Name:

Jay Y. Lee

Date of Birth:

23rd June 1969

Country of Birth:

South Korea

Country of Residence:

South Korea

Source of Wealth:

Samsung

Marrital Status:

Divorced

Children:

2

Jay Y. Lee Net Worth USD: $6,270,000,000 - $6,930,000,000

2020 Mean Estimate USD:

$6,600,000,000

Jay Y. Lee Biography

Lee Jae-yong (Jay Y Lee is his westernized name) was born in Seoul, the only son and eldest child of Lee Kun-hee, the chairman of Samsung. He studied East Asian history, gaining a Bachelor of Arts at Seoul National University and a Masters from Keio University before attending Harvard Business School for five years to attain a Doctor of Business Administration degree. Unfortunately he was unable to graduate as he was called back to Seoul and to his family business.

He began working at Samsung in 1991 as Vice President of Strategic Planning, moving up and across to become the Chief Operating Officer of Samsung Electronics in 2009, and then in 2012 became the Vice Chairman of Samsung.

Like his father, he was tainted by the whiff of corruption, being charged and jailed for bribery, though his role as a passive observer meant he was released after a year and is appealing his conviction.