The $370 Billion Family That Can’t Stay Out of Jail: The Lees of Samsung

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  • Опубликовано: 8 сен 2024

Комментарии • 210

  • @oldmoneyluxury
    @oldmoneyluxury  7 месяцев назад +31

    COMMENT: Which East Asian “old money” family would you like to us feature next?

    • @EmmanuelAblorh
      @EmmanuelAblorh 7 месяцев назад +9

      Mitsubishi

    • @clumsyvanity
      @clumsyvanity 7 месяцев назад +10

      Wong family of Hong Kong. Skye Wong is great-granddaughter of the oldest Hong Kong banks on both sides of the family.

    • @zyntolaz
      @zyntolaz 7 месяцев назад +4

      Hyundai

    • @EmilgPetersw
      @EmilgPetersw 7 месяцев назад +5

      The koo family of LG, they still hold their wealth, or the banking family

    • @kevinperocho6526
      @kevinperocho6526 7 месяцев назад +1

      do the Sy family next...

  • @RengmaNaga890
    @RengmaNaga890 6 месяцев назад +42

    Wow...using samsung products since i was a teenager back in 2012. Learned this amazing history only today.

  • @voiceout001
    @voiceout001 6 месяцев назад +66

    Suit so sharp they could cut glass.....BARZ 😎🔥

    • @phylis3917
      @phylis3917 3 месяца назад +1

      👏🏾. The narrative; voice, linguistics 50% of presentation for me.

    • @jinusrafezadeh2494
      @jinusrafezadeh2494 2 месяца назад

      Lol … I thought he said grass 🤭

  • @andrewwalsh5366
    @andrewwalsh5366 6 месяцев назад +41

    Watching this video on my Samsung phone 😊

  • @danieljorge746
    @danieljorge746 5 месяцев назад +29

    I could never understand why people with incredible wealth sometimes have to resort to illegal activities and it's always about money but the amount they get busted for is so much lower than there legal wealth. Stay positive on the legal matters.

    • @danieljorge746
      @danieljorge746 5 месяцев назад +5

      I will never stop buying Samsung regardless of the problems which basically has been four times in their 100 year history. It's also the reliability and dependability of their products.

    • @Ashnesss
      @Ashnesss 4 месяца назад

      Lol because government polices are geared towards preventing wealth and any company “becoming too big and influential.” They can’t invest or acquire without having off shore companies because the government won’t allow them to transfer such a large sum without lengthy procedures which could take years. Then the government can pretend that there’s an issue with the books, even when it’s all clean.
      You forget that the government officials, at times, want bribery, PM position or business contacts so they try to concoct a problem when there is none. You cannot wait 5 years for an acquisition abroad, once the deal and negotiations are settled.
      You want to buy then and there because the price and economy will change and you’ll have to re-negotiate accordingly.

    • @KenzoLeong
      @KenzoLeong 3 месяца назад +2

      It wasn't always because of money, but testing the boundaries of the law by the rich and powerful.

    • @supermelville7838
      @supermelville7838 4 дня назад

      In the old days, most business cannot survive in a corrupt government. Especially in Asia. So the government is to blame also. Singapore is more of an exception.

  • @leas7830
    @leas7830 7 месяцев назад +28

    Thank you for listening me and making a video!!! ❤❤
    I lived about 1.5 years in South Korea and have visited there several times ever sense. Lee Boojin is amazing woman, yes she was born in rich family but in South Korea gender is huge issue, and she was girl. She didn't become power woman because of her family, she is extremely smart, she had to fight for her career and she worked her as* off. Considering that she is a mom and her marriage end up to divorce (still huge issue in SK) it is even more amazing she is the boss in her own terms. Even if she was born in rich family. And she is true leader 👊

  • @aryanalfa2444
    @aryanalfa2444 7 месяцев назад +70

    I own a good pair of Samsung tv, quality Lcd's and this very smartphone where i am typing is a Samsung. Their products have quality, without any shadow of the doubt it's a sucessfull big company

  • @user-fu3fy1zp6o
    @user-fu3fy1zp6o 7 месяцев назад +42

    Limos so tinted you think they lead to another universe😂😂😂😂😂

  • @juliemccauslin5807
    @juliemccauslin5807 6 месяцев назад +17

    NEVER buy directly from Samsung & definitely don't pay for Samsung Care. Took me 3 months to get my screen fixed because Samsung kept closing my file forcing me to start over 10 times before they covered the cost. WHAT A NIGHTMARE!

