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

Newrez Crypto Mortgage Qualification: No Liquidation Needed Starting February 2026

In a major step for home financing, Newrez, a top-five US mortgage lender, has rolled…

14 hours ago

KH Brokers and LaunchVector: A Transparent Comparison for E-Commerce Investors

Blatchington Road, England, 15th January 2025, Choosing the right partner when acquiring an e-commerce business…

1 day ago

Inside Tradomatix, Where Hedge Funds Source and Pay Quant Talent

Global financial markets continue to rely heavily on quantitative strategies, automation, and machine-driven decision-making. As…

2 days ago

Senator Cynthia Lummis Calls for Swift Action on Crypto Market Structure Bill

US Senator Cynthia Lummis from Wyoming has stepped up her push for Congress to approve…

3 days ago

Happymeta Announced as Primary Exhibition Sponsor for Hong Kong Web3 Festival 2026

We’re thrilled to announce HappyMeta as a Primary Exhibition Sponsor for the Hong Kong Web3…

3 days ago

GISEC Global Joins Abu Dhabi’s Cyber Run & Ride to Champion Community Cyber Awareness

Dubai, United Arab Emirates, 12th January 2026, ZEX PR WIRE, GISEC Global, the Middle East and…

4 days ago