Lee Myung-bak Net Worth

Hyundai CEO Success

Rose to CEO of Hyundai Engineering and Construction, leading major infrastructure projects. His business success earned him the nickname 'The Bulldozer' for his efficiency.

Seoul Mayor Election

Elected mayor of Seoul, transitioning from business to politics. His ambitious urban renewal projects, including the Cheonggyecheon restoration, boosted his political profile.

South Korean Presidency

Became the 10th president of South Korea with a business-friendly platform. His election brought hope for economic reform and stronger international relations.

Free Trade Agreements

Secured major free trade agreements with the US and EU, strengthening South Korea's economy. These deals represented significant diplomatic and economic achievements.

End of Presidential Term

Completed his presidential term with mixed reviews on economic policy and North Korea relations. His approval ratings had declined significantly by the end of his tenure.

Corruption Conviction

Convicted on corruption and embezzlement charges and sentenced to 15 years in prison. The conviction severely damaged his legacy and public standing.

Prison Release

Released from prison on parole after serving time for corruption. His health issues and age factored into the decision, but controversy remained.

Tarnished Legacy

Remembered as a former president whose business achievements and early political success were overshadowed by corruption scandals. While still a notable figure in Korean political history, his legacy is complicated by his criminal conviction.