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The man responsible for turning Samsung into one of the world's most successful companies has died at the age of 99.
Lee Byung-Chul, who founded the company in 1910 and became its chairman in 1960, died at his home in Suwon, South Korea, of complications from pneumonia, reports the New York Times.
The cause of his death isn't clear, but he had a number of health problems, including a heart condition that prevented him from traveling for several years, the Times notes.
He had a number of nicknames, including "the father of cellphones" and "the founder of South Korea," the Times notes.
"He was known as a visionary leader who became passionate about pushing limits and challenging the status quo because of his unshakable determination to excel and rigorous work ethic, which distinguished him from his contemporaries," according to an introduction to a book on Byung-Chul.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
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Social Enterprises: Key to Enhancing a Nation’s Health
Glasgow Caledonian University (GCU) has launched a series of noteworthy research projects to learn if social enterprises can help Scotland lose its “sick man of Europe” label and boost the nation’s overall health.