  • @ytn00b3
    @ytn00b3 7 месяцев назад +14

    Rice distribution to Fabric maker to Sugar refinery to Confectionary & Drinks i.e Tea/coffee to light to heavy industries to Electronics & Telco > Semiconductor and appliances

  • @phillyvoodoo
    @phillyvoodoo 6 месяцев назад +39

    Why would a billionaire want to embezzle money just for a bribe when you could afford an $800,000 horse purchase????

    • @aoh4905
      @aoh4905 4 месяца назад +3

      Well if it's a large sum you gotta find the money somewhere. Your personal account is kind of risky.

    • @If6wasnine
      @If6wasnine 3 месяца назад +3

      You know billionaires don’t just have billions of dollars in their cheque account right..?
      In fact, I bet my balls that most don’t even have cheque accounts.

    • @lisalisa3110
      @lisalisa3110 Месяц назад

      Because the peasants hate elite chaebols, so the prosecutors make it a witch hunt during election year. Nothing new.

    • @bobjary9382
      @bobjary9382 25 дней назад

      Why did Musk borrow the 40B to buy twitter
      (Clue : Rich people dont get rich using their own money )

    • @razaullahkhan7788
      @razaullahkhan7788 10 дней назад

      Please help me please reply me my mother is a concer please help me 😂😂😂

  • @markruivah6538
    @markruivah6538 6 месяцев назад +95

    Samsung company deserves wealthy and healthy because of their hard working.I wish the Samsungs family'All the best in the days to come '.

    • @__Rizzler__
      @__Rizzler__ 6 месяцев назад +3

      me too . wish them all the best

    • @hernimoscotch5984
      @hernimoscotch5984 5 месяцев назад +16

      Are you for real now?

    • @celtics2024
      @celtics2024 4 месяца назад +5

      @@hernimoscotch5984 They help build up the country and has always been lowkey unlike US corporations.

    • @rosofficesolutionsinc1572
      @rosofficesolutionsinc1572 4 месяца назад +4

      @@hernimoscotch5984 lol What sigificant thing has YOUR family ever done

    • @hernimoscotch5984
      @hernimoscotch5984 4 месяца назад

      Heal​ people@@rosofficesolutionsinc1572

  • @red_24x
    @red_24x 4 месяца назад +4

    No matter what, there is so much to learn, hard work, strategic planning and patience ❤ not just here but everything we use today ... it's all in one

  • @theofficialpeterkim
    @theofficialpeterkim 7 месяцев назад +48

    In the USA bribes are basically legal (lobbying). They would do better here since bribes are illegal there.

    • @Hunter-go4bv
      @Hunter-go4bv 5 месяцев назад +1

      There is a big difference between lobbying and corruption. Corruptions can be money racketeering, labor slavery, and sex discrimination.
      In America, we don’t encourage consumers to buy just American phones, cars, etc. In Korea, you seem disloyal if you use non-Korean products.

    • @sosososososo4148
      @sosososososo4148 4 месяца назад

      ​@truongpham-go4bv They don't. If ur products are incompetent then u will never survive. No one will buy some shitty things for just being Korean

  • @Un-Followed-z5u
    @Un-Followed-z5u 7 месяцев назад +25

    Amazing video. You deserve more subscribers

  • @CarlosSilva-td3nn
    @CarlosSilva-td3nn 6 месяцев назад +8

    Excellent !!!! Many sincere thanks from Brazil.

