Lee Jae Yong Bio | Wiki
Lee Jae Yong is a well-known South Korean business magnate. He has been working as the executive chairman of Samsung Electronics since October 2022. Yong was sidelined from taking part in major Samsung business dealings after he resumed serving a prison sentence for his bribery and embezzlement convictions in January 2021. He is the son of Lee Kun-hee and Hong Ra-hee. In addition, he has a net worth of US$11 billion as of September 2021.
Lee Jae Yong Age
He was born in Yongsan, Seoul, South Korea on June 23, 1968. Yong is 55 years old and celebrates his birthday every year on June 23.
Lee Jae Yong Height
He is a man of tall stature. Yong stands at a height of 6 ft 0 in ( approx. 1.83m ).
Lee Jae Yong Family
He was born in Yongsan, Seoul, South Korea to his devoted parents. Yong holds South Korean nationality and is fluent in his native Korean, English, and Japanese. He is the son of Lee Kun-hee and Hong Ra-hee. He grew up along with Lee Boo-Jin, Lee Seo-hyun, and Lee Yoon-hyung. Yong is cousin of Shinsegae Group CEO Chung Yong-jin and CJ Group chairman Lee Jay-hyun.
Lee Jae Yong Wife
He was married to his wife Lim Se-ryung from 1998 to 2009. Se-ryung serves as the Vice Chairwoman of the Daesang group. The couple has two children a son Lee Ji-ho born in 2000 and one daughter Lee Won-joo born in 2004. Lim is currently in a relationship with Lee Jung-jae. In his free time, Yong enjoys golf and horse riding.
Lee Jae Yong Daughter
Yong has a 19-year-old daughter Lee Won-ju. Won-ju was born on March 27, 2004. She attended Yongsan International School of Seoul (YISS), and Choate Rosemary Hall. In the fall of 2022, she enrolled at Colorado College where she will go through core classes for her freshman and second year and then choose a specific major in her third year.
Lee Jae Yong Son
His son Lee Ji-ho is 23 years old born on December 14, 2000. Ji-ho is the only 4th generation male heir to the Samsung empire. However, Yong stated that “my children will not take over from me” thus officially ending the Lee family dynastic succession at the Samsung conglomerate.
Lee Jae Yong Education
He received his high school diploma from Kyungbock High School. Yong then enrolled at Seoul National University where he received his Bachelor of Arts degree in East Asian history. He had his MBA degree from Keio University. Yong spent five years at Harvard Business School in pursuit of a Doctor of Business Administration degree but did not graduate.
Lee Jae Yong House
Yong listed his house located in Itaewon, Yongsan District in Seoul for 21 billion won ($18.6 million). The price is about 6 billion won more than the official government evaluation of 15.5 billion won. The residence has two two-story buildings built on a 1,069-square-meter site.
Lee Jae Yong Samsung
In 1991, he began working at Samsung as Vice President of Strategic Planning and then as “Chief Customer Officer”, a management position that was created exclusively for him. Samsung is a South Korean multinational manufacturing conglomerate headquartered in Samsung Digital City. The firm was founded by Lee Byung-chul in 1938 as a trading company. However, his father Kun-hee stepped down as Chairman due to tax evasion diming his future company leadership.
Moreover, he then became the chief operating officer of Samsung Electronics in December 2009. Since 2012, Yong has been vice chairman of Samsung as he is the main shareholder of Samsung’s financial services subsidiary as he owns 11 percent of Samsung SDS. His leadership is “cold” determination and polite, quiet demeanor according to an article in Reuters.
Furthermore, he was jailed and charged with bribing a confidante in 2017 of the once-imprisoned former president, Park Geun-hye, but was released in 2018. He was sentenced to two-and-a-half years in prison through his trial in January 2021. In addition, he became executive chairman of Samsung Electronics after the death of his father in 2020.
Lee Jae Yong Net Worth
Yong is a well-known South Korean business magnate who took over from the family’s firm Samsung in 1991. His net worth as of 2023 is $8.8 Billion.
What Happened To Lee Jae Yong
Yong was convicted of bribery and embezzlement in 2017 but he has been granted a special presidential pardon. He was imprisoned twice for bribing a former president.
How Rich Is Lee Jae Yong
As of 2023, he has attained a net worth of $8.8 Billion as he took over his family’s firm Samsung in 1991.
Who Is Lee Jae Yong
Yong is a well-known South Korean business magnate. He has been working as the executive chairman of Samsung Electronics since October 2022. He was sidelined from taking part in major Samsung business dealings after he resumed serving a prison sentence for his bribery and embezzlement convictions in January 2021. Yong is the son of Lee Kun-hee and Hong Ra-hee. In addition, he has a net worth of US$11 billion as of September 2021.
Yong’s Social Media Account
Instagram – jaeyong3831