SAMSUNG EP8 | IMF crisis &Lee Jaeyong; eSamsung’s failure; a miracle for SS from 4.4 bil 

In 1997, the IMF financial crisis began, and thus, Samsung restructured to overcome this phenomenon.
Meanwhile, Kun Hee’s only son, Jaeyong, was just a student. After graduating from the Department of Asian History of Seoul National University, he then joined the Samsung Group in the 32nd recruitment.
He then took master’s and doctoral programs in Japan and the USA. He returned to the company when he had achieved all of his degree. However, many things changed during that period of time.
Jaeyong received 6.08 billion KRW from his father and paid a tax of 1.6 billion KRW.
He gradually secured his management rights of Samsung Group but…
Let’s find out the rest of the story in the finale of this Samsung story encyclopedia series
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Samsung Part 1 : Samsung C&T Corporation
• 당신이 몰랐던 삼성의 역사 1편 | 설립...
Samsung Part 2 : Cheil Jedang, Cheil Industries, the Saccharin smuggling
• 당신이 몰랐던 삼성의 역사 2편 | 사카...
Samsung Part 3 : The tragedy of the Samsung Group’s prince, the beginning of Samsung Electronics
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Samsung Part 4 : Everland, the birth of Samsung Heavy Industries, starting the business of semiconductor
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Samsung Part 5 : The fight for the Samsung family inheritance, the separation of the Samsung family
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Samsung Part 6 : Dog lover Lee Kun-hee burned 50 billion of Anycall products! Samsung Motors’s failure
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