News Business 20 richest people in 20 major countries

20 richest people in 20 major countries

New Delhi: Forbes has released their annual list of the world's richest people ranking a giant 1,645 billionaires across the globe. Among the top 50 are the usual faces of tech (as in Facebook and

The richest South Korean: Lee Kun-Hee

Net worth: US$11.1-billion

Forbes rank: 102




Lee Kun-hee is a South Korean business tycoon and the Chairman of Samsung Electronics. He had resigned in April 2008, owing to Samsung slush funds scandal, but returned on March 24, 2010. Born in Uiryeong, South Korea, Lee Kun-Hee graduated from Waseda University in Japan, and attended business school at George Washington University briefly. It was his decision to focus on cutting-edge technology in the 90s, that grew Samsung Electronics into the world's largest flat screen and semiconductor producer. The company also has an increasingly successful mobile phone arm. In addition to his work at Samsung, he also sits on the International Olympic Committee, and was the driving force behind bringing the 2018 Olympics to South Korea.

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