South Korean billionaire Jay Y. Lee gets $1.9 billion Samsung shares gift from mother

Billionaires Africa | 14.10.2026 08:09
South Korean billionaire Jay Y. Lee, the executive chairman of Samsung Electronics, will receive about 2.6 trillion won ($1.94 billion) worth of shares in the South Korean chipmaker as a gift from his mother, Hong Ra-hee, according to a regulatory filing.