How South Korea’s Samsung clan made a US$45 billion financial comeback in 1 year
South Korea's Samsung-affiliated Lee family has reclaimed its position as one of Asia's wealthiest dynasties, regaining US$45 billion in net worth over one year due to a surge in semiconductor demand driven by artificial intelligence technologies. The recovery marks a sharp rebound from previous declines linked to global chip market slumps and internal corporate challenges. Rising valuations of Samsung Electronics and its affiliates have propelled the family's fortune, elevating them to the third-richest in Asia. This resurgence underscores the pivotal role of the tech sector in South Korea's economic landscape.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at South China Morning Post.