The Samsung founding family has completed the payment of a historic inheritance tax amounting to ₩12 trillion (approximately $8 billion), marking the largest such case in South Korea's history. This tax is linked to the estate of the late chairman Lee Kun-hee, who passed away in October 2020 and left behind assets valued at around ₩26 trillion. The family, including Lee Jae-yong (grandson of the founder), Hong Ra-hee, Lee Boo-jin, and Lee Seo-hyun, paid the tax in installments over five years, emphasizing their view of tax payment as a civic duty. South Korea imposes a high inheritance tax rate of 50%, and the total tax paid is reported to be about 1.5 times the country's projected inheritance tax revenue for 2024. Despite this significant financial obligation, the family's combined wealth has reportedly increased to over $45 billion, largely due to the robust performance of Samsung Electronics in global markets. Additionally, a portion of Lee Kun-hee's estate, which includes valuable artworks, has been donated to institutions such as the National Museum of Korea.