  • @BallyBoy95
    @BallyBoy95 Месяц назад

    2:00 - "Windows so tinted, you'd think they lead into another universe, and suits so sharp they could probably cut glass." With that deadpan delivery had me floored. 🤣🤣

  • @haroonyousuph
    @haroonyousuph 6 месяцев назад +9

    great motivation from south Africa

    • @JohnLee-db9zt
      @JohnLee-db9zt 4 месяца назад +1

      Yes South Africa needs a lot of motivation to get out of its poverty, corruption and crime

  • @jodygrubbs-lv7bp
    @jodygrubbs-lv7bp 7 месяцев назад +19

    such a great informative video, i have always liked old money families, I like there history, legacies and i have always liked old companies that have stayed in business and that have kept up with the times! thank you for your informative channel on old money families and their companies. i do like anything that is historic. this is a very facinating story of Samsung and the Lee family! I like learning about historical families and your channel is the very best and I like the way you present it and your great delivery! God bless!

  • @mortisdeus
    @mortisdeus 7 месяцев назад +18

    Waiting for Samsung fighter jets. 😂

    • @oldmoneyluxury
      @oldmoneyluxury  7 месяцев назад +1

      😂

    • @anzhikhussein8962
      @anzhikhussein8962 6 месяцев назад +1

      Honda went first

    • @Josh-bm4lh
      @Josh-bm4lh 6 месяцев назад +2

      They were part of Korea Aerospace Industries, building trainer and fighter jets. That part has been divested.

    • @msdolly6101981
      @msdolly6101981 3 месяца назад

      Stealing fighter jet technology is not as easy as Stealing consumer electronics tech 😅😂

  • @PegasusFleets
    @PegasusFleets 7 месяцев назад +5

    Maybe one of the Samsung heiresses can start an additional Doctorate of Commerce school at the University of Texas..😅😊

  • @Bostonn8
    @Bostonn8 5 месяцев назад +7

    They make amazing phones that's all i care about

  • @HoangLe-ht5fo
    @HoangLe-ht5fo 7 месяцев назад +16

    I truly Love everything Samsung ❤😂

    • @phylis3917
      @phylis3917 3 месяца назад +1

      When first started working legal, 1989, first contact with their products.

  • @SandStormXII
    @SandStormXII 6 месяцев назад +4

    this video has a lot of value in it. im an apple guy myself

  • @melanioma5499
    @melanioma5499 7 месяцев назад +3

    Feature Ayala Family’s Manila Water Corp. and how it got a grossly favorable deal from the government. It was so one-sided that not only could it pass on its income tax to its consumers, it also collected fees for services not rendered.

  • @Hobrecht
    @Hobrecht 7 месяцев назад +10

    Thank you for the video

  • @remondbernasconi3722
    @remondbernasconi3722 7 месяцев назад +7

    😮I have a Sanyo am-fm radio cassette player that was purchased in 1976 and is still running with no problems to this day. Use it regularly and it's never needed a part. Also have a good working Samsung flat-screen TV that's old? original, but I 'd like to complain about the lack of a headphone jack that I've had to live without. Otherwise no gripes.☺️📻

  • @lizh4933
    @lizh4933 5 месяцев назад +4

    Lovely, interesting and informative video as always.

  • @phylis3917
    @phylis3917 3 месяца назад

    Had taken a hiatus; on return, I find the same detailed, interesting informative quality. Thank you.

  • @stevozrepto5558
    @stevozrepto5558 5 месяцев назад +5

    Biggest ship builder on earth btw

  • @emmanuelbenjamin7709
    @emmanuelbenjamin7709 7 месяцев назад +4

    Kenyatta family from my country..🇰🇪🇰🇪🇰🇪🇰🇪

    • @leas7830
      @leas7830 7 месяцев назад +2

      I support you! I admit I knew nothing Kenyatta family (just checked info from google). There are so many families we know nothing about. It is a pitty.

    • @raanajak471
      @raanajak471 6 месяцев назад +3

      ​@@leas7830
      Don't forget to tell how they acquired their wealth.

  • @bagelispoulos8275
    @bagelispoulos8275 7 месяцев назад +5

    great video thank you !!

