The tech company announced the death of its top leader.
2 min read
- Lee Kun-Hee took over the presidency of the South Korean company in 1987 after the death of his father, the founder of Samsung.
- The causes of death were not given.
The President of Samsung, Lee Kun-Hee, died on October 25 at the age of 78 surrounded by relatives, according to the tech company. The causes of death were not given.
In accordance with CNN, Lee was in a coma after suffering a heart attack in 2014, and while he himself remained the incumbent president, his son Lee Jae-Yong has been the de facto leader ever since.
Lee Kun-Hee took over the presidency of the South Korean company in 1987 after the death of his father, the founder of Samsung. Now his only son is expected to occupy this position, but the company has not stated this.
The businessman was considered the richest man in South Korea and was known for having an insight into the quality of his products. Likewise, he became the character that made Samsung a technological benchmark lately.
Despite the fact that Lee Kun-Hee was one of the leaders who drove his country’s growth, he was embroiled in legal troubles. He was accused of bribing politicians in the 1990s and of tax evasion in 2008. On both occasions he received presidential pardons and avoided prison.
His legacy has not been spared problems with the law, as he was convicted of corruption and bribery in 2017. It is not yet known with certainty whether it will be his son who will take over the running of the company.