Can Samsung's new leader dethrone Apple? - Fortune
CEO Jamie Dimon, for instance, Lee learned that the $26 billion New York hedge fund Elliott Management had launched a surprise attack against him. Elliott wanted to stop Lee from merging two publicly traded pieces of his family’s network of companies, potentially foiling Lee’s plan to consolidate control. A few weeks later, on the day he turned 47, Lee gave his first-ever nationally televised speech in South Korea to offer an apology—including a symbolic bow—because the Samsung Medical Center in Seoul had failed to contain an outbreak of the deadly... An avid golfer, Lee found time to pop down to Pebble Beach for a members-and-guests-only tournament at the exclusive Cypress Point Golf Course with his pal and host Jerry Yang, the Yahoo A veritable prince of the realm in Korea and supremely well... At home, Lee’s life as a single dad and the next-generation leader of Samsung makes him a boldface name. That’s partly because he has long been overshadowed by his larger-than-life father, Lee Kun-hee, chairman of the Samsung Group. The elder Lee, age 73 and Samsung’s chief for nearly 30 years, suffered a heart attack 14 months ago. Source: fortune.com
