Geoffrey Cain
👤 SpeakerAppearances Over Time
Podcast Appearances
She was seen as a more capable leader.
She got the nickname the Little K.H.
Lee.
J.Y.
Lee is rich.
He's a billionaire, but he doesn't have enough money raised yet to be able to pay the inheritance tax.
If he were to start offloading his shares and selling parts of the company, he would dilute his ownership and he would end up not being in control of Samsung.
That's the core problem.
When Park Chung-hee, the original dictator of South Korea, took power...
He hated these companies.
He thought that they were a bane to the existence of this republic he was trying to build.
And the reason he thought that was because he thought that family wealth, family aristocracy is antithetical to building a modern republic.
That's what he wanted for Korea.
B.C.
Lee had this reputation for being the freewheeling, wealthy playboy of Korea.
He was the richest man in the 1950s.
When the coup d'etat happened, B.C.
Lee was in a hotel in Japan.
two government agents showed up at his hotel in Japan.
They left the note telling him to return to South Korea or else.