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Samsung heirs donating trove of art, including Picassos, Dalís, to help clear inheritance tax bill

 Apr 29, 2021, 10:59 AM facebook email Samsung Chairman Lee Kun-hee left his heirs a fortune of almost $21 billion after he died in October last year of a heart attack. Jung Yeon-je/AFP/Getty Images Samsung s Lee Family has found a way to pare down their massive $10.78 billion inheritance tax bill. The Lees are unloading a treasure trove of 23,000 art pieces, including Picassos and Dalis. The art, worth some $1.8 billion, will be donated to South Korean national museums. The family of late Samsung Electronics chairman Lee Kun Hee is donating a treasure trove of around 23,000 art pieces to South Korean museums, to shave a healthy sum off the massive tax bill they need to pay off within five years.

The family that owns Samsung is donating a treasure trove of art, including Picassos and Dalís, in an attempt to cut their massive inheritance tax bill

The family that owns Samsung is donating a treasure trove of art, including Picassos and Dalís, in an attempt to cut their massive inheritance tax bill
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