Latest / Family Business Stories with Fexingo: Succession, Legacy, and Multi-Generational Companies
The Samsung Succession That Shook South Korea
Samsung is often called the Republic of Samsung—it generates about 20 percent of South Korea's GDP. But behind the global electronics giant lies a family saga of power, betrayal, and a succession crisis that landed the heir in prison. In this episode, we drill into the transition from second-generation chairman Lee Kun-hee to his son Jay Y. Lee. We dissect the controversial 2015 merger of Samsung C&T and Cheil Industries that consolidated Jay's control, the corruption scandal that followed, and how the family managed to keep the conglomerate intact despite a presidential impeachment…
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