According to Forbes's 2011 list, the President of Shinsegae Group Lee Myung-Hee is the richest business woman in South Korea with a net worth of $1.6 billion. Lee is ranked as the 12th richest person in South Korea with Samsung chairman Lee Kun-Hee being the richest.

Lee is the youngest daughter of Lee Byung-Chul (Samsung group founder). Lee is married and has two kids.