The chairman of Samsung Electronics, Lee Kim-Hee, sadly passed away over the weekend, and he has left behind an eyewatering inheritance.
Here's what we know so far...
He was seventy-eight-years-old.
via: GettyThe driving force behind Samsung sadly died on October 25th after a 6-year stint in the hospital.
But he has left behind a legacy like no other.
via: GettyKun Hee, from South Korea, went on to grow his father's business, Samsung, into one of the largest, most influential tech companies on the planet.
Tech fans far and wide have been quick to share their messages of condolence...
@CNN Rest in peace.The whole world is proud of your uncommon, unrivaled and unprecedented company"Samsung"The numbe… https://t.co/4XpIYFIixt— Ahmed Yusuf Ubangari (@Ahmed Yusuf Ubangari)1603688739.0
@nytimes He built a great company ..🙏🙏🙏— Adcfbp51 (@Adcfbp51)1603591191.0
@TheBelaaz Young. May his memory be a blessing.— 🇺🇸🌟GiGi🌟🇺🇸 (@🇺🇸🌟GiGi🌟🇺🇸)1603590571.0
I mourn the passing of Lee Kun-hee, whose audacious vision made Samsung the world’s largest maker of DRAMs, smartph… https://t.co/AU0bK8Yew2— Prasenjit K. Basu (@Prasenjit K. Basu)1603628091.0
@business RIPLee Kun-hee. You will be remembered as a giant of strategic thinking— Fred du Plessis 🇪🇺🇿🇦🇬🇧🇦🇪🌍 (@Fred du Plessis 🇪🇺🇿🇦🇬🇧🇦🇪🌍)1603648321.0
May you rest in peace Lee Kun-Hee. Thank you for your devotion as the group chairman of Samsung.❤️ Died at 78. https://t.co/3b5yW27Gmd— JakiViii (@JakiViii)1603606373.0
@AP Wow. Really sad, thank you for all you did. Rest in peace Sir. And may innovation continue at Samsung ✊🏾— The NIGERIAN. (@The NIGERIAN.)1603616190.0
@AP His was an amazing success story.— Martin Wiseman (@Martin Wiseman)1603592534.0
@SamMobiles The best leader and company manager— kayan 🇸🇦💚 (@kayan 🇸🇦💚)1603663200.0
@soheefication Rest in peace , let the innovation rise even more for the future 🙏— Editor XV (@Editor XV)1603624250.0
His journey started in 1987.
via: GettyWhen his father, Lee Byung-Chull, passed away, Kun Hee was appointed as chairman of Samsung which, at the time, focused on the sale of dried fish, noodles, and fruit.
For quite some time, Kun Hee had already been serving as the quiet understudy of his father...
via: GettyWho had ultimately decided against making his 2 older sons his successors.
But, after his father's sudden death...
via: GettyKun Hee was appointed as chairman. For the first couple of years, he left most of the management to existing corporate staff but, in 1993, he launched a dramatic revolution.
His vision was to grow Samsung into a global tech powerhouse.
via: GettyAt the time, the company - which had shifted its focus onto technology and electronics in the last few years - was popular across South Korea, but Kun Hee wanted to take it to an international level.
He famously called on each employee “to change everything but your family."
via: GettyIn the next few years, Kun Hee would order many radical reforms - under the “new management" concept, Samsung insisted that subordinates point out errors to their bosses, stressed the quality of products over the quantity, promoted women to the ranks of senior executives, and discouraged bureaucratic practices.
In the late 1990s, Kun Hee guided Samsung safely through the devastating Asian financial crisis...
via: GettyAnd, at the start of the 21st century, it was one of the largest conglomerates in the world.
As a result of Kun Hee's ambitious vision and sterling leadership...
via: GettySamsung quickly grew into the tech powerhouse we all know and love today.
However, Kun Hee hasn't been without his controversies.
via: GettyIn 2008, however, he was indicted on charges of breach of trust and tax evasion, and shortly thereafter he resigned as the chairman of Samsung. In July that year, he was convicted of tax evasion and was subsequently fined $80 million.
After being pardoned by the South Korean government, Kun Hee returned as Samsung's chairman in 2010...
via: GettyBut in 2014, he suffered a serious heart attack, ultimately leaving him incapacitated.
For the last 6 years, it was believed that Kun Hee was in a coma...
via: GettyThough other sources claim he was simply "bed-ridden."
His passing was announced by Samsung yesterday.
via: GettyIn a statement, the tech giant said: "It is with great sadness that we announce the passing of Kun-hee Lee, chairman of Samsung Electronics. Chairman Lee passed away on October 25 with his family, including vice-chairman Jay Y Lee, by his side...his legacy will be everlasting."
He is survived by his wife Hong Ra-hee, son Lee Jae-Yong, and his 2 daughters, Lee Boo-jin and Lee Seo-hyun.
via: GettyAccording to reports in Forbes, Kun Hee was the richest man in South Korea, with an eye-watering fortune worth $20 billion. It is believed that this inheritance will be left to his surviving family, though this is yet to be confirmed.
We are yet to hear an official cause of death.
via: GettyRest in peace, Lee Kun Hee. To read more about the lives lost this year, keep scrolling...