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Shin Dong-joo

Shin Dong-joo

0% | $ 0M
S. Dong-joo
Rank
#0
Net Worth
$00.0B
Gender
Male
Age
71Y
Country
South Korea
Born On
January, 1954
Deceased
No
Relationship Status
Married
Children
Unknown
Education

Unknown

Designation Info :

Self-Made
No
Type
Inherited (Family Wealth)
Organization Name
Lotte Group
Title
Shareholder
Source

Lotte Group

Industry
Diversified, Retail, Food & Beverage

About S. Dong-joo


S hin Dong-joo is a South Korean-Japanese businessman and the eldest son of the late Shin Kyuk-ho, the founder of the Lotte Group, a massive conglomerate with operations in South Korea and Japan. For many years, he was considered the heir apparent to his father's empire and served as the vice chairman of Lotte Holdings in Japan, overseeing the group's original confectionary and real estate businesses.

However, his career was upended by a bitter and highly public succession battle with his younger brother, Shin Dong-bin. In 2015, his father removed him from his leadership positions, and the board of Lotte Holdings sided with his younger brother, who ultimately took control of the entire Lotte Group. Since being ousted, Shin Dong-joo has launched numerous unsuccessful legal challenges and shareholder campaigns to try and regain control of the company. His wealth is derived from his inherited stake in the Lotte Group's various entities, but he no longer holds any executive power within the conglomerate his father built.

Quick Reads


  • Eldest son of Shin Kyuk-ho, the founder of the Lotte Group.
  • Was formerly the vice chairman of Lotte's Japanese operations.
  • Lost a widely publicized succession battle for control of the group to his younger brother, Shin Dong-bin.
  • Has since launched multiple failed attempts to regain control.
  • His fortune is based on his inherited shares in the Lotte conglomerate.

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