Categories: Business

The richest man in South Korea: son of Samsung’s founder, with 78 years, died

The Richest Man In South Korea
Son of Samsung’s founder, died at the age of 78 years

Lee Kun Hee, Chairman of Samsung, has died at the age of 78 years. Photo: Yonhap/epa/dpa

© dpa-infocom GmbH

Lee Kun-Hee was regarded as a loner among the heads of the South Korean family conglomerates. Under his leadership, Samsung became the technology giant and the flagship company of the country.

The Board of Directors of Samsung Electronics, Lee Kun-Hee, is dead. He died Sunday in a hospital in Seoul, as the South Korean company has announced. The exact cause of death, Samsung did not provide information. Lee was 78 years old.

In may 2014, Lee was due to a heart attack to the hospital, from the corporate Mogul never should recover. In the past few years, South Korean media had speculated about his death.

Lee Kun Hee is the third son of Samsung founder Lee Byung Chull. He took over in 1987, the Board of Directors and made Samsung the world’s leading company for Smartphones, and the largest South Korean conglomerate. He was regarded as the richest South Koreans.

Since the 90s, Lee Kun Hee came repeatedly into conflict with the law. He was several times convicted of bribery, however, was always a pardon.

dpa
Matthew Velter

With 5 years of experience as an editor, Matthew has been a crucial part of eTrendy Stock since its inception. He looks after the editing of news content published on eTrendy Stock. Apart from investing his time in editing, he also provides well-researched news articles for the U.S. niche. Mathew studied at University of central Florida.

Recent Posts

CFTC Approves Spot Crypto Trading on US Exchanges

The U.S. Commodity Futures Trading Commission approved spot cryptocurrency trading on regulated futures exchanges on…

2 days ago

Mayfair Southern Expands Institutional Offering Through Strategic Global Banking Partnership

London, United Kingdom, 4th December 2025, ZEX PR WIRE— Mayfair Southern, an FCA-regulated appointed representative (AR) specialising…

2 days ago

Secure Legion Launches Public Beta of the First Metadata-Free Messaging Platform

Wyoming, USA, 4th December 2025, ZEX PR WIRE, Secure Legion has announced the public beta…

3 days ago

OpenPayd Altify Partnership Announced December 2025

OpenPayd and Altify announced a partnership on December 3, 2025, that integrates OpenPayd’s banking-as-a-service infrastructure…

3 days ago

Trump Accounts Bitcoin access off the table for kids, for now

Equity index funds only, by design The One Big Beautiful Bill Act, signed by President…

4 days ago

Vanguard Opens Crypto ETF Trading to 50 Million Clients

Vanguard Group, the second-largest asset manager globally, has changed its position on cryptocurrencies. From December…

5 days ago