South Korea2h ago
Samsung family's $45B comeback in 1 year
Samsung's Lee family made a $45 billion financial comeback in one year.
Sources
1 verified
Location
South Korea
Updated
Wednesday, 29 April 2026 at 01:40 UTC
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When Samsung patriarch Lee Kun-hee died in 2020, the family faced a massive inheritance tax and Jay Y. Lee's imprisonment for bribery. Despite these setbacks, the Lee family orchestrated a remarkable $45 billion financial comeback in just one year, according to Bloomberg. The recovery was driven by surging Samsung Electronics profits and strategic asset sales, restoring their control over the conglomerate.
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