President Lee Myung - won to donate $ 100 million , the bulk of his wealth , to charity . President 's office says money will be used to set up youth scholarship program . Lee promised to donate money in 2007 when accused of illegally taking fortune . He was since been cleared of all charges .
President Lee Myung-Bak to donate $ 26 million , the bulk of his wealth , to charity . President 's office says money will be used to set up youth scholarship program . Lee promised to donate wealth in 2007 when accused of illegally amassing fortune . He was since been cleared of all charges .