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Reading: Who’s Lee Jae-myung? Meet South Korea’s newly elected president
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StockWaves > Business > Who’s Lee Jae-myung? Meet South Korea’s newly elected president
Business

Who’s Lee Jae-myung? Meet South Korea’s newly elected president

StockWaves By StockWaves Last updated: June 3, 2025 2 Min Read
Who’s Lee Jae-myung? Meet South Korea’s newly elected president
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Lee Jae-myung, the Liberal candidate contesting in South Korea’s snap elections, has reportedly claimed victory on June 3. This victory comes quickly after Suk Yeol’s impeachment over a failed martial legislation decree, which plunged the nation into a serious political disaster. When 70% of the votes have been counted, Lee had already held a powerful lead at 48.523%, which prompted his election rival, Kim Moon-soo, to concede defeat at an early stage.

Who’s Lee Jae-myung, South Korea’s successful Presidential candidate?

The journey of Lee Jae-myung has been extra of a “rags to riches” story. Born in 1963 into poverty, Lee began manufacturing facility work after main college, the place he suffered everlasting arm accidents in industrial accidents. Later, he earned a legislation diploma by way of self-study and have become a human rights lawyer earlier than coming into politics.

His political profession started because the mayor of Seongnam in 2010. He later ruled the Gyeonggi Province, South Korea’s most populous area. He narrowly misplaced the 2022 presidential election to Yoon Suk Yeol, however the tables have now turned following the nation’s political chaos.

Throughout December 2024’s martial legislation disaster, Lee livestreamed climbing the Nationwide Meeting fence. This act fueled the motion to question Yoon. His marketing campaign centered on stopping future authoritarian overreach. He pledges to revitalize the economic system amid US tariff threats. He additionally seeks constitutional adjustments permitting two four-year presidential phrases.  Lee goals to stability US ties with engagement towards China and North Korea by way of diplomatic initiatives, in accordance with stories.

(This can be a growing story. Please come again for extra info.) 

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