  • @Masterbuten333
    @Masterbuten333 7 месяцев назад +2

    Now I understand why some people tried to switch me with a certain Johnson Lee. That made a MSM went on a nosedive.

  • @utubesucks9302
    @utubesucks9302 7 месяцев назад +11

    How do you think they make their money? On morals & virtues?😈

  • @carlinsylvester3723
    @carlinsylvester3723 7 месяцев назад +4

    The Dangote family of Nigeria

  • @smartdoctorphysicist3095
    @smartdoctorphysicist3095 7 месяцев назад +4

    Hi Mr. Son need to do business on the up and up, stop going to jail. This is bad for business.

  • @BegaW
    @BegaW 7 месяцев назад +15

    Samsung is a wonderful company most of Korean people love.

    • @SandStormXII
      @SandStormXII 6 месяцев назад

      not just Koreans

    • @mineralwater6736
      @mineralwater6736 Месяц назад

      🤣🤣 how delusional are you?? Samsung is as corrupt as any other major company.

  • @michaeljaroya1319
    @michaeljaroya1319 5 месяцев назад +2

    I love the writing.

  • @minachoi714
    @minachoi714 7 месяцев назад +15

    we Korean people love and respect Samsung group ❤ our government bullies tf out of this family 😢

  • @ttorithebestdog
    @ttorithebestdog 6 месяцев назад +2

    It's very well presented and informative but I don't think president Park doesn't have a daughter. I thought she never married and is childless.

  • @effortmsimelelo5059
    @effortmsimelelo5059 7 месяцев назад +5

    They should learn from American super rich, they never go to jail even if they millionaires

    • @teddyastronaut
      @teddyastronaut Месяц назад

      Don't boast about it, my dear. You may not know a lot.

  • @fionavanderhaer4934
    @fionavanderhaer4934 3 месяца назад

    I love Samsung ❤ Have my 3rd phone & 2 tvs, over 10 yr period. User friendly, excellent quality & forward thinking technology.
    Seems SKs unnecessary strict laws have many limitations & target any citizen (not only the wealthy) from being progressive.
    All the best Samsung! 💪

  • @loombandz6722
    @loombandz6722 7 месяцев назад +2

    To hAve this massive business, one of them should be really smart and greedy at the same time😅

  • @AndreaPortley
    @AndreaPortley 3 месяца назад

    Thanks for sharing! I assumed Samsung as Japanese! Learn something new everyday 😳😳😳

  • @sanguy20
    @sanguy20 5 месяцев назад +2

    This is very highlighted

  • @salliemonet5579
    @salliemonet5579 5 месяцев назад +3

    Do something on the Hiltons please

  • @floridagirl8563
    @floridagirl8563 17 дней назад

    We’ve had 2 Samsung multi door refrigerators and BOTH of them have ice makers that only work for a couple months then have to be heated with a hair dryer to remove ice build up so it can make more ice! NEVER again would I buy a Samsung!

  • @swhip897
    @swhip897 7 месяцев назад +5

    Well, 🤫 I like their phones 😮😅

  • @lekaherath9774
    @lekaherath9774 3 месяца назад +1

    ❤best electronics in the world I love Samsung electronic s

  • @Mary-sh2bp
    @Mary-sh2bp 6 месяцев назад +2

    Wow. The hereditary facial features is strong in this family. 😅

  • @kwr2879
    @kwr2879 5 месяцев назад +1

    Heavy is the head that wears the crown....

  • @Dana_inc
    @Dana_inc 4 месяца назад +1

    They owe me a refrigerator! $ 3000.00 down the drain!

  • @sunnyoutdoors
    @sunnyoutdoors 3 месяца назад +1

    the marriages and divorce of the Lee family is very interesting. It shows marrying into a rich family is not the greatest.

  • @angiekanellos7493
    @angiekanellos7493 5 месяцев назад +3

    History has an insight into what happens to empires- they eventually crumble & fall as the greed runs through their veins

  • @mariarussell603
    @mariarussell603 27 дней назад

    I would like to watch these: Rothchild; Trust Funds (and how it works, taxes, etc.)? Who are the most richer than rich families' oldest money (realyyy old) up to this modern time's? The reallly old, old, old of oldest families wealth that still thriving up to date.

