Portrait of Lee Jay-hyun

Rank #2724

Lee Jay-hyun

Net worth $1.4B

food products, entertainment · South Korea

Born
Mar 19, 1960
Age
66
Source
food products, entertainment
Residence
Seoul
Citizenship
South Korea
Marital status
Married
Children
2
Education
Bachelor of Arts/Science, Korea University

Net worth over time

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.
  • 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.

Financial assets

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