Li Kun Hi has been in the hospital for six years, and his bequest is estimated to reach $ 16 billion.

Samsung Chairman Li Kun Hi has died at the age of 78, the South Korean giant said on Sunday. According to the group, Li had a family, including his son, Samsung Vice President Li Jong, who had run the company for years.

Lin played a key role in turning his father’s pulp mill into one of the largest companies in South Korea, which now dominates the insurance and construction sectors, from the electronics market to shipbuilding.

Lu Kun Hi has been in the hospital for six years since he suffered a heart attack. In announcing his death, the company wrote about him as a true visionary who created a world-class innovative company and one of the driving forces of the economy from a local business. “His legacy is eternal,” Samsung underlined in a statement.

Li leaves a large fortune to his heirs. Forbes estimates in 2017 that Li’s legacy could reach $ 16 billion.



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