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The Life Of South Korea’s Richest Woman Is No Short Of A Okay-Drama

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This is strictly the way you’d think about the South Korean elites to be.

Hong Ra Hee is the sixth richest particular person and the wealthiest girl in South Korea in 2022. According to Forbes, her present internet value is a whopping $4.6 Billion USD. The 77-year-old is also called essentially the most highly effective artwork collector within the nation. Her life to date has been nothing however the typical chaebol story you would possibly see on Okay-Dramas.

Hong Ra Hee | The Korea Herald

In 1945, Hong Ra Hee was born in an influential household in Jeonju when Korea was nonetheless beneath Japanese rule. Her father, Hong Jin Ki was a Chinilpa, a time period that’s nonetheless used to discuss with Koreans who collaborated with Imperial Japan whereas the nation was colonized. Hong Jin Ki studied legislation and rose to energy beneath Japanese rule. In 1943, he turned a choose on the Jeonju District Court. Soon after Korea was liberated, the Special Committee for Prosecution of Anti-National Offenders was set as much as purge these Korean nationals in energy who supported Japan throughout colonial rule. But because of the political scheme of the primary Korean president Syngman Rhee, who got here into energy with the assist of the pro-Japanese Koreans, Hong averted dealing with any penalties and continued to rise in energy.

Hong Jin Ki | cafe.daum.internet

He ultimately turned the Justice Deputy Minister in 1954, then the Minister of Justice in 1958, and at last, the Home Office Minister in 1960. But he was indicted on fees of ordering safety forces to shoot harmless protesters in the course of the civil rebellion of April 19, 1960. The navy authorities additionally indicted him for rigging the 4th presidential election, and he was sentenced to dying, which then acquired lowered o life imprisonment.

After a couple of years of the Revolution Tribunal, he was launched on a particular amnesty after it was proved that he didn’t order the shootings. In 1968, Hong Jin Ki was appointed JoonAng Ilbo’s president and have become its chairman in 1980. From 1980 to 1984, when he died, he performed an important function in turning JoongAng Ilbo into one of many main newspapers within the nation.

JoongAng Ilbo headquarters | Wikipedia

Hong Ra Hee is the second of the 5 youngsters of Hong Jin Ki. She attended Seoul National University and majored in utilized arts. In 1967, she married Lee Kun Hee, son of Lee Byung Chul, the founding father of Samsung Group. Lee Kun Hee later turned the chairman of Samsung. From 1975 to 1980, Hong labored at JoongAng Ilbo Publications. In 1995, she was appointed because the museum artwork director at Ho-am Art Museum, owned by her father-in-law Lee Byung Chul. But essentially the most vital a part of her profession began in 2004 when she began the Leeum, Samsung Museum of Art along with her husband. Hong used her data and eye for artwork to construct Leeum into one of the crucial distinguished names on this planet of artwork collectors.

Lee Kun Hee | Forbes

But in 2008, she needed to step down from her place after Lee Kung Ho was embroiled in tax evasion fees that led to a three-year suspended jail time period. In 2008, Lee stepped down from the chairmanship of Samsung Group however returned because the chairman of Samsung Electronics in 2010. The following 12 months, Hong additionally returned to her place because the director of Leeum. She resigned from the function in 2017 after her son, Samsung Electronics vice chairman Lee Jae Yong, was embroiled in a bribery scandal involving President Park Geun Hye.

The foyer of the Leeum Museum | The Korea Herald

When Lee Kun Hee died in 2020, he was the wealthiest man in South Korea, with an estimated internet value of $20 Billion USD. After the switch of his property in 2021, Hong acquired 83 million shares of Samsung Electronics Co., changing into the biggest shareholder with a 2.3% stake. Hong’s internet value shot up o $7.4 billion USD, making her the wealthiest girl within the nation. On the Forbes “Korea’s 50 Richest” checklist, the second and third richest ladies are Lee Boo Jin and Lee Soo Hyun, daughters of Hong, with internet worths estimated at $3.9 billion USD and $3.6 billion USD, respectively.





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