Lee Kun-Hee

Lee Kun-Hee

[table border=”0″]Net Worth, $12.6 Billion,,,
Source of Wealth, Business magnate,,,
Nationality, Korean,,,
Age, 71,,,[/table]

Lee Kun Hee is the chairman of Samsung Electronics, the largest information technology company in the world. The third son of Samsung founder, Lee Byung-Chul, Lee Kun Hee is generally cited as the driving force behind the reinvention of the Samsung brand as a high-end, high-quality electronics manufacturer. He has risen to his place on the List of Billionaires through his Samsung success and is now the richest man in South Korea.

Often quoted on the subject of successful business practices, during the restructuring of Samsung in the 1990s, he famously said, “Change everything except for your wife and kids.”

He is generally felt to be responsible for Samsung’s international popularity. The company itself is often cited as a driving force behind the sudden rise of South Korea’s economy, known as “The Miracle on the Han River.” Through the Samsung Group’s numerous divisions, including shipbuilding, engineering, construction and even insurance and theme parks, Samsung’s annual revenue is equal to almost one-fifth of the total gross domestic product of South Korea.

Lee Kun Hee's success at Samsung launched them into international popularity. His successes at this notable company put him on the list of billionaires at the Business Rich.

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