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{{Short description|South Korean businesswoman (born 1943)}}
{{for|the volleyball player|Lee Meong-hee}}
{{for|the volleyball player|Lee Meong-hee}}
{{Korean name|Lee}}
{{family name hatnote|Lee||lang=Korean}}
{{Use dmy dates|date=March 2024}}
{{Infobox person
{{Infobox person
| name =
| name =
| image = File:이명희 신세계그룹 회장 Lee Myung-Hee.png
| image = 이명희 신세계그룹 회장 Lee Myung-Hee.png
| caption = Lee in 2016
| caption = Lee Myung-Hee in 2016
| birth_date = {{Birth date and age|1943|9|5|df=y}}
| birth_date = {{Birth date and age|1943|9|5|df=y}}
| birth_place = [[Uiryeong County|Uiryeong]], [[South Gyeongsang Province]]
| birth_place = [[Uiryeong County|Uiryeong]], [[South Gyeongsang Province]], South Korea
| nationality = [[South Korea]]n
| nationality =
| alma_mater = [[Ewha Womans University]]
| alma_mater = [[Ewha Womans University]]
| occupation = [[Chairman]] of [[Shinsegae Group]]
| occupation = [[Chairman]] of [[Shinsegae Group]]
| spouse = Chung Jae-eun
| spouse = Chung Jae-eun
| children = 2 including [[Chung Yong-jin]]
| children = 2, including [[Chung Yong-jin]]
| parents = [[Lee Byung-chul]]<br>Park Du-eul
| parents = [[Lee Byung-chul]]
⚫
| module = {{Infobox Korean name
| religion =
| hangul = 이명희
| networth = US$1.7 billion (October 2018)<ref name = "Forbes profile">{{Citation | type = profile | url = https://www.forbes.com/profile/lee-myung-hee/?list=korea-billionaires | title = Lee Myung-Hee | journal = [[Forbes]] | access-date = 3 November 2017}}</ref>
⚫
| hanja = 李明熙
⚫
| module = {{Infobox Korean name
⚫
| rr = I Myeonghui
| hangul = {{linktext|이|명|희}}
⚫
| hanja = {{linktext|李|明|熙}}
⚫
| rr = Lee Myeonghui
| mr = I Myŏnghŭi
| mr = I Myŏnghŭi
| child = yes}}
| child = yes}}
}}
}}
'''Lee Myung-hee''' ({{Korean|hangul=이명희}}; born 5 September 1943) is a South Korean business magnate and the chairwoman of the [[Shinsegae Group]]. She is youngest daughter of [[Lee Byung-chul]], founder of the [[Samsung Group]] and the sister of its current chairman [[Lee Kun-Hee]]. Lee became the company's chairwoman in 1997 following its separation from [[Samsung]] and is credited for growing it into the country's second-largest retailer. With an estimated net worth of $1.5 billion she is one of the wealthiest people in South Korea and was ranked 20th on [[Forbes]] 2017 list of 50 Richest Koreans.<ref name="Investor"/>
'''Lee Myung-hee''' ({{Korean|hangul=이명희}}; born 5 September 1943<ref name="Investor"/>) is a South Korean business magnate and the chairwoman of the [[Shinsegae Group]]. She is the youngest daughter of [[Lee Byung-chul]], founder of the [[Samsung Group]] and the sister of the former late chairman [[Lee Kun-Hee]]. Lee became the company's chairwoman in 1997 following its separation from [[Samsung]] and is credited for growing it into the country's second-largest retailer. With an estimated net worth of $840 million she is one of the wealthiest people in South Korea and was ranked 20th on ''[[Forbes]]'' 2017 list of 50 Richest Koreans.<ref name="Investor"/>


