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

Korea's richest man leaves great legacy The following is an announcement from Samsung Electronics about the passing of Samsung Group Chairman Lee Kun-hee. He died on Oct. 25 after being hospitalized for six years. During his leadership over the past 30 years,...
Hotel Shilla sees profit jump 63.7% Hotel Shilla CEO Lee Boo-jin is grabbing headlines once again but this time around it is good news with the company chalking up its best quarterly performance in the first three months of the...
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...
Chairman Lee hae-wook facing prosecution Daelim Industrial Group Chairman Lee Hae-wook seems to be having a rough first year as head of the construction conglomerate headquartered in Seoul. Korea’s anti-trust watchdog said earlier this month that it was fining Daelim Industrial...
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...
Samsung heiress investigated for suspected drug use It took a full year for the police to summon Hotel Shilla CEO Lee Boo-jin to look into the suspicions that she took an addictive drug for non-medical purposes a few years ago. 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...
Chaebol owners worry about chief prosecutor nominee Earlier this week, South Korean President Moon Jae-in tapped Yoon Seok-youl to lead the country’s prosecution, thus causing mixed response from rival parties. Opposition parties seem to be unhappy with the reformist prosecutor, who...
NPS flexes muscle in shareholders' meetings After Hanjin Chairman Cho Yang-ho was ousted from the board of the group’s top affiliate Korean Air, watchers come up with analysis on who is the next victim of the National Pension Service (NPS). The...
Hanwha Group Chairman Kim Seung-youn served out his probation this February, after which he was widely expected to return to managing the conglomerate himself. It is still believed that the 68-year-old will do so because he is healthy and his...

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Hyundai-to-invest-$10.5-billion-in-US

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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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