Saturday, November 26, 2005

Samsung Family Wealth

Yesterday's post listed South Korea's wealthiest women.

Several people have wondered how many of these women are connected to the Samsung fortune.

The richest woman is Lee Myung-hee, Shinsegae president and daughter of the late Samsung Group founder Lee Byung-chul.

The Samsung Group founder Lee Byung-chul died in 1987.

Behind her in wealth is Hong Ra-hee, wife of current Samsung Group chairman Lee Kun-hee. She is also the executive director for the Hoam Art Museum director.

Samsung Chairman Lee Kun-hee and his wife Hong Ra-hee had three daughters. (In Korea, wives do not take their husband's last name). Lee Kun-hee and his wife also has one son and heir Lee Jae Yong.

Of the daughters...
Lee Pu-jin is the eldest daughter and vice president of Shilla Hotel.

The next oldest daughter, Lee Suh-hyun is a vice president at the fashion institute of Cheil Industries.

Sadly, the youngest daughter, a student studying in NYC, recently committed suscide. Reports tell the young women's parents objected that Lee Yoon Hyung wished to marry her boyfriend--an man of common status.

For more details on the death see:

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