The inheritance lawsuit involving Samsung Electronics chairman, Lee Kun-hee and his family members has come to an end. The Seoul Central District Court judge ruled that Lee Kun-hee will be able to retain more than $1 billion of stock in Samsung Electronics and Samsung Life whereas Samsung Everland, where Lee is the biggest shareholder in […]
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Samsung Chairman vows to fight inheritance lawsuits
Samsung’s chairman, Lee Kun-hee was slapped with lawsuits related to inheritance in the last couple of months. Now, Lee Kun-hee has confirmed that he’ll “not give a penny” since his late father settled this matter years ago. “The inheritance issue has already been settled by the late group founder, and everyone was given a […]
Samsung’s Lee Kun-hee is South Korea’s richest person
A report released yesterday claims that Samsung Electronics’ current chairman, Lee Kun-hee is the richest person in South Korea. Lee Kun-hee has an estimated personal wealth from listed and unlisted companies of 8.73 trillion won or 8 billion US dollars. However, he is not the only wealthy person from Samsung to be featured in […]
Samsung to reappoint Lee Kun-hee as Chairman
Lee Kun-hee who had resigned couple of years back following his fraud and ethics scandal will join the Korean conglomerate soon. Lee, 68 will join the Samsung Group as a chairman of memory chips, mobile phones and TV units (Samsung Electronics) but won’t serve on the Board of Directors. Lee Kun-hee is the son […]