Tuesday, 13 October, 2026
Mother's Billion-Dollar Gift: Samsung Chairman Lee Set to Receive $1.9B Stock Transfer
By TechShots Studio
Samsung Electronics Executive Chairman Lee Jae-yong will receive 11.16 million common shares worth approximately 2.6 trillion won ($1.9 billion) as a gift from his mother, Hong Ra-hee. Scheduled for November, the share transfer will boost Lee's stake in the tech giant to 1.75%, further solidifying his corporate control while incurring an estimated gift tax of roughly 1.56 trillion won.