  • @michaelsomething7674
    @michaelsomething7674 6 месяцев назад +3

    Do the li family of Lee Shau kee.

  • @lekaherath9774
    @lekaherath9774 3 месяца назад

    I love Samsung electronic s Thanks for the video clip

  • @whodine
    @whodine 4 месяца назад

    Absolutely the best phone ever made samsung note

  • @EmilgPetersw
    @EmilgPetersw 7 месяцев назад +3

    Ummm great video, how about oldest old money family that still hold their wealth, I'm still corious that they didn't loss their wealth

    • @Lucy_Heartfilia822
      @Lucy_Heartfilia822 7 месяцев назад

      He already made videos on them, the Rockefeller and Rothschild families

  • @jalajraj7953
    @jalajraj7953 4 месяца назад +1

    Huh, Mukesh Ambani has it all with a net worth of over 100 billion us dollars🎉🎉🎉 . AKA Asia's richest man on papers 😅😅📃

  • @leonvanderwesthuizen2159
    @leonvanderwesthuizen2159 7 месяцев назад +3

    ...what do presidential pardons cost nowadays 😅

  • @macbridelane3606
    @macbridelane3606 7 месяцев назад +3

    Pls. do the Marcos in the Philippines.

  • @lopezjuan316jl
    @lopezjuan316jl 6 месяцев назад +1

    I thought it was great and funny the way they mocked Apple when Samsung lost a legal battle and they paid in cash, a lot of trucks apparently 😂😂😂

  • @MistaP2024
    @MistaP2024 5 месяцев назад +1

    I would like you guys to do some videos on the oligarchs that arose from the collapse of the Soviet Union

  • @ashho313
    @ashho313 4 месяца назад +1

    Samsung is good I own different types of. Smart phones. And Samsung has the best korean phone it last it doesn't do weird things. And it's cheaper. And. With quality

  • @ronaldedson496
    @ronaldedson496 7 месяцев назад +1

    Yoon is the leading family of Samsung

  • @stevozrepto5558
    @stevozrepto5558 5 месяцев назад +1

    Suoer after sales service . Rarely needed Quality 😊😊😊😊

  • @freedomrulesjavier3904
    @freedomrulesjavier3904 7 месяцев назад +2

    ...and just got acquitted again. Must be nice to own a country.

  • @btsmochimi7924
    @btsmochimi7924 3 месяца назад

    Samsung fam may have some issues but samsung products hit everytime.

  • @ellebassa9288
    @ellebassa9288 7 месяцев назад +2

    Wait a second I know there are some members of this family like where somebody. There was some weird rumor about one of the daughters that she was on drugs. Apparently that was false

  • @jodygrubbs-lv7bp
    @jodygrubbs-lv7bp 7 месяцев назад +3

    Thanks!

    • @oldmoneyluxury
      @oldmoneyluxury  7 месяцев назад +2

      Wow, thanks so much for the Super Thanks Jody! :) glad you like the content!

  • @thokozanixaba5226
    @thokozanixaba5226 5 месяцев назад +2

    What is Lee min hou doing in this picture

  • @michaelsomething7674
    @michaelsomething7674 6 месяцев назад +1

    The republic of samsung

  • @lduc5700
    @lduc5700 Месяц назад

    In the philippines no rich people goes to jail !! Only the poor ones😢

  • @princesselizabethgarden7556
    @princesselizabethgarden7556 5 месяцев назад +1

    Samsung coffin🤣🤣🤣

  • @Retiradong
    @Retiradong 2 месяца назад

    Liked and subscribed too fellow vloggers

  • @Kali_Fragrances
    @Kali_Fragrances 6 месяцев назад +1

    Windows so tinted .......🙈

  • @davidkinyanjui6132
    @davidkinyanjui6132 6 месяцев назад +1

    My refrigerator is samgsam is broken

  • @arravYT
    @arravYT Месяц назад +1

    Lee Boo-Jin is single guys.