==Biography==
==Biography==
Lee was born in [[Uiryeong County]] to Samsung founder [[Lee Byung-chul]] and his first wife Park Du-eul as the youngest of eight children. She attended [[Ewha Girls' High School]] and then majored in art at [[Ewha Womans University]] before marrying. After ten years of being a [[homemaker]] she became a sales executive at Shinsegae Department Store in 1979 and then its Chairwoman in 1997 after the company was separated from Samsung.<ref name="Investor">{{cite web|title=Lee Myung-hee|url=http://www.theinvestor.co.kr/people_detail.php?q=Lee%20Myung-hee&mode=rich&num=16|newspaper=[[The Investor]]|accessdate=3 November 2017}}</ref>
Lee was born in [[Uiryeong County]] to Samsung founder [[Lee Byung-chul]] and his first wife Park Du-eul as the youngest of eight children. She attended [[Ewha Girls' High School]] and then majored in art at [[Ewha Womans University]] before marrying a Seoul National University and Columbia-educated engineer,<ref>{{Cite web |title=The Investor |url=http://www.theinvestor.co.kr/ |access-date=12 April 2023 |website=www.theinvestor.co.kr |language=en}}</ref> Chung Jae-eun, who served as the president of [[Samsung Electronics]] and is currently the honorary chairman of [[Shinsegae Group]].<ref>{{Cite web |date=3 June 2012 |title=Shinsegae Group honorary chairman gets Columbia University award |url=https://www.koreaherald.com/view.php?ud=20120603000237 |access-date=13 April 2023 |website=[[The Korea Herald]] |language=en}}</ref> After ten years of being a [[homemaker]], she became a sales executive at Shinsegae Department Store in 1979 and then its Chairwoman in 1997 after the company was separated from Samsung.<ref name="Investor">{{cite web|title=Lee Myung-hee|url=http://www.theinvestor.co.kr/people_detail.php?q=Lee%20Myung-hee&mode=rich&num=16|newspaper=[[The Investor]]|accessdate=3 November 2017}}</ref>

==Financial scandals==
During her time as chairwoman Lee has been fined on three separate occasions. The first was in 2006 for 350 billion won ($300 million) after she hid 800 billion wons worth of stock under different names. In 2012 by the Fair Trade Commission fined Lee 4 billion won ($3.4 million) for charging different transaction fees. Then in 2015 she was fined 70 billion won for hiding 380,000 company shares worth 80 billion won ($68 million) under different names.<ref name="Investor"/><ref>{{cite news|last1=Bae|first1=Ji-sook|title=Shinsegae chairwoman caught with borrowed-name stocks again|url=http://www.koreaherald.com/view.php?ud=20151110001123|accessdate=3 November 2017|newspaper=[[The Korea Herald]]|date=10 November 2015}}</ref>


==References==
==References==
{{reflist|30em}}
{{Reflist|30em}}

{{Authority control}}


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[[Category:20th-century businesswomen]]
[[Category:20th-century businesswomen]]
[[Category:21st-century businesswomen]]
[[Category:21st-century businesswomen]]
[[Category:Lee family (South Korea)]]

Latest revision as of 12:09, 23 December 2024

For the volleyball player, see Lee Meong-hee.
In this Korean name, the family name is Lee.

Lee Myung-hee
Lee Myung-Hee in 2016
Born (1943-09-05) 5 September 1943 (age 81)
Uiryeong, South Gyeongsang Province, South Korea
Alma materEwha Womans University
OccupationChairman of Shinsegae Group
SpouseChung Jae-eun
Children2, including Chung Yong-jin
ParentLee Byung-chul
Korean name
Hangul
이명희
Hanja
李明熙
Revised RomanizationI Myeonghui
McCune–ReischauerI Myŏnghŭi

Lee Myung-hee (Korean: 이명희; born 5 September 1943[1]) is a South Korean business magnate and the chairwoman of the Shinsegae Group. She is the youngest daughter of Lee Byung-chul, founder of the Samsung Group and the sister of the former late chairman Lee Kun-Hee. Lee became the company's chairwoman in 1997 following its separation from Samsung and is credited for growing it into the country's second-largest retailer. With an estimated net worth of $840 million she is one of the wealthiest people in South Korea and was ranked 20th on Forbes 2017 list of 50 Richest Koreans.[1]

Biography

[edit]

Lee was born in Uiryeong County to Samsung founder Lee Byung-chul and his first wife Park Du-eul as the youngest of eight children. She attended Ewha Girls' High School and then majored in art at Ewha Womans University before marrying a Seoul National University and Columbia-educated engineer,[2] Chung Jae-eun, who served as the president of Samsung Electronics and is currently the honorary chairman of Shinsegae Group.[3] After ten years of being a homemaker, she became a sales executive at Shinsegae Department Store in 1979 and then its Chairwoman in 1997 after the company was separated from Samsung.[1]

References

[edit]
  1. ^ a b c "Lee Myung-hee". The Investor. Retrieved 3 November 2017.
  2. ^ "The Investor". www.theinvestor.co.kr. Retrieved 12 April 2023.
  3. ^ "Shinsegae Group honorary chairman gets Columbia University award". The Korea Herald. 3 June 2012. Retrieved 13 April 2023.
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