Samsung Chief Ranks 6th on Vanity Fair Innovators List

      October 07, 2013 12:30

      Samsung Group chairman Lee Kun-hee and his son Jae-yong rank sixth on a list of the world's top innovators by U.S. magazine Vanity Fair, the first time a Korean tycoon made the list.

      Samsung Group chairman Lee Kun-hee and his son Jae-yong

      The November edition of Vanity Fair's list of "The New Establishment 2013" ranks innovators in pop culture, finance, technology and media.

      "Amid the bruising legal battle over the violation of patents held by Apple for the iPhone, Samsung -- ruled by the father-and-son duo of Lee Kun-hee and Lee Jae-yong --has transformed itself into Cupertino's most credible challenger," it gushed.

      "As of this summer the Korean electronics giant was reportedly selling more of its smartphones than Apple was iPhones, while achieving Apple-like profits."

      First place went to Amazon CEO Jeff Bezos, followed by Google co-founders Larry Page and Sergey Brin. Apple CEO Tim Cook and senior vice president of design Jonathan Ive, who were at the top last year, fell to third place.

      Facebook CEO Mark Zuckerberg and electric carmaker Tesla Motors CEO Elon Musk rounded out the top five.

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