The bill is tied to the estate left by the firm's late chairman Lee Kun-hee, who died in October 2020.
The family dynasty behind Samsung is so complicated it regularly makes headline news in South Korea.
Chaebols are large, family-owned business conglomerates that play a significant role in South Korea’s economy. Some of the most well-known chaebols include Samsung Group, which is the largest chaebol, ...
Lee Jae-Yong, vice chairman of Samsung Electronics and the son of Samsung group chairman Lee Kun-Hee, has been groomed all his life to take over the giant conglomerate founded by his grandfather in ...
The Lee family’s wealth has surged as Samsung rides booming demand for AI memory chips and data-centre infrastructure.
Samsung Electronic Chairman Jay Y. Lee is currently under the pursuit of South Korean prosecutors. In a recent heated appeals court hearing, it was mentioned that the official is subject to serve a ...
A chaebol is a large, family-owned business conglomerate in South Korea, typically made up of many affiliated companies across different industries. The word comes from the Korean terms chae (wealth) ...
SEOUL (Reuters) - Samsung Group heir Jay Y. Lee's vow to end dynastic succession at South Korea's biggest conglomerate following three generations of family control sparked skepticism in some quarters ...
The Samsung Group family has completed payment of 12 trillion won ($8.12 million) in inheritance tax on the late Samsung chairman Lee Kun-hee's estate, valued at approximately 26 trillion won.
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