Samsung family completes inheritance tax payments with Hong Ra-hee share sale | Yonhap News Agency

## Summary
OK SEOUL, April 9 (Yonhap) -- Hong Ra-hee, the widow of late Samsung Group Chairman Lee Kun-hee, has sold a stake in Samsung Electronics Co. worth nearly 3.1 trillion won (US$2.1 billion) to complete the payment of inheritance taxes on assets left by the late tycoon, industry sources said Thursday. The completion of the inheritance tax payments is expected to ease financial pressure on the family, potentially accelerating Chairman Lee's push for a "New Samsung" growth strategy. Hong Ra-hee, honorary director of the Leeum Museum of Art, is seen in this file photo taken Oct. 21, 2024. (Yonhap) brk@yna.co.kr (END) Related Articles Samsung owner family to complete 12 tln-won inheritance tax payments this month Samsung family to sell 2.8 tln won worth of stake in Samsung Electronics to pay inheritance taxes Keywords #Samsung family #inheritance tax Articles with issue keywords Most Liked (LEAD) BTS tops Billboard albums chart for 2nd week with 'Arirang,' a first in K-pop BTS to drop 'Come Over,' exclusive new track on 'Arirang' LP 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho BTS tops Spotify weekly charts for 2nd week with new album 'Arirang' Lee voices hope for peace in Easter message Most Saved 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho (3rd LD) Lee says S. Korean road lined with cherry blossoms prev Samsung family completes inheritance tax payments with Hong Ra-hee share sale Next Samsung family completes inheritance tax payments with Hong Ra-hee share sale

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SEOUL, April 9 (Yonhap) -- Hong Ra-hee, the widow of late Samsung Group Chairman Lee Kun-hee, has sold a stake in Samsung Electronics Co. worth nearly 3.1 trillion won (US$2.1 billion) to complete the payment of inheritance taxes on assets left by the late tycoon, industry sources said Thursday.
Hong, honorary director of the Leeum Museum of Art and mother of Samsung Electronics Chairman Lee Jae-yong, sold 15 million shares in Samsung Electronics in a block deal before the market opened earlier in the day, according to the sources.
Her shares were sold at 205,237 won per share, reducing Hong's stake to 1.24 percent from 1.49 percent.
The sale marks the end of the family's effort to pay inheritance taxes, totaling about 12 trillion won, in installments over a five-year period that began in April 2021.
Along with Hong, Lee Jae-yong and his two sisters -- Lee Boo-jin, chief executive of Hotel Shilla, and Lee Seo-hyun, president of Samsung C&T -- have financed the tax burden through share sales in group affiliates and other funding measures since 2021.
The late chairman left assets estimated at around 26 trillion won, including stocks valued at 19 trillion won, when he died in October 2020.
The completion of the inheritance tax payments is expected to ease financial pressure on the family, potentially accelerating Chairman Lee's push for a "New Samsung" growth strategy.
Hong Ra-hee, honorary director of the Leeum Museum of Art, is seen in this file photo taken Oct. 21, 2024. (Yonhap)
brk@yna.co.kr
(END)
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## Expert Analysis

### Merits
N/A

### Areas for Consideration
- Hong Ra-hee, honorary director of the Leeum Museum of Art, is seen in this file photo taken Oct. 21, 2024. (Yonhap) brk@yna.co.kr (END) Related Articles Samsung owner family to complete 12 tln-won inheritance tax payments this month Samsung family to sell 2.8 tln won worth of stake in Samsung Electronics to pay inheritance taxes Keywords #Samsung family #inheritance tax Articles with issue keywords Most Liked (LEAD) BTS tops Billboard albums chart for 2nd week with 'Arirang,' a first in K-pop BTS to drop 'Come Over,' exclusive new track on 'Arirang' LP 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho BTS tops Spotify weekly charts for 2nd week with new album 'Arirang' Lee voices hope for peace in Easter message Most Saved 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho (3rd LD) Lee says S.

### Implications
- Hong Ra-hee, honorary director of the Leeum Museum of Art, is seen in this file photo taken Oct. 21, 2024. (Yonhap) brk@yna.co.kr (END) Related Articles Samsung owner family to complete 12 tln-won inheritance tax payments this month Samsung family to sell 2.8 tln won worth of stake in Samsung Electronics to pay inheritance taxes Keywords #Samsung family #inheritance tax Articles with issue keywords Most Liked (LEAD) BTS tops Billboard albums chart for 2nd week with 'Arirang,' a first in K-pop BTS to drop 'Come Over,' exclusive new track on 'Arirang' LP 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho BTS tops Spotify weekly charts for 2nd week with new album 'Arirang' Lee voices hope for peace in Easter message Most Saved 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho (3rd LD) Lee says S.

### Expert Commentary
This article covers samsung, lee, inheritance topics. Areas of concern are also raised. Readability: Flesch-Kincaid grade 0.0. Word count: 548.