Billionaire Profile
Lee Jay-hyun
Global Rank
#2396

Image: United States Congress | Public domain | via Wikimedia Commons

Lee Jay-hyun

CEO, food products
SOUTH KOREA
Real-Time Net Worth
$1.608B
Estimated based on food products stock value as of March 6, 2026
-2.19% (24h)
Age
65
Source
food products, entertainment
Industry
Diversified
Citizenship
SOUTH KOREA

Biography

Lee Jay-hyun, born in Seoul on March 19, 1960, is the Chairman of CJ Group, a major South Korean conglomerate. As the eldest grandson of Samsung's founder, Lee Byung-chull, he has transformed CJ Group into a diversified entity with interests in food products, entertainment, logistics, and biotechnology. His career includes a stint at Citibank, followed by joining the family business, CheilJedang, in 1985. He spearheaded CJ Group's expansion and, despite a past conviction for tax evasion, continues to lead the company. His net worth is estimated to be $1.8 billion, and his source of wealth includes food products and entertainment. Lee is married with two children.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Lee Jay-hyun was born in Seoul, South Korea, on March 19, 1960. He is the eldest grandson of Lee Byung-chull, the founder of Samsung Group. His father, Lee Maeng-hee, was the eldest son of Lee Byung-chull. Lee attended Kyungbock High School and later graduated from Korea University with a law degree.

Rise to Success

Lee began his career at Citibank in 1983. In 1985, he joined CheilJedang, the family business, at the request of his grandfather. He briefly held positions at Samsung Electronics before taking over the helm of CJ Group in the late 1990s after its spin-off from Samsung Group. Under his leadership, CJ Group transformed into South Korea's 13th-largest conglomerate, expanding into food and beverage, entertainment, media, and biotechnology sectors.

Key Business Strategies

Lee spearheaded the diversification and expansion of CJ Group. He focused on strategic mergers and acquisitions, as well as organizational restructuring to strengthen the company's position in various sectors. He also launched and promoted the "bibigo" brand, which has become a global Korean cuisine brand. Lee's leadership was also marked by a focus on innovation and adapting to market trends.

Philanthropy

Lee Jay-hyun established the CJ Donors Camp in 2005 and the CJ Culture Foundation in 2006. He has contributed to academia through the Lee Family Scholarship at Columbia College.

Career Milestones

1983

Career Start

Began career at Citibank.

1985

Joined CheilJedang

Joined CheilJedang, the family business.

1997

CEO of Cheil Jedang

Promoted to Vice President and CEO of Cheil Jedang.

2002

Chairman and CEO of CJ Group

Became Chairman and CEO of CJ Group.

2014

Conviction and Imprisonment

Sentenced to jail for tax evasion and embezzlement.

2016

Pardon

Pardoned by the President of South Korea.

2017

Returned to Management

Returned to the front lines of CJ Group management.

Philanthropy & Social Impact

Social Welfare

CJ Donors Camp

Undisclosed

Founded CJ Donors Camp

Culture and Arts

CJ Culture Foundation

Undisclosed

Established CJ Culture Foundation

Education

Lee Family Scholarship

Undisclosed

Contributed to academia through the Lee Family Scholarship at Columbia College

Controversies & Challenges

2014

Tax Evasion and Embezzlement

Sentenced to prison for tax evasion and embezzlement.

2025

Tax Evasion Probe

Facing a new tax evasion probe over Swiss bank accounts.