Rank #3149
Shin Dong-joo
Net worth $1.2B
Retail · South Korea
- Born
- Jan 28, 1954
- Age
- 72
- Source
- Retail
- Residence
- Tokyo
- Citizenship
- South Korea
- Marital status
- Married
- Children
- 1
- Education
- Bachelor of Arts/Economics, Aoyama Gakuin University; Master of Business Administration, Columbia Business School
Net worth over time
Biography
- Shin Dong-joo is the eldest son of Shin Kyuk-Ho, the late founder of Lotte Group, one of South Korea's largest conglomerates.
- The retail heavyweight has interests ranging from food and beverage to chemicals, construction and professional baseball.
- In 2015, he 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.