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Samsung chairman Lee Kun-hee dies at 78

Samsung Electronics has announced the death of its chairman, Lee Kun-hee. The company says he died on October 25th with family including his son, vice-chairman Lee Jae-yong, at his side. A cause of death was not given, but Lee had been incapacitated for many years after suffering a heart attack in 2014, causing him to withdraw from public life. He became the richest man in South Korea, with the Samsung group contributing around a fifth of the country’s GDP. While Lee Jae-yong has long been groomed to become chairman, he’s had legal issues of his own since his father’s incapacitation, spending almost a year in jail for his role in the corruption scandal that brought down former South Korean president Park Geun-hye.

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