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...
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...
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...
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...
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...
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...
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Mirea Asset tapping Choi, Rhie as CEOs
They will co-head Korea’s top asset management company
Mirae Asset Global Investments, South Korea’s foremost asset management company, announced on Nov. 23 that it had...
