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Chaebol

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

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...
Hotel Shilla head denies wrongdoing Hotel Shilla chief Lee Boo-jin is accused of having taken propofol, a short-acting and sedative-hypnotic agent, for non-medical purposes, according to a local news outlet. Lee instantly denied the report. Propofol induces and maintains anesthesia. Misuse...
Hanwha heir punished for drug use One of the most-read stories of last month was about Hotel Shilla CEO Lee Boo-jin, who is accused of having taken an addictive drug of propofol, which cannot be administered for recreational purposes. A former...
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...
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...
Customs agency raids HDC Shilla Hotel Shilla CEO Lee Boo-jin suffers another setback as the Korea Customs Service raided HDC Shilla Duty Free, a joint venture between the hotel operator and Hyundai Development Company (HDC). The billionaire businesswoman, also the eldest...
Raid continues longer than 8 hours The police raided a cosmetic clinic on March 23 following the news report that Hotel Shilla chief Lee Boo-jin, also Samsung Group heiress, abused an addictive drug of propofol in 2016 Police officers raided the...
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...
Forensic work is underway for a full month The police are continuing their investigation into suspicions that Hotel Shilla CEO Lee Boo-jin took an addictive drug for non-medical purposes a few years ago. The Seoul Metropolitan Police Agency said May 8...
Police expand propofol investigation The police are focusing on investigations over a surgeon and two nurses of a cosmetic clinic in Seoul as they are suspected of having administered an addictive drug to Hotel Shilla CEO Lee Boo-jin. The Seoul Metropolitan...

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