Monday, February 22, 2010

Kim Dae-jung Leaves Some Cash To His Family

This story about former President Kim Dae-jung, who died last August, says he's leavng the equivalent of $1.09 million to his family.



The fact that he's leaving a fairly large portion of cash to his family isn't too interesting. After all, he was president of South Korea as the country hit it's stride in manufacturing and global trade. It's what his family is using the money for that is pretty neat.

From the story:

'Lee plans to spend the inheritance to support projects that cherish the spirit of her deceased husband, a life-long pro-democracy leader, Choi said.
He served as president from 1998 to 2003 during which he held the first inter-Korean summit with North Korean leader Kim Jong-il.

After the summit in June 2000, he won the Nobel Peace Prize later that year in recognition of his lifelong fight for democracy and reconciliation between the two Koreas.'

So with his struggle to reconcile with the North one of his main passions, will his wife do anything with that money to help improve those relations? It's not a ton of cash on the global stage, but she might be able to make an impact in Korea if she is smart about it. We'll see what she does.

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