business
A son overlooked and a jailed tycoon: Inside Samsung's succession drama
Key takeaways
- Sarah Greenand Simon Tulett,World Service Podcasts Bloomberg via Getty Images Samsung chairman Lee Jae-yong When power shifts at the top of some of the world's biggest companies, most people don't notice.
- If products perform, services work and store shelves are full, then who sits in the boardroom doesn't make headlines.
- And so it was in 2017 when the Samsung heir-in-waiting, Lee Jae-yong - who is also known as JY Lee - was jailed for his part in a corruption scandal that also brought down the country's president.
Sarah Greenand Simon Tulett,World Service Podcasts Bloomberg via Getty Images Samsung chairman Lee Jae-yong When power shifts at the top of some of the world's biggest companies, most people don't notice.
If products perform, services work and store shelves are full, then who sits in the boardroom doesn't make headlines. But when it comes to Samsung, the family dynasty behind it is so complicated – and the company so crucial to the South Korean economy – that it's front-page news.
And so it was in 2017 when the Samsung heir-in-waiting, Lee Jae-yong - who is also known as JY Lee - was jailed for his part in a corruption scandal that also brought down the country's president.
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