A Samsung statement said Lee died on Sunday with his family members, including his son and de facto company chief Lee Jae-yong, by his side.
Lee Kun-Hee had been hospitalized since May 2014 after suffering a heart attack and the younger Lee has run Samsung, the biggest company in South Korea.
'All of us at Samsung will cherish his memory and are grateful for the journey we shared with him,' the Samsung statement said. 'Our deepest sympathies are with his family, relatives and those nearest. His legacy will be everlasting.'
He was 78.
May his soul rest in peacenand his legacy live on- AMEN.
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