When power shifts at the top of some of the world's biggest companies, most people don't notice. If products perform, services work and store shelves are full, then who sits in the boardroom doesn't make headlines. But when it comes to Samsung, the family dynasty behind it is so complicated – and the company so crucial to the South Korean economy – that it's front-page news. And so it was in 2017 when the Samsung heir-in-waiting, Lee Jae-yong - who is also known as JY Lee - was jailed for his part in a corruption scandal that also brought down the country's president. The 57-year-old is the grandson of Samsung's founder. Geoffrey Cain, author of the book Samsung Rising, described him as "one of the most powerful people in the history of technology". But in 2015, with his father – Samsung's chairman – in hospital following a heart attack, Lee's succession was not secure. He'd been accused of giving money to foundations run by Choi Soon-sil – a close friend and confidant of South Korea's former President Park Geun-hye – in return for political support for a merger that would strengthen his grip on the conglomerate. He was also accused of using stock and accounting fraud in that merge
Apr 29, 2026 → May 4, 2026
The family behind the South Korean corporate giant Samsung has completed its payment of a 12 trillion won (£6bn; $8bn) inheritance tax bill, the largest such settlement in the country's history. Chairman Lee Jae-yong and other members of…
Read original at BBC →2 updates from 1 source over 4 days.
The family behind the South Korean corporate giant Samsung has completed its payment of a 12 trillion won (£6bn; $8bn) inheritance tax bill, the largest such settlement in the country's history. Chairman Lee Jae-yong…
Read original at BBC →When power shifts at the top of some of the world's biggest companies, most people don't notice. If products perform, services work and store shelves are full, then who sits in the boardroom doesn't make headlines. But…
Read original at BBC →What this story stands on. Tier 0 is a primary record or the subject's own words; higher tiers must be attributed, never stated as bare fact.
The family behind the South Korean corporate giant Samsung has completed its payment of a 12 trillion won (£6bn; $8bn) inheritance tax bill, the largest such settlement in the country's history. Chairman Lee Jae-yong and other members of…
View source →When power shifts at the top of some of the world's biggest companies, most people don't notice. If products perform, services work and store shelves are full, then who sits in the boardroom doesn't make headlines. But when it comes to…
View source →Tier key: T0 = Primary source · T1 = Wire · T2 = Outlet report · T3 = Commentary
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