In September, Lee placed around 360th place with assets worth $4.3-4.4 billion.
His ranking jumped as Samsung SDS Co. made a splash in its debut on the South Korean bourse Nov. 14. He holds an 11.25 percent stake in Samsung SDS, an information and communication technology service provider affiliated with the group, South Korea’s largest conglomerate.
Lee became the fourth richest man in South Korea.
His father Lee Kun-hee, chairman of Samsung Electronics and de facto head of Samsung Group, ranked No. 1 in South Korea and 94th in the Bloomberg billionaires list with assets worth $12.1 billion.
Bloomberg put Suh Kyung-bae, chairman of Amore Pacific Group, a cosmetic and beauty product maker, in 228th place. He owns assets worth $5.9 billion.
Chung Mong-koo, chairman of Hyundai Motor Group placed 235th with $5.8 billion.
reporter
Park Sae-jin
swatchsjp@ajunews.com
