Facing $11B tax bill, Samsung heirs donate mass art trove
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FILE - In this April 22, 2008, file photo, Samsung Group former Chairman Lee Kun-hee speaks during a press conference at the Samsung Group headquarters in Seoul. Samsung’s founding family will donate tens of thousands of rare artworks, including Picassos and Dalis, and give hundreds of millions of dollars to medical research to help them pay a massive inheritance tax following last year’s death of chairman Lee Kun-Hee. (AP Photo/Ahn Young-joon, File)
SEOUL, Korea, Republic Of – Samsung’s founding family will donate tens of thousands of rare artworks, including Picassos and Dalis, and give hundreds of millions of dollars to medical research to help them pay a massive inheritance tax following last year’s death of chairman Lee Kun-Hee.