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This Article is From Aug 28, 2017

Speculators Bet Samsung Will Turn to Lee's Sister to Take Charge

(Bloomberg) -- Speculators thinking Jay Y. Lee's sister, Lee Boo-jin, could take the family mantle, are making a bet Samsung will stray from the tradition of male-dominated succession at the country's chaebol.

But Samsung has broken away from tradition to better the business before and Boo-jin already advises and owns 5.5 percent of holding company Samsung C&T Corp.

She's also proven her mettle at running a $3.3 billion Samsung business: Hotel Shilla, a luxury hotel line and duty-free business that's more than doubled sales and market cap since 2010.

For more analysis of this event, click here for our TOPLive blog.

To contact the reporter on this story: Shelly Banjo in Hong Kong at sbanjo@bloomberg.net.

To contact the editors responsible for this story: Colin Keatinge at ckeatinge@bloomberg.net, Karthikeyan Sundaram

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