Children of the late Samsung boss to pay $ 9 billion in inheritance taxes

Lee Gong Hee’s children will have to pay huge inheritance taxes. According to some reports, the amount could be $ 9 billion for stocks alone.

The children of the late Samsung Corporation director Lee Hong-hee will pay unprecedented inheritance taxes, Yonhap news agency writes, citing their sources.

Lee Gong Hee died on Sunday, October 25. He was 78 years old. In 1987, he became the second director of Samsung after his father and founder of the company.

The South Korean industrialist left behind a great legacy: only equity assets worth around $ 15.9 billion. Forbes estimates that with a net income of $ 12.6 billion, he and his family were among the richest people on the planet.

As the newspaper notes, the heirs will have to pay around $ 9 billion in inheritance taxes on the shares alone.

Lee Gong Hee is survived by a widow, a son, and two daughters. Lee Bu Jin’s eldest daughter is the director of the Samsung Hotel Shilla, and Lee So Hyun’s daughter is in charge of the Samsung Charitable Foundation. Lee Yoon Hyun’s third daughter committed suicide in 2005.

In 2014, control of the corporation passed to his son and vice president of the group’s subsidiary, Samsung Electronics, Li Jae Young, who is considered his successor.

Before that, it became known that the children of the founder of Apple would be left without inheritance. Steve Jobs’s widow will not leave her children billions of fathers. He will spend his fortune on charity.

As previously reported, British actor Daniel Craig will leave his children without inheritance. The James Bond star believes the legacy is “unpleasant.”

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