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. (AP Photo)
SEOUL 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.
They will also give hundreds of millions of dollars to medical projects and research in an apparent attempt to improve their public image as they proceed with a multiyear plan to inherit both the wealth and corporate power of South Korea’s richest-ever businessman.
Facing $11B tax bill, Samsung heirs donate massive art trove
kstp.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kstp.com Daily Mail and Mail on Sunday newspapers.
Samsung heirs donate massive art trove to help clear inheritance tax bill
sthelensstar.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sthelensstar.co.uk Daily Mail and Mail on Sunday newspapers.
Samsung heirs donate massive art trove to help clear inheritance tax bill
greenocktelegraph.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from greenocktelegraph.co.uk Daily Mail and Mail on Sunday newspapers.