Home / World News / Samsung's Lee Kun-hee leaves behind $21-billion wealth for inheritance

Samsung's Lee Kun-hee leaves behind $21-billion wealth for inheritance

The charismatic leader of Samsung Group and the country's richest person, grew it into South Korea's biggest conglomerate

Premium

But he and the empire he built have also been vilified by critics for wielding huge economic clout, and for opaque governance and dubious transfers of the family wealth

Agencies Seoul

3 min read Last Updated : Oct 26 2020 | 1:41 AM IST

Lee Kun-hee, South Korea’s richest person and chairman of Samsung Electronics Co, died on Sunday, leaving behind considerable assets subject to be potentially inherited by his surviving family as well as inheritance tax.

Lee Kun-hee, who built Samsung Electronics into a global powerhouse in smartphones, semiconductors and televisions, died on Sunday after spending more than six years in hospital following a heart attack, the company said.

The charismatic leader of Samsung Group and the country's richest person, grew it into South Korea’s biggest conglomerate.

But he and the empire he built have also been vilified by critics for wielding huge

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in