SEOUL -- Hong Ra-hee, the wife of the late Samsung Group Chairman Lee Kun-hee, boosted her fortune to more than US$7 billion after receiving billions of dollars in stocks in the much-awaited transfer of her husband’s assets.
The late Lee’s only son is worth US$12.6 billion, according to the index, while his sisters Boo-jin and Seo-hyun saw their wealth swell to US$5 billion and US$4.4 billion, respectively. The drama over succession at South Korea’s largest company has roiled the country since the late Lee, the patriarch and longtime head of Samsung Electronics, suffered a heart attack in 2014.
Stock holdings in the conglomerate’s other key affiliates, its de facto holding company Samsung C&T Corp. and Samsung SDS Co., were transferred according to the same ratio.