  • @mwn7521
    @mwn7521 7 месяцев назад +18

    Probably business is worth $370B but they don’t have $370B ok 🙄

    • @ryleefloyd2718
      @ryleefloyd2718 5 месяцев назад

      They have stated that u idiot 😂 they have billions individually but as a company its entire wealth is 370 billion 😊

  • @user-qt2et6jf2k
    @user-qt2et6jf2k 7 месяцев назад +1

    Hanja is the Best

  • @davidkinyanjui6132
    @davidkinyanjui6132 6 месяцев назад +1

    Sir asking you for one set of Samsung TV set my appropriation

  • @globalmogul
    @globalmogul 7 месяцев назад +4

    Sound like a government crack down was or is on Samsung

  • @billyboy969
    @billyboy969 7 месяцев назад +3

    One of the Female Samsung (Lee) was arrested getting off her private jet in Colombus Ohio (2019?) With suitcases full of drugs.

    • @cherylbristol5144
      @cherylbristol5144 7 месяцев назад

      Hmmm. Habits

    • @BegaW
      @BegaW 7 месяцев назад

      As far as I know taht none of Samsun family owns a private jet. But I'm not sure about the relatives especially the cousins.

    • @billyboy969
      @billyboy969 7 месяцев назад +2

      @@BegaW I would think they all own private jets, hard to believe they don't. You should look up the story online.

    • @aoh4905
      @aoh4905 7 месяцев назад +2

      True. She claimed. Anyone can say they are a world leader or ceo. Doesn't mean they are lol. She is still in prison so u know she's not samsung family

    • @billyboy969
      @billyboy969 7 месяцев назад

      @@aoh4905 I didn't know that

  • @mosesmurimi9068
    @mosesmurimi9068 7 месяцев назад +2

    Kenyatta's pliz😂

  • @MM-wi5dn
    @MM-wi5dn 4 месяца назад +1

    Born to money does not mean you are smart

  • @lopsangngodupbhutia1053
    @lopsangngodupbhutia1053 4 месяца назад

    Great man fear not, always go ahead.

  • @eternng5706
    @eternng5706 5 месяцев назад

    What about Singapore 🇸🇬

  • @MM-wi5dn
    @MM-wi5dn 4 месяца назад

    Humans cannot be happy no matter how much they do or do not have

  • @user-jo8jr1zb2n
    @user-jo8jr1zb2n 5 месяцев назад +1

    NO

  • @Yendor-vz4lb
    @Yendor-vz4lb 4 месяца назад

    All that wealth and no class. Selling smart phones without a charging device. Instead it comes with a micro USB cable that doesn't fit shit. And will not charge with any other charger. Throw them back in jail

  • @patrickthuita5979
    @patrickthuita5979 4 месяца назад

    Out of all the clothes on earth, samsung chose to dry clean an occult cloth??

  • @AnimeRecappped
    @AnimeRecappped 6 месяцев назад +2

    Make same video about Apple ,I dare you .

  • @swedesam
    @swedesam 6 месяцев назад +1

    Maybe embarrassing, but doesn't matter.....still Billionaires.

  • @lancecorporal7605
    @lancecorporal7605 7 месяцев назад +3

    if you have not done time, youre not a true chaebol

  • @cloudliey_luvs
    @cloudliey_luvs 5 месяцев назад +1

    Henry Sy

  • @RyanLordOfficial
    @RyanLordOfficial 4 месяца назад

    🔥🔥🔥

  • @ogmemelord3865
    @ogmemelord3865 2 месяца назад

    *No iPhone only Galaxy* - *Yoongi*

  • @user-jz9hx2jc8r
    @user-jz9hx2jc8r 4 месяца назад

    The biggest Korean chaebols (oligarch) and power stretch out worldwide. Money is King👑. They are definitely very influential 🎉. But life could be complicated, something not for everybody.

  • @user-jo8jr1zb2n
    @user-jo8jr1zb2n 5 месяцев назад +1

    JAIL DRUGAYA JENSHINA .