Facing $11B tax bill, Samsung heirs donate massive art trove ctpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ctpost.com Daily Mail and Mail on Sunday newspapers.
April 30, 2021 by archyde
It is known that the late Chairman Lee Kun-hee’s family reported the inheritance tax on Lee’s estate to the Yongsan Tax Office on the afternoon of the 30th. From left, Jaeyong Lee, Vice Chairman of Samsung Electronics, Boojin Lee, President of Hotel Shilla, Kunhee Lee, Chairman of Samsung Electronics, Seohyun Lee, Chairman of Samsung Welfare Foundation. Hankyung DB.
Samsung C&T(136,000 -2.86%)On the 30th, it was announced on the 30th that the bereaved family inherited the shares of the late Chairman Lee Kun-hee. Accordingly, Jaeyong Lee Samsung(81,500 -0.24%) Vice Chairman, Boo-Jin Lee Hotel Shilla(86,500 -2.37%) The three children, including the president and Lee Seo-hyun, the chairman of the Samsung Welfare Foundation, received 1.2 million 5720 weeks each. His wife, Mrs. Hong Ra-hee, inherited 1.88577 shares. This ratio is consistent with the legal inheritance ratio, where his wife, Hong, has three-ninths and three siblings are two-ninths each
Jae-yong bolsters grip on Samsung Electronics after inheritance April 30, 2021
Lee Jae-yong, the apparent heir of Samsung Group, bolstered his control of Samsung Electronics Co. with stocks inherited from his late father, an indication that the ownership structure of South Korea’s top conglomerate remains steadfast, affiliate filings showed on Friday.
Jae-yong, the vice chairman of Samsung Electronics, jacked up his stake in Samsung Life Insurance Co., to 10.44 percent from a meager 0.06 percent by inheriting half of late chief Lee Kun-hee’s stake.
Samsung Life Insurance is the largest shareholder in Samsung Electronics, the group’s crown jewel, with a 7.5 percent stake.
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Apr 28, 2021
People watch a TV screen showing a file image of the late Samsung Electronics chairman Lee Kun-Hee, center, and his daughters during a news program today at Seoul Railway Station in Seoul, South Korea. 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. (AP Photo/Ahn Young-joon)
SEOUL, South Korea (AP) Samsung’s founding family will donate tens of thousands of rare artworks, including Picassos and Dalis, to help them pay a massive inheritance tax bill following last year’s death of company chairman Lee Kun-Hee.