12 February 1910|
Uiryeong County, South Gyeongsang Province, Korean Empire
|Died||19 November 1987
Seoul, South Korea
|Alma mater||Waseda University in Tokyo|
|Occupation||Founder of Samsung|
|Revised Romanization||I Byeongcheol|
Lee Byung-chul (February 12, 1910 – November 19, 1987) was the founder of the Samsung Group and one of South Korea's most successful businessmen. With the breakup of the Hyundai chaebol, Samsung is now South Korea's largest business group.
Byung-chul established a trucking business in Daegu on 1 March 1938, which he named Samsung Trading Co, the forerunner to Samsung. Samsung means "Three Stars" which explains the initial corporate logos.
By 1945 Samsung was transporting goods throughout Korea and to other countries. The company was based in Seoul by 1947. It was one of the ten largest "trading companies" when the Korean War started in 1950. With the conquest of Seoul by the North Korean army, Lee was forced to relocate his business to Pusan. The massive influx of U.S. troops and equipment into Busan over the next year and a half of the war proved to be highly beneficial to Lee's trucking company.
In 1961 when General Park seized power, Lee was in Japan and for some time he did not return to South Korea. Eventually, a deal was struck and Lee returned but Samsung had to give up control over the banks it acquired and follow economic directives from Park's government.
Later in life, Byung-chul served as chairman of the Federation of Korean Industries and was known as the richest man in Korea.
After his death, Byung-chul's estate (Ho-Am) was opened to the public for tours. His collection of Korean art is considered one of the largest private collections in the country and it features a number of art objects that have been designated "National Treasures" by the Korean government. Ho-Am is located a short distance from the Everland park, South Korea's most popular amusement park (Everland is also owned by the Samsung Group).
This section needs additional citations for verification. (May 2017) (Learn how and when to remove this template message)
The family of Lee Byung-chul
|Wikimedia Commons has media related to Lee Byung-chul.|
||Chairman of the Board of the Samsung Group
March 1938 – December 1987
None of the audio/visual content is hosted on this site. All media is embedded from other sites such as GoogleVideo, Wikipedia, YouTube etc. Therefore, this site has no control over the copyright issues of the streaming media.
All issues concerning copyright violations should be aimed at the sites hosting the material. This site does not host any of the streaming media and the owner has not uploaded any of the material to the video hosting servers. Anyone can find the same content on Google Video or YouTube by themselves.
The owner of this site cannot know which documentaries are in public domain, which has been uploaded to e.g. YouTube by the owner and which has been uploaded without permission. The copyright owner must contact the source if he wants his material off the Internet completely.