Lee Seo-Hyun – Billionaire

The second daughter of Samsung Chairman Lee Kun-Hee, Lee Seo-Hyun took charge of Samsung C&T’s struggling fashion division in December 2015. She is tasked by Samsung with quintupling revenue for the business by 2020. She joined Samsung Group’s Cheil Industries as a manager in 2002, after graduating from the Parsons School of Design in New York. Her elder brother Jay Y. Lee, heir to the Samsung empire, was indicted and jailed on bribery charges in February 2017 and faces a landmark trial. He denies any wrongdoing.

Lee Seo-Hyun Net Worth: Lee Seo-Hyun is a South Korean businesswoman who has a net worth of $1.1 billion. Samsung Chairman Lee Kun-Hee’s second daughter, Lee Seo-Hyun is just another entrepreneur in her family. Shortly upon her graduation from Parsons The New School for Design, Lee Seo-Hyun joined the Samsung Foundation, eventually becoming a president of the family-held company, Samsung Everland. Prior to becoming in charge of Everland, she had the chance to serve as executive vice president at Samsung’s chemical-and-textile affiliate Cheil Industries, where she controlled its fashion unit. In 2011, Cheil bought the Italian exotic leather brand Colombo via della Spiga, which was later acquired by Everland for $990 million. Today, Lee holds an 8.4% stake in Everland, valued at around $900 million, as well as a 4.2% stake of IT services provider Samsung SDS, valued at $250 million, among other shares in various Samsung affiliates. Her older sister, Lee Boo-Jin, is a fellow billionaire and she is also a president at Everland.

Source:

1. forbes

2. celebritynetworth