Samsung leader Lee Kun-Hee has been identified as the world’s 45th richest person. The manager of Samsung group Lee Kun-Hee seems to have reached the 45th largest person in the world after the tremendous income forecasts of the last week. The South Korean electronics giant is expected to announce higher operating revenues than Apple for the first time.
According to the news of Bloomberg, Lee’s income reached $ 18.5 billion, which represents only a 44% increase for this year. Lee has a $ 12.6 billion stake in Samsung Electronics and a considerable share in Samsung C & T and Samsung Life Insurance. Lee has been hospitalized since the heart attack he suffered in May 2014. In March 2017 he was also in position 68 on the world’s richest people list.
Samsung is the largest family business of South Korea. Samsung’s revenue has reached a record level in the past quarter, with the enormous success of smartphones, screen panels and semi-conductor fields. After last year’s Galaxy Note 7 fiasco, the company started to expand its business areas not to trust only smartphones. Lee’s only son and heir Jae-Yong (worth $ 7.2 billion) has risen to No. 199 from the 239th position on the previous Forbes richest people of the world list. However, he is being tried in a corruption case involving former South Korean President Park Geun-hye.
Jae-Yong is now the vice chairman of Samsung Electronics and has been running the company since his father was hospitalized. The father-son pair appears to be the richest first and second person in South Korea. At the beginning of the list is Bill Gates with a value of $ 89.4 billion and Amazon’s CEO Jeff Bezos is in the second place with $ 83.9 billion.