Lee Jae-yong

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Lee Jae-Yong (2016)

Lee Jae-yong ( kor. 이재용 , born June 23, 1968 in Washington, DC ), also known as Jay Y. Lee , is a South Korean entrepreneur and vice chairman of the board of directors ( Vice Chairman ) of Samsung . He is the only son of Lee Kun-hee , the chairman of the supervisory board of Samsung, has long been traded as his father's successor and is already considered the head of the Samsung group. He is referred to as the Prince of Samsung by the South Korean press . Lee has an estimated net worth of $ 7.9 billion and was named 35th Most Powerful Person in the World by Forbes Magazine in 2014 .

Career

Lee studied East Asian History at Seoul National University and received an MBA from Keiō University . He was also enrolled at Harvard Business School for five years to do a doctorate, but left Harvard prematurely without completing a doctorate. Lee joined Samsung in 1991, initially serving as a vice president in the company's strategy department. He then became part of the board as Chief Customer Officer , a position that was created especially for him. When his father was convicted of tax offenses, rumors first emerged that he might take over the management of the company in the future, but Choi Gee-sung eventually took over the post of chairman of the board. In December 2009 he changed positions within the group and became Chief Operating Officer at Samsung Electronics. Three years later he became vice chairman of the board of directors of Samsung Electronics. Lee is a major shareholder in Samsung's financial services company, Samsung SDS, with an 11% stake. On January 16, 2017, an arrest warrant was filed against Lee on suspicion of bribery as part of the corruption affair involving President Park Geun-hye . This was not complied with by the court, but a new application for detention in February was approved and carried out in solitary confinement. On February 27, 2017, the public prosecutor brought charges of bribery and embezzlement against Lee and four other top executives of the company, including chief strategy officer Choi Gee-sung . On August 25, 2017, he was sentenced to five years in prison. In February 2018, an appeals court reduced the sentence to two and a half years, suspended on probation.

Lee has three younger sisters, Lee Boo-jin , Lee Seo-hyun and Lee Yoon-hyung (†). He has a son and a daughter (* 2004) with his ex-wife Se-ryung, from whom he divorced in 2009. In addition to Korean , Lee speaks English and Japanese . In his spare time he plays golf and rides .

Web links

Individual evidence

  1. ↑ a b Lee Jae-yong: Samsung heir arrested for corruption - WELT. Retrieved February 18, 2017 .
  2. ↑ Arrest warrant pending for Samsung heirs. In: deutschlandfunk.de. Deutschlandfunk , January 16, 2017, accessed on January 16, 2017 .
  3. ↑ South Korea: Samsung heir arrested on suspicion of corruption . In: The time . February 17, 2017, ISSN  0044-2070 ( zeit.de [accessed February 18, 2017]).
  4. ↑ The corruption scandal hits Samsung harder and harder. Die Presse , February 28, 2017, accessed on the same day.
  5. ^ S Korean court jails Samsung heir for five years Japan Times , August 25, 2017, accessed the same day.
  6. ^ Peter Pae: South Korea's Chaebol. In: Washington Post . Bloomberg , October 5, 2018, accessed October 5, 2018 .
Note: This article places the family name before the person's first name. This is the usual order in Korean. Lee is the family name here, Jae-yong is the first name.
personal data
SURNAME Lee, Jae-yong
ALTERNATIVE NAMES 이재용 (Korean, Hangeul)
BRIEF DESCRIPTION South Korean entrepreneur
DATE OF BIRTH June 23, 1968
PLACE OF BIRTH Washington, DC