Lee Byung-chul

Lee Byung- Chull ( born February 12, 1910 in Uiryeong, Gyeongsangnam-do, † 19 November 1987 in Seoul) was a South Korean entrepreneur and the founder of the Samsung Group.

Lee has three sons and five daughters. He was the son of a wealthy family. He enrolled in 1934 at Waseda University in Tokyo for a political science, but made ​​no statements. He used his inheritance to open a rice mill in 1936, but he was not very successful with this investment. The small import - export company Samsung Trading Company was founded by him in 1938 and 1939, he founded a logistics company, which he named Cheil. The Samsung Corporation, he founded 1948. 1965 he founded in Seoul JoongAng Ilbo daily newspaper.

In November 1955 he began the Ho - Am ( 호암 ,湖 岩) to use Artist name means " fill a room with clear water." Three years after his death, the Samsung Welfare Foundation decided to create an award in his memory, which was first awarded in 1991 and Ho -Am Prize was baptized.

He was often referred to as the richest man in Korea.