Chong Moon Lee: Difference between revisions
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He emigrated to the US in 1970 and ran an export business, selling golf balls to Japan.<ref name=sjm></ref> He founded Diamond Multimedia in 1982 but initially was not successful. The company lost millions and Lee suffered personal setbacks including losing a home and marriage, leading him to contemplate suicide while point a gun to his head.<ref name=sjm></ref> |
He emigrated to the US in 1970 and ran an export business, selling golf balls to Japan.<ref name=sjm></ref> He founded Diamond Multimedia in 1982 but initially was not successful. The company lost millions and Lee suffered personal setbacks including losing a home and marriage, leading him to contemplate suicide while point a gun to his head.<ref name=sjm></ref> |
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Lee would shift the focus of his company to multimedia. An engineer at his company, Hyung Hwe Huh, developed a graphics accelerator that won over [[Gateway]], a new client that would mark the start of a rapid expansion.<ref name=sjm></ref> Diamond was ranked the 17th fastest growing private company in the US in 1993 and had a public offering in 1995.<ref name |
Lee would shift the focus of his company to multimedia. An engineer at his company, Hyung Hwe Huh, developed a graphics accelerator that won over [[Gateway]], a new client that would mark the start of a rapid expansion.<ref name=sjm></ref> Diamond was ranked the 17th fastest growing private company in the US in 1993 and had a public offering in 1995.<ref name=sjm></ref> |
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==Philanthropy== |
==Philanthropy== |
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Revision as of 21:32, 30 April 2012
Chong Mong Lee (b. 1928) is an American entrepreneur and philanthropist. He founded Diamond Multimedia in 1982.
Early life
Lee was born near Seoul in 1928 to father who traded Chinese herbal medicine.[1] Lee took over the pharmacy shop his brothers had built after his older brother died of a heart attack.[1]
Diamond Multimedia
He emigrated to the US in 1970 and ran an export business, selling golf balls to Japan.[1] He founded Diamond Multimedia in 1982 but initially was not successful. The company lost millions and Lee suffered personal setbacks including losing a home and marriage, leading him to contemplate suicide while point a gun to his head.[1]
Lee would shift the focus of his company to multimedia. An engineer at his company, Hyung Hwe Huh, developed a graphics accelerator that won over Gateway, a new client that would mark the start of a rapid expansion.[1] Diamond was ranked the 17th fastest growing private company in the US in 1993 and had a public offering in 1995.[1]
Philanthropy
Lee's most notable charitable contribution was a gift of $15 million in 1997 to the Asian Art Museum, a San Francisco located museum of Asian Art that is now named after him.[1]