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Hong Ra-hee, the widow of the late Samsung Group Chairman Lee Kun-hee, has recently sold 15 million shares of Samsung Electronics via block trading, with the transaction amounting to nearly KRW 3.1 trillion. Post-sale, her ownership stake in the company has decreased from 1.49% to 1.24%. This move signifies the official completion of the Samsung family's five-year plan to settle inheritance tax, which totals approximately KRW 12 trillion. Since April 2021, Hong Ra-hee and her children have been meeting their tax liabilities in six separate installments, utilizing a combination of equity sales and pledge loans. With the final installment now paid, it is anticipated that the pressure to divest the Samsung family's core equity holdings will be significantly reduced.
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