About Lee Byung Chul
Lee byungchul, the founder of Samsung. He was born on February 12, 1910, in Uiryeong, Gyeongsangnam-do,Korea. He was born in a wealthy landlord family witch was one of the Gyeongju clan, and Gyeongju clan is one of the most populous Lee clans in Korea.He went to college in Waseda University in Tokyo, but he didn't complete his degree.
After Lee ByungChul finished his school in Tokyo, he went back to Korea with complete fluency in Japanese and also good connections with the Japanese business community. On March 1,1938, he established a trucking business witch he named as "Samsung Trading Co.". Starting from 1945, Samsung was transporting goods throughout Korea to other countries. Also, starting from 1959, Samsung had became one of the the largest trading companies in Korea. He also married to a Korean woman, they also had eight children and they all lived in Korea.
Lee Byung Chul became famous because of "Samsung Trading Co.". He first invested some of the family money into rice mill and other deals in Masan, and later, he founded a medium-size brewing and general trading company, which was Samsung. The most difficult time was going through the Korean war. During the Korean War, a large part of the company property was lost and most of the company in Korea had disappeared during the Korean War. In 1953, he founded Cheil Sugar and became very successful. He used the income of Cheil Sugar and founded many other companies which sold products in a wide variety of markets. In 1961, Lee Byung Chul was staying in Japan and for some time he didn't return to Korea.
After staying in Japan for long time, he finally moved back to Korea and being served as chairman of the Federation of Korean Industries and was known as the richest man in Korea. He finally died in November 19,1987 in Korea. After his death, his estate which named "Ho-Am" was opened to public for tours. In 1991, people founded the Ho-Am prize which was named afer Lee Byung Chul's estate.
I think that Lee Byung Chul is a very interesting person because he is very successful in everything and he didn't even finish his college degree. Without him, there wouldn't be Samsung and without Samsungm we wouldn't have phones,TVs,cameras,etc. So I think that Lee Byung Chul is really a very great person in Korea and the world.
posted by Unknown @ 8:03 AM
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