Jay Y. Lee

About Jay Y. Lee

Who is it?: Vice Chairman, Samsung Electronics
Birth Day: June 23, 1968
Birth Place: Seoul, South Korea, South Korea
Birth Sign: Cancer
Alma mater: Seoul National University Keio University Harvard Business School
Occupation: Vice Chairman of Samsung
Spouse(s): Im Se-ryung 임세령 (in Korean) (m. 1997–2009)
Children: Lee Ji-ho (이지호, son) Lee Won-ju (이원주, daughter)
Parent(s): Lee Kun-hee Hong Ra-hee
Hangul: 이재용
Hanja: 李在鎔
Revised Romanization: I Jaeyong
McCune–Reischauer: Yi Chaeyong

Jay Y. Lee Net Worth

Jay Y. Lee was bornon June 23, 1968 in Seoul, South Korea, South Korea, is Vice Chairman, Samsung Electronics. In August 2017 Jay Y. Lee was sentenced to five years in prison on bribery and embezzlement charges; he denies the charges and is appealing. The heir of the Samsung empire is accused of paying around $38 million to a confidante of former President Park Geun-hye to help secure a merger
Jay Y. Lee is a member of Technology

💰 Net worth: $6.9 Billion (Updated at 22 June 2018)

2010 $1.9 Billion
2011 $2.4 Billion
2012 $3.6 Billion
2013 $4.1 Billion
2014 $4.5 Billion
2015 $7.6 Billion
2016 $6.5 Billion
2017 $6 Billion
2018 $7.68 Billion

Some Jay Y. Lee images

Biography/Timeline

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. In December 2009, however, his succession prospects revived when Lee became the Chief Operating Officer of Samsung Electronics. 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.

2009

He has one son and one daughter with his ex-wife Lim Se-ryung, whom he divorced in 2009. Lee enjoys golf and horseback riding.

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.

2017

Subsequent to his arrest, Samsung admitted to making contributions to two non-profit 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.” On February 28, 2017, the Wall Street Journal reported that "South Korean prosecutors said they would indict the Samsung conglomerate’s de facto leader Lee Jae-yong on charges of bribery and four other offenses." It was reported on August 7, 2017, that prosecutors demanded a twelve-year sentence for Lee. On August 25th, Lee Jae-yong was sentenced to 5 years in jail. He will now be in prison pending a trial in the appellate court.

2018

In February 2018, Jay Y. Lee was freed from jail after a South Korean court suspended his five year jail term for bribing ex-president, Park Geun-hye.