1. Lee Jae-yong is a South Korean business executive who has served as the executive chairman of Samsung Electronics since October 2022.
18 Facts About Lee Jae-yong
1. 2.
Lee Jae-yong is the only son of Lee Kun-hee and Hong Ra-hee.
3.
Lee Jae-yong was born in Washington, DC, United States to Lee Jae-yong Kun-hee and Hong Ra-hee.
4.
Lee Jae-yong received his Bachelor of Arts degree in East Asian history from Seoul National University, and his Master of Business Administration degree from Keio University, which is a rival University of his father and grandfather's alma mater Waseda University, Tokyo.
5.
Lee Jae-yong attended Harvard Business School for about five years in pursuit of a Doctor of Business Administration degree, but did not graduate.
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Lee Jae-yong is fluent in his native Korean, English, and Japanese.
7.
Lee Jae-yong began serving as Vice President of Strategic Planning and then as "Chief Customer Officer", a management position created exclusively for Lee.
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In December 2009 his succession prospects were revived when Lee Jae-yong became the chief operating officer of Samsung Electronics.
9.
Lee Jae-yong is one of the main shareholders of Samsung's financial services subsidiary, owning 11 percent of Samsung SDS.
10.
Lee Jae-yong has been described as having "been groomed to take over the family firm".
11.
Lee Jae-yong was charged with bribing President Park Geun-hye and her close friend Choi Soon-sil.
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In February 2017, Lee Jae-yong was formally indicted, and arrested after the Seoul Central District Court issued a warrant.
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Lee Jae-yong was found guilty on each charge by a three-judge panel of Seoul Central District Court in August 2017 and was sentenced to five years in prison.
14.
Lee Jae-yong was released on parole from the Seoul Detention Center in Uiwang on August 13,2021; the South Korean government argued that the release was in the national interest.
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Lee Jae-yong is known to reply personally to e-mails, and assumes a light-hearted attitude with reporters.
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Lee Jae-yong filed for divorce from Lee Jae-yong in 2009.
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Lee Jae-yong is the cousin of CJ Group chairman Lee Jae-yong Jay-hyun and Shinsegae Group CEO Chung Yong-jin.
18.
On October 26,2021, Lee Jae-yong was convicted for illegally using the drug propofol multiple times between 2015 and 2020 from a plastic surgery clinic.