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Benzinga

Business

Ananya Gairola

Samsung Chairman Jay Y Lee's Family Plans To Offload $1.2 Billion In Shares To Pay Massive $8 Billion Inheritance Tax

Jay Y Lee Samsung SSNLF Lee Kunhee

Ho,Chi,Minh,City,,Vietnam,-,June,4,,2023:,White

Samsung Electronics Co. Ltd. (OTC:SSNLF) Chairman Jay Y Lee's mother and sisters plan to sell $1.2 billion worth of shares to cover a massive inheritance tax bill.

Family Plans Major Share Sale To Cover Tax And Loan Payments

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Panama rocked by 2 powerful earthquakes and multiple aftershocks, prompting evacuations

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