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

Tycoon’s family members keep suffering How’s the life of Korea’s richest man, Samsung Group Chairman Lee Kun-hee? Ordinary people would envy the super-rich businessman whose total wealth amounts to more than $15 billion. From the perspective of Lee, however, his life...
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...
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...
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...
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...
Good relationship between Samsung and gov't may affect court ruling: observers The Supreme Court is expected to make a decision on Samsung Vice Chairman Lee Jae-yong, the de-facto chief of Korea’s biggest business conglomerate this month. After wrapping up hearings on...
First son fares well; two others languish Hanwha Group announced this week that Kim Dong-kwan had been promoted as the vice president of the conglomerate’s subsidiary, Hanwha Q Cells and Advanced Materials. He is the eldest son of Hanwha Group Chairman...

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Chairman Chung raises investment amount after meeting with President Biden After meeting with U.S. President Joe Biden, Hyundai Motor Chairman Chung Eui-sun announced on May...

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