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Chaebol

This is where you can find news about chaebol owners and their family members.

Youngest Cho comes back to management to make a stir Only a day after Hanjin Group confirmed the return of Cho Hyun-min, an heiress of the conglomerate, to management positions, requests for her resignation sprang up across the board. On June...
Prosecutors keep raiding Samsung units Employees tend to envy CEOs who can hire and fire them. Along the same line, CEOs in Korea envy tycoons who rule family-controlled conglomerates despite small direct shareholding. Instead of shareholders, tycoons appoint and sack CEOs...
Top court will rule on Lee Jae-yong next month, at earliest Originally, many expected that the Supreme Court will make a decision on Samsung Vice Chairman Lee Jae-yong, the de-facto chief of Korea’s top conglomerate, this month. But the top court...
Former Korean Air executive questioned due to car accident A member of Hanjin Group tycoon family grabs the headlines once again after being questioned by police this week. This time around, however, it is not about serious charges. Cho Hyun-min, former...
Hotel Shilla chief likely to be questioned in 2nd half The police are not likely to summon Hotel Shilla CEO Lee Boo-jin in the first half of this year regarding suspicions that she took an addictive drug for non-medical purposes...
41-year-old chairman officially becomes LG king Every May, the Fair Trade Commission (FTC) confirms the existing heads of chaebol, or designates new ones in order to define responsibilities under the relevant law. Chaebol are Korea’s unique business conglomerates where founding...
Lotte chief meets US President Seven months ago, Lotte Group Chairman Shin Dong-bin was in a prison cell less than 7 square meters in size in a detention center near Seoul awaiting the results of an appeal after being found...
Propofol investigations continue for 2 months Police raided a cosmetic clinic in southern Seoul early this week to investigate the suspicion that it administered an addictive drug of propofol in 2016 to Hotel Shilla CEO Lee Boo-jin. Seoul Metropolitan Police Agency...
Sisters compete for group stewardship In June 1998, Daesang Group heiress Lim Se-ryung married Samsung Group heir-apparent Lee Jae-yong, the only son of Samsung Chairman Lee Kun-hee. In other words, she tied the knot with the young businessman who would lead...
Chairman Lee has been hospitalized for 5 years May 10 marks five years since the hospitalization of Samsung Electronics Chairman Lee Kun-hee, who has been ensconced in Samsung Seoul Hospital. On that date, Lee collapsed following a heart attack at his...

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