Descendant of Joseon Royal Family Buys $13.8 Million Mansion in the U.S.

▲A mansion located in Thousand Oaks, California, purchased for 13.8 billion KRW by Andrew Lee, a descendant of the Joseon royal family (Source: Twitter capture)

[Asia Economy Reporter Kwon Jae-hee] Andrew Lee, a Korean-American businessman and descendant of the Joseon royal family, has purchased a luxury mansion in California worth 13.8 billion KRW, according to the Los Angeles Times (LAT) on the 2nd (local time).

According to the report, Andrew Lee, a member of the Joseon royal family and founder of the virtual private network (VPN) service provider PIA, bought a mansion located in Thousand Oaks, California, for $12.6 million (approximately 13.8 billion KRW).

LAT cited the local real estate brokerage group 'Multiple Listing Service,' stating that this is the highest-priced property transaction recorded in Thousand Oaks.

The mansion purchased by Andrew Lee features seven bedrooms, thirteen bathrooms, a wine tasting room, a movie theater, and a gym, with outdoor facilities including a tennis court and a luxury swimming pool.

Born in Indianapolis, Indiana, Lee is the direct grandson of Emperor Gojong. He is also the person designated as Crown Prince by Lee Seok, chairman of the Royal Cultural Foundation, who is known as the last royal descendant.

It is reported that Lee did not know about his royal lineage because his father never told him he was a descendant of the Joseon royal family, and he only discovered his royal family background in 2013.

Following this, Lee met Chairman Lee, who was staying in the United States at the time, and Chairman Lee appointed the successful Korean-American businessman as his successor.

In 2018, Chairman Lee held a ceremony at a restaurant in Beverly Hills to officially crown Andrew Lee as Crown Prince.

Meanwhile, in April, Andrew Lee reportedly sent $100,000 to the LA Korean Association on behalf of the royal family to help Koreans economically affected by COVID-19, according to the LA Korean Association.

This content was produced with the assistance of AI translation services.