Samsung Family Samsung Electronics Stake Sale 2026: $1.92 Billion Offloaded for Taxes
The Samsung family has announced a 2.85 trillion won stake sale in Samsung Electronics to cover the final installment of a $9 billion inheritance tax bill due in April 2026.
The Samsung family isn't finished with its record-breaking tax bill just yet. In a move to secure liquidity, the heirs of the late Chairman Lee Kun-hee have initiated a massive 2.85 trillion won ($1.92 billion) Samsung family Samsung Electronics stake sale, according to regulatory filings on Sunday.
Details of the Samsung family Samsung Electronics stake sale
Hong Ra-hee, the widow of the late tycoon, signed a deal on January 9 to sell 15 million shares of Samsung Electronics through Shinhan Bank. The transaction was valued based on the closing price of 139,000 won per share on the day of the agreement.
This massive divestment is widely viewed as a necessary step to settle the remaining portion of a 12 trillion won inheritance tax bill. Since Lee's death in October 2020, the controlling family has been paying the tax in installments over five years. The final payment is due this coming April 2026.
This content is AI-generated based on source articles. While we strive for accuracy, errors may occur. We recommend verifying with the original source.
Related Articles
South Korean President Lee Jae-myung arrived in Beijing on Jan 4, 2026, with a delegation of 200 business leaders from Samsung and SK to meet Xi Jinping.
The US government has extended TSMC's license to import chip equipment for its China Nanjing fab for one year, ensuring supply chain stability alongside Samsung and SK Hynix.
Tensions rise as President Trump eyes Greenland in 2026. Explore the geopolitical implications of the 'Donroe Doctrine' and Denmark's firm refusal of U.S. coercion.
Syrian government forces have seized the Omar oil field, the nation's largest, from Kurdish SDF forces. This shift in energy control marks a critical turning point in post-Assad Syria.
South Korean President Lee Jae-myung arrived in Beijing on Jan 4, 2026, with a delegation of 200 business leaders from Samsung and SK to meet Xi Jinping.
The US government has extended TSMC's license to import chip equipment for its China Nanjing fab for one year, ensuring supply chain stability alongside Samsung and SK Hynix.
Tensions rise as President Trump eyes Greenland in 2026. Explore the geopolitical implications of the 'Donroe Doctrine' and Denmark's firm refusal of U.S. coercion.
Syrian government forces have seized the Omar oil field, the nation's largest, from Kurdish SDF forces. This shift in energy control marks a critical turning point in post-Assad Syria.