Chong Moon Lee

Chong Moon Lee (, born 1928) is an American entrepreneur and philanthropist. He founded Diamond Multimedia in 1982; after stepping down from Diamond, he founded AmBex Venture Partners in 1996.

Early life Lee was born in Dangjin, near Seoul, on August 1, 1928, to a father who traded Chinese herbal medicine. He was the youngest of five children. Leaving school at 12 because his family could not afford the fees, Lee spent his "teenage years repairing fishing boats, mixing and slicing Chinese herbs and cleaning a pawnshop."

Career During the Korean War, Lee worked as a translator for the United States Army. it was later redesigned to fit in Tandy 1000 personal computers and released in January 1986.

Lee would later shift the focus of his company to multimedia in 1988, at Tandy's suggestion.

AmBex Venture Partners In January 1995, Lee sold a majority stake in Diamond to Summitt Associates; with part of the $92 million he received, he started a venture capital firm named AmBex Venture Partners. He started the Asia-Pacific Information Technology Summit in 1997 to bring senior Asian and American businesspeople and officials together.

Personal life Lee lives in Portola Valley with his second wife, Reiko.

Philanthropy Lee contributed $15 million in 1995 to the Asian Art Museum of San Francisco,

Awards and honorary degrees John F. Kennedy University: PhD, Economics (1996) University of Seoul: PhD, Engineering (1998) Order of Civil Merit, 1st Grade (1999) Seton Hall University: PhD, Philosophy (2001) Chung-Ang University: PhD, Business Management (2005) Korea Advanced Institute of Science and Technology: PhD, Engineering (2007)