Name
Shin Dong-joo
Shin Dong-joo
Tokyo, Japan
Bachelor of Arts/Economics, Aoyama Gakuin University | Master of Business Administration, Columbia Business School
South Korea
Lotte Shopping
retail
$915,000,000
2057
#45 Korea's 50 Richest 2019
#2057 Billionaires 2019
Shin Dong-joo is the eldest son of Shin Kyuk-Ho, who founded Lotte Group, South Korea's fifth largest conglomerate. Lotte Group is South Korea's largest retailer and has interests ranging from food and beverages to chemicals, construction and professional baseball. In early 2015 Shin Dong-joo was dismissed from his executive positions in the group after a bitter feud with his brother Dong-Bin.
Lotte started as a confectionery manufacturer in Japan in 1948 and expanded into South Korea in 1967. At the start of his career he worked for Mitsubishi in Japan in 1978.
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