Samsung Chairman Jay Y Lee's family to sell $1.22 billion shares: Here’s why
Samsung chairman Jay Y Lee's mother and two sisters are selling shares worth $1.22 billion to cover inheritance tax payments, estimated at 12 trillion won. This sale comes as Samsung Electronics' stock approaches 100,000 won, following a significant rally driven by deals with Tesla and OpenAI.
Samsung chairman Jay Y Lee's mother and two sisters are selling shares worth $1.22 billion to cover inheritance tax payments, estimated at 12 trillion won. This sale comes as Samsung Electronics' stock approaches 100,000 won, following a significant rally driven by deals with Tesla and OpenAI.
