#3060
Lee Jay-hyun
Korea 66 years old
Overview
- Source of Wealth
- food products, entertainment
- Industry
- Diversified
- Residence
- Seoul
- Organization
- CJ Corporation
- Education
- Korea University (Bachelor of Arts/Science)
- Marital Status
- Married
- Children
- 2
Assets
- CJ CheilJedang Corp.71,000 shares @ --097950-KR
- CJ Corporation11,313,000 shares @ --001040-KR
- CJ ENM398,000 shares @ --035760-KR
- CJ Freshway Corp.70,000 shares @ --051500-KR
Biography
Lee Jay-hyun is chairman of the CJ Group, a conglomerate that operates the country's largest food and beverage company, CJ Cheiljedang.
He is the eldest grandson of the late Samsung founder Lee Byung-chull; CJ officially separated from Samsung in 1997.
In 2015, Lee Jay-hyun was convicted and sentenced to two and a half years in jail on embezzlement and tax evasion charges.
In 2016, he was pardoned by then president Park Geun-hye and returned to his post in 2017. He is facing a new tax evasion probe in 2025.
About
His CJ Group began as a sugar mill and boosted domestic sugar production just after the end of the Korean War.
In 1995, CJ paid $300 million for an 11% stake in Steven Spielberg's production vehicle Dreamworks SKG.