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flag Samsung’s Lee family to sell $1.2B in shares to pay taxes and loans after Lee Kun-hee’s 2020 death.

flag The family of Samsung Electronics Chairman Jay Y. Lee plans to sell 17.7 million shares worth about $1.22 billion to help cover inheritance taxes and loan repayments tied to the 2020 death of founder Lee Kun-hee, according to a regulatory filing. flag The sale, managed by Shinhan Bank and expected by April 2026, comes as Samsung’s stock has surged over 84% this year, boosted by major chip supply deals with Tesla, OpenAI, and anticipated contracts with Nvidia. flag The move has raised concerns among retail investors, who hold a significant portion of the stock and have watched the company’s rally with anticipation.

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