Samsung heirs top Korea s stock-rich list
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After Samsung Group Chairman Lee Kun-hee (C) died in October, his son Lee Jae-yong (L, second row) became the richest South Korean businessman in terms of stock wealth, followed by Lee Kun-hee’s wife, second from left in the second row, and his two daughters on his flank. Photo courtesy of Samsung Group
SEOUL, May 6 (UPI) Heirs of Samsung Chairman Lee Kun-hee topped South Korea s most stock-rich people list thanks to the massive wealth they inherited after Lee died last year, according to the Korea CXO Institute.
The Seoul-based business tracker said Samsung Electronics Vice Chairman Lee Jae-yong became South Korea s richest business person in terms of stock wealth, with values reaching $8.5 billion as of the end of April.