The Samsung Succession That Shook South Korea

Samsung is often called the Republic of Samsung—it generates about 20 percent of South Korea's GDP. But behind the global electronics giant lies a family saga of power, betrayal, and a succession crisis that landed the heir in prison. In this episode, we drill into the transition from second-generation chairman Lee Kun-hee to his son Jay Y. Lee. We dissect the controversial 2015 merger of Samsung C&T and Cheil Industries that consolidated Jay's control, the corruption scandal that followed, and how the family managed to keep the conglomerate intact despite a presidential impeachment and a bribery conviction. Along the way, we explore what makes the Lee family's governance model unique—a mix of chaebol tradition, cross-shareholding webs, and an almost feudal sense of loyalty. If you think family businesses are just about hand-me-downs, Samsung will change your mind. #Samsung #LeeFamily #SuccessionPlanning #Chaebol #SouthKorea #FamilyBusiness #CorporateGovernance #LeeKunHee #JayYLee #SamsungCandT #CheilIndustries #MergerScandal #BriberyConviction #GenerationalTransition #Business #FexingoBusiness #BusinessPodcast #FamilyBusinessStories Keep every episode free: buymeacoffee.com/fexingo