Hong Ra-hee, the wife of the late Samsung Group Chairman Lee Kun-hee, has boosted her fortune to more than $7 billion after receiving billions of dollars in stocks in the much-awaited transfer of her husband’s assets.
Hong, 75, inherited about 83 million shares in Samsung Electronics Co., making her the largest individual shareholder in the tech giant with a 2.3% stake, according to a filing last week. Hong is the richest woman in South Korea with a net worth of $7.4 billion as of Monday’s stock-market close, according to the Bloomberg Billionaires Index.
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