Lee Myung-hee

Lee Myung-hee
Lee Myung-Hee in 2016
Born (1943-09-05) 5 September 1943
Alma materEwha Womans University
OccupationChairman of Shinsegae Group
SpouseChung Jae-eun
Children2, including Chung Yong-jin
ParentLee Byung-chul
Korean name
Hangul
이명희
Hanja
李明熙
RRI Myeonghui
MRI Myŏnghŭi

Lee Myung-hee (Korean: 이명희; born 5 September 1943) is a South Korean business magnate and the chairwoman of the Shinsegae Group. She is the youngest daughter of Lee Byung-chul, founder of the Samsung Group and the sister of the former late chairman Lee Kun-Hee. Lee became the company's chairwoman in 1997 following its separation from Samsung and is credited with growing it into the country's second-largest retailer. With an estimated net worth of $840 million she is one of the wealthiest people in South Korea and was ranked 20th on Forbes 2017 list of 50 Richest Koreans.