REAL TIME NET WORTH
$7.3B as of 9/10/18
2018 KOREA’S 50 RICHEST NET WORTH
$7.9B as of 6/6/18
In February 2018, after spending a year in jail on bribery charges, Jae Y. Lee walked free after an appeals court reduced then suspended his sentence.
The heir of the Samsung empire was accused of bribing a confidante of the now-impeached South Korean president to help secure a controversial merger.
The verdict was made partly on the grounds that Lee’s role was a matter of “passive compliance to political power” though prosecutors are appealing.
Lee became Samsung Electronics president in 2009 and was named vice chairman in 2013.
His father, Samsung’s chairman, suffered a heart attack in 2014 and remains hospitalized on the top floor of Seoul’s Samsung Medical Center.
STATS
AGE: 50
SOURCE OF WEALTH: Samsung
RESIDENCE: Seoul, South Korea
CITIZENSHIP: South Korea
MARITAL STATUS: Divorced
CHILDREN: 2
EDUCATION: Bachelor of Arts/Science, Seoul National University; Master of Business Administration, Keio University