Who are/were the most ruthless businessmen in history?

Who are/were the most ruthless businessmen in history?

The Sampoong Shopping Centre Collapse.

During South Korea’s economic boom in the 1980s, Sampoong was erected in Seoul. Originally planned to be an apartment complex, a new boss by the name of Lee Joon decided midway that he wanted it to become a shopping centre instead. This required changes to the plans, most notably the removal of several support columns so that escalators could be installed.

Due to serious constructional concerns, the construction company refused to carry out these changes, leading Lee to fire them and bringing in his own builders.

His further demands meant there were other issues with the completed building too; there was no steel skeleton or crossbeams, which meant that load couldn’t be transferred across floors. He also ordered the floor columns to be reduced to below the safe thickness, to maximise floor space, and had them spread further out—increasing the load on each—for the same reason. Three air conditioning units weighing fifteen tonnes each were installed on the roof, exceeding the load capacity by four times.

Cracks in the building started to appear just a few short years after opening, after the air conditioning units were dragged across the roof, causing cracks. By April 1995, more cracks were beginning to appear on the fifth floor too. Lee and the management’s only response was to move merchandise from the top floor to the basement.

Just a couple of months later, the cracks multiplied dramatically.

The management’s response was to close the top floors. They invited civil engineers to inspect the building, who quickly came to the conclusion that the building was at risk of collapse. The directors suggested to Lee Joon that the building be evacuated, but Lee angrily rejected the idea, saying he didn’t want to lose revenue. It was very much “one rule for them” though, as Lee was more than happy to evacuate himself alongside the other executives. Do you know who was working in the building at the time? His daughter-in-law.

He didn’t even tell her.

At 5PM on the 29th June 1995, the fifth floor ceiling began to sink. Still, Lee did not close the store or order any emergency repairs. Nearly an hour later, audible cracking sounds filled the building, prompting staff to sound the alarms and evacuate the customers. However, it was too late. The roof collapsed and the air conditioning behemoths dropped through it, smashing through each and every floor. The main columns buckled and within less than twenty seconds, the south wing of the building came crashing down, killing over 500 people and injuring over 900 more.

It took a days long rescue effort to free the trapped survivors, some of whom surviving the contemporaneous hot weather by drinking rainwater. By contrast, some of the trapped victims survived the collapse but drowned to death because of the water used to suppress the fire.

The collapse was investigated by one Professor Chung, a civil engineering professor. During his interrogation of Lee, the latter disregarded the victims and stated his primary concern was the financial damage suffered by his company. He was ultimately arrested, convicted and sentenced to ten years in prison. He only served seven but died shortly after release anyway.

Lee Joon turned ruthlessness into an art form. He was utterly selfish and devoid of humanity; it’s an incredibly rare time when I say this of anyone, but I’m glad that waste of air is dead.

More From Author

What are some examples of supreme craftsmanship?

What are some examples of supreme craftsmanship?

What kind of people exist everywhere but many people just ignore?

What kind of people exist everywhere but many people just ignore?