According to Bloomberg, "Lee passed away on Sunday with his family by his side, the company said in a statement, without mentioning the cause of death. He had surgery in 2014 after a heart attack and was treated for lung cancer in the late 1990s.
Lee, who told employees to 'change everything except your wife and children' during his drive to foster innovation and challenge rivals such as Sony Corp., was South Korea’s richest person. He had an estimated net worth of $20.7 billion, according to the Bloomberg Billionaires Index. Samsung, the biggest of South Korea’s family-run industrial groups, known as chaebol, has been led by his only son since the heart attack."
"Chairman Lee was a true visionary who transformed Samsung into the world-leading innovator and industrial powerhouse from a local business," the company said. "His legacy will be everlasting."
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I remember like few years ago samsung and Iphone were only option in market now it filled with chinese smart phones , I think samsung need to step their game , my last phone was samsung galaxy but it broke and I now need new phone and don't know what to buy , all option I have is chinese smart phones cuz I can't afford iphone and samsung is now becaming rare in market , hope they get back in game cuz I need new phone :(