Handing over the 10.47 million shares to his siblings would mean the chairman no longer would be the largest investor in Samsung Life. The family conglomerate, Samsung Group, controls more than 80 companies making armoured vehicles and artillery guns for South Korea’s military, oil tankers, amusement parks and apartment complexes. ![]() The public holdings of South Korea’s richest man are valued at US$8.6-billion, according to data compiled by Bloomberg. The elder brother wants 8.24 million of those shares and the sister wants 2.23 million shares, according to Yoon & Yang, the Seoul law firm representing them, valued at a combined US$850-million. Article contentĬhairman Lee holds 41.5 million shares, or about 21%, of Samsung Life, making him the largest shareholder, according to data compiled by Bloomberg. ![]() ![]() This advertisement has not loaded yet, but your article continues below.
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