⁍ Samsung Electronics developed from a second-tier TV maker to the world’s biggest technology firm by revenue.
⁍ Lee was driven by a constant sense of crisis, which he instilled in his leadership teams to drive change and fight complacency.
⁍ In 2013, Forbes named Lee as the second most powerful South Korean, ranked only behind United Nations Secretary-General Ban Ki-moon.
– Lee Kun-hee, the billionaire ” heir apparent” of South Korea’s Samsung Group, has died at the age of 78. Lee, the third son of Samsung founder Lee Byung-chull, helped transform Samsung Electronics from a struggling TV maker into the world’s biggest tech company with products including smartphones, semiconductors, and display screens. But he was also accused of corruption, including running a political slush fund and helping his children buy Samsung shares on the cheap, reports Reuters. In 2008, Lee was convicted of tax evasion and embezzlement and served a two-year prison sentence, but he was pardoned two years later. He returned to the company following a presidential pardon and was promoted to group chairman by his son, Jay Y. Lee. Lee is survived by his wife, a daughter, and three sons.
Source: https://www.reuters.com/article/uk-samsung-lee-obit/samsungs-lee-tainted-titan-who-built-a-global-tech-giant-idUSKBN27A019