Li Jianxis death leaves the head of Samsung and the problem of equity inheritance unresolved

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 Li Jianxis death leaves the head of Samsung and the problem of equity inheritance unresolved


Korea Business Research Institute Chaebul.com Lee is a symbol of South Koreas glorious rise and how South Korea embraces globalization, and his death will be remembered by many Koreans, said Chung sun sup, chief executive

Lee is the second-generation leader of the South Korean family business group, and his death may leave the group with a thorny third-generation succession problem.

Lee was sentenced to prison for a bribery scandal that triggered the impeachment of then President Park Geun hye by the South Korean parliament. At present, he is facing a retrial of the case. In addition, starting this week, he is on trial for another allegation that he committed accounting fraud and stock price manipulation.

Samsung Group said that when Li Jianxi passed away, his family, including his son and vice president of Samsung Electronics, was with him.

President Li Jianxi is a real visionary who has transformed Samsung from a local company into a leading global innovator and industrial giant, Samsung said in a statement. The new management initiative he announced in 1993 is the driving force behind the companys delivery of the best technology to help advance the vision of a global society. With Li Jianxis efforts, Samsung Electronics has grown from a second-line TV manufacturer to the worlds largest technology company in terms of operating revenue. In chips, TVs and displays, Samsung Electronics beat Japanese brands Sony, sharp and Panasonic. In addition, Samsung Electronics ended Nokias dominance and beat apple in smartphones. His legacy will last forever, Samsung said Research institutions Chaebul.com Of immediate public concern is how Lees direct stake in Samsung Electronics, about 5%, will be distributed to his family, said Chung sunsup, chief executive (Tianmen Mountain) the successor of Li Jianxi will pay nearly 60 billion inheritance tax_ NT1941

President Li Jianxi is a real visionary who has transformed Samsung from a local company into a leading global innovator and industrial giant, Samsung said in a statement. The new management initiative he announced in 1993 is the driving force behind the companys delivery of the best technology to help advance the vision of a global society.

With Li Jianxis efforts, Samsung Electronics has grown from a second-line TV manufacturer to the worlds largest technology company in terms of operating revenue. In chips, TVs and displays, Samsung Electronics beat Japanese brands Sony, sharp and Panasonic. In addition, Samsung Electronics ended Nokias dominance and beat apple in smartphones.

His legacy will last forever, Samsung said

Li Jianxis heirs will pay nearly 60 billion inheritance tax