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Wed. 8:53 a.m.: Facing $11B tax bill, Samsung heirs donate massive art trove | News, Sports, Jobs


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. ....

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