Jay Y. Lee has an estimated net worth of $8.03 billion as of July 2017, according to Bloomberg. Known for his low-profile like his father Lee Kun Hee, Jay Y. Lee, has finally succeeded as the President and Chief Executive Officer of Samsung Electronics in 2010. Samsung Electronics is owned by Samsung Group where Lee Kun Hee serves as the Chairman.  Samsung is considered as the largest memory chip maker in South Korea.

Jay Y. Lee started his career at Samsung Electronics in 1991 until he became the President in 2010. Samsung is making a huge profit in the sale of its Galaxy S Smartphones and other mobile phones. Just recently, its Chairman Lee Kun Hee, is facing a legal battle filed by his siblings who claimed that they own a great portion of Samsung's assets which amounts to around $1 billion through inheritance from their father.

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