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Inheriting Samsung: a long, thorny and extremely expensive process

2020-10-28T05:26:53.115Z


The death of the patriarch Lee Kum-hee opens the way for Lee Jae-yong, his eldest son, to take over as head of the conglomerate. The family will pay 10 billion in inheritance taxes


Monday's hearing in a Seoul court on charges of fraud and stock price manipulation proceeded without its main defendant.

The vice president of Samsung Electronics, Lee Jae-yong, 52 years old and one of the most powerful men in South Korea had excused himself: he had to participate in the second day of mourning for the death of his father, Lee Kum-hee, the patriarch of the Samsung group and the country's biggest billionaire, ...

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Source: elparis

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