Seoul                                                                                                                                                                                                      21 May 2018                                                                                                                                                                                       (Yonhap News)

Prominent South Korean businessmen and politicians paid their respects to late LG Group Chairman Koo Bon-moo on Monday, expressing their condolences to family members of the deceased.

Koo died on Sunday at the age of 73, with LG Group spokespersons saying the businessman died peacefully while his family watched on. Koo had several brain surgeries earlier this year, and was recently hospitalized when his condition deteriorated.

He is the grandson of the LG Group’s founder Koo In-hwoi and had led South Korea’s fourth largest conglomerate for more than two decades.

SK Group Chairman Chey Tae-won and Hyundai Motor Group Vice Chairman Chun Eui-sun visited the funeral hall at Seoul National University Hospital earlier in the day, cherishing memories of Koo.

Samsung Electronics Vice Chairman Lee Jae-yong made a visit on Sunday to express his condolences.

Korea Employers Federation Chairman Sohn Kyung-shik came to meet with relatives and described the late tycoon as a “big star” for the country’s economy.

Former United Nations Secretary General Ban Ki-moon paid tribute to the late chairman, saying Koo left many great examples for local companies.

Key LG officials, including LG Electronics CEO Jo Seong-jin, LG Display CEO Han Sang-beom and LG Chem CEO Park Jin-soo, visited the funeral hall.

Koo is survived by his wife, two daughters and 40-year-old adopted son Koo Kwang-mo, who is seen as the heir to the LG conglomerate.

LG Group said the late chairman will be taken to an undisclosed burial place on Tuesday.