Age, Biography and Wiki

Lee Jae-yong (이재용) was born on 23 June, 1969 in Yongsan, Seoul, South Korea, is a South Korean businessman (born 1968). Discover Lee Jae-yong's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 54 years old?

Popular As 이재용
Occupation Vice Chairman of Samsung
Age 54 years old
Zodiac Sign Cancer
Born 23 June, 1969
Birthday 23 June
Birthplace Yongsan, Seoul, South Korea
Nationality South Korea

We recommend you to check the complete list of Famous People born on 23 June. He is a member of famous Chairman with the age 54 years old group. He one of the Richest Chairman who was born in South Korea.

Lee Jae-yong Height, Weight & Measurements

At 54 years old, Lee Jae-yong height not available right now. We will update Lee Jae-yong's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Who Is Lee Jae-yong's Wife?

His wife is Lim Se-ryung (m. 1997-2009)

Family
Parents Lee Kun-hee Hong Ra-hee
Wife Lim Se-ryung (m. 1997-2009)
Sibling Not Available
Children 2

Lee Jae-yong Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Lee Jae-yong worth at the age of 54 years old? Lee Jae-yong’s income source is mostly from being a successful Chairman. He is from South Korea. We have estimated Lee Jae-yong's net worth, money, salary, income, and assets.

Net worth US$ 7 billion (January 2019)
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income Chairman

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Timeline

1968

Lee Jae-yong (born June 23, 1968), anglicized as Jay Y. Lee, is a South Korean business magnate and convicted felon who has been serving as the executive chairman of Samsung Electronics since October 2022.

He is the only son of Lee Kun-hee and Hong Ra-hee.

As of September 2021, Lee has an estimated net worth of US$11 billion, making him the fourth-wealthiest person in South Korea.

1991

Jae-yong started working for Samsung in 1991.

He began serving as Vice President of Strategic Planning and then as "Chief Customer Officer", a management position created exclusively for Lee.

His prospects for future company leadership dimmed when his father Kun-hee stepped down as Chairman due to tax evasion.

2000

Lee has one son Lee Ji-ho (born 2000) and one daughter Lee Won-joo (born 2004) with his ex-wife Lim Se-ryung.

Lim Se-ryung is the Vice Chairwoman of Daesang group.

2009

Lim Se-ryung filed for divorce from Lee Jae-yong in 2009.

Lee enjoys golf and horse riding.

In December 2009, however, his succession prospects were revived when Lee became the chief operating officer of Samsung Electronics.

2012

Since December 2012, he has been vice chairman of Samsung.

He is one of the main shareholders of Samsung's financial services subsidiary, owning 11 percent of Samsung SDS.

He has been described as having "been groomed to take over the family firm".

According to an article in Reuters, Lee is known for his "cold" determination and polite, quiet demeanor.

Lee is known to reply personally to e-mails, and assumes a light-hearted attitude with reporters.

In August 2021, the Korea Herald reported that Lee retained his title as Samsung's "Vice-Chairman" despite not drawing a salary or being registered as an executive in compliance with his work ban.

2014

In 2014, Lee was named the world's 35th most powerful person and the most powerful Korean by Forbes Magazine's List of The World's Most Powerful People along with his father, Lee Kun-hee.

Jae-yong was born in Seoul, South Korea to Lee Kun-hee and Hong Ra-hee.

He attended Kyungbock High School.

He received his Bachelor of Arts degree in East Asian history from Seoul National University, and his Master of Business Administration degree from Keio University, which is a rival University of his father and grandfather's alma mater Waseda University, Tokyo.

He attended Harvard Business School for about five years in pursuit of a Doctor of Business Administration degree, but did not graduate.

He is the cousin of CJ Group chairman Lee Jay-hyun and Shinsegae Group CEO Chung Yong-jin.

Lee is fluent in his native Korean, English, and Japanese.

2015

After his arrest, Samsung admitted to making contributions to two nonprofit foundations allegedly controlled by Choi and her Germany-based firm but denied such contributions were related to the 2015 merger.

A spokesman for Samsung said, "We will do our best to ensure that the truth is revealed in future court proceedings."

The case attracted the attention of the South Korean public; public opinion had turned against chaebols, whose influence on society angered many.

2017

In January 2017, special prosecutors of the South Korean prosecutor's office accused Lee of bribery, embezzlement and perjury.

Lee was questioned for more than 22 hours.

The charges came as part of a "vast influence-peddling case" that led to the impeachment of South Korean President Park Geun-hye the preceding month.

Lee was charged with bribing President Park Geun-hye and her close friend Choi Soon-sil.

An initial request for an arrest warrant was rejected by the Seoul Central District Court in mid-January 2017.

In February 2017, Lee was formally indicted, and arrested after the Seoul Central District Court issued a warrant.

Lee was charged with "offering $38 million in bribes to four entities controlled by a friend of then-President Park Geun-hye, including a company in Germany set up to support equestrian training for the daughter of one of Park’s friends, Choi Soon-sil" and "Prosecutors alleged the bribes were offered in exchange for government help with a merger that strengthened Lee’s control over Samsung at a crucial time for organizing a smooth leadership transition after his father fell ill."

Lee was found guilty on each charge by a three-judge panel of Seoul Central District Court in August 2017 and was sentenced to five years in prison.

2018

(Prosecutors has sought a 12-year sentence.) In February 2018, the Seoul High Court reduced his prison sentence to 2.5 years, and suspended his prison sentence, leading to Lee's release after one year of detention.

Subsequently, the Supreme Court of South Korea sent the case back to Seoul High Court, which held a retrial.

In January 2021, Lee was sentenced to two years and six months in prison by Seoul High Court, which found him "guilty of bribery, embezzlement and concealment of criminal proceeds" worth about 8.6 billion South Korean won (7.8 million U.S. dollars, £5.75 million British pounds), and found that Samsung's independent compliance committee, established in 2020, was not yet fully effective.

Lee was returned to prison.

In mid-2021, the United States Chamber of Commerce, a lobbying group of American companies, joined Korean business groups to urge the president to pardon Lee, arguing that the billionaire executive can help strengthen U.S. President Joe Biden's efforts to end American dependence on computer chips produced overseas amid the global chip shortage.