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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
INSIDER
2 hrs ago
[email protected] (Cheryl Teh)
© Provided by INSIDER
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. ....

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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
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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