Lee Kun-hee, the ailing chief of the sprawling Samsung empire, has died at the age of 78. He has long been South Korea’s richest man since at least 2007.
The second-generation heir of South Korea’s largest conglomerate has been in a coma following a heart attack in 2014.
Lee grew Samsung since the death of his founder father, Lee Byung-chull, in 1987. Lee Kun-hee’s only son, Jay Y. Lee, has been the de-facto head of Samsung, and has mired in a controversial scandal that has rocked Korea since late 2016.
Lee Kun-hee is most famous for his 1993 meeting when he told his employees to “change everything but your wife and kids.”
As of today, Lee Kun-hee’s net worth was estimated at $20 billion.
Source: Forbes – Business