hee news

When was Samsung founded? A quick look at the company’s rich history

Samsung is one of the biggest tech companies in the world, but this wasn't always the case, and it wasn't a tech company back when it was founded.

By Mihai Matei
4 years ago

Samsung heirs will pay the highest inheritance tax in the nation’s history

Samsung chairman Lee Kun-hee passed away on October 25 at the age of 78, and the late chairman left behind a fortune in stocks and assets worth billions of dollars. Today, December 22, the exact value of Lee's shares was calculated and came to 22.1 trillion won ($19.9 billion) according to The Korea Herald citing […]

By Mihai Matei
4 years ago

Lee Jae-Yong to be absent from his retrial due to father’s funeral

Samsung heir Lee Jae-Yong won't be able to attend his retrial as he will be at his father Lee Kun-hee's funeral. He had asked the Seoul High Court to allow his absence from the retrial after his father's death yesterday. Contrary to its customary practice, the appellate court had asked Lee to appear in the […]

By Asif Iqbal Shaik
4 years ago

Samsung chairman Lee Kun-hee’s $21 billion wealth could attract record-high inheritance taxes

Samsung chairman Lee Kun-hee passed away yesterday at the age of 78, leaving behind KRW 23 trillion (around $21 billion) in wealth. Lee Kun-hee is survived by his wife Hong Ra-hee, his only son Lee Jae-yong, and two daughters: Lee Boo-jin and Lee Seo-hyun. He was the richest person in South Korea, and his personal wealth […]

By Asif Iqbal Shaik
4 years ago

Samsung chairman Lee Kun-hee, who made it a global icon, dies

Samsung today announced that its chairman Lee Kun-hee passed away at the age of 78. He was instrumental in making the company the global icon that it is today. Lee Kun-hee had a vision for Samsung that was executed brilliantly over two decades to elevate the company to the status that it enjoys today. The […]

By Adnan Farooqui
4 years ago

Samsung Chairman Lee Kun-hee suspected of evading $7.5 million in taxes

Earlier this week, Samsung Electronics Vice Chairman Lee Jae-yong was released from jail after the Seoul High Court reduced and suspended his sentence by a lower court. He was arrested on charges of bribery and corruption and was sentenced to five years in prison by a Seoul court last year. Even before the news of Lee […]

By Naresh
7 years ago

Lee Jae-yong will likely be notified as the Samsung Group Head in April 2018

Samsung Chairman Lee Kun-hee is the head of the conglomerate in name only. He suffered a heart attack in May 2014 and has been under medical care ever since. His son, Vice Chairman Lee Jae-yong, has been running the conglomerate since then. However, he has never been formally designated as the Samsung Group Head. That […]

By Adnan Farooqui
7 years ago

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