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Shin Dong-joo

Shin Dong-joo

S. Dong-joo
-0.06% | - $-0.73M
$1.18 B ₹ 10,728 Cr
Real Time Net Worth #2936 Ranking as of 21 Feb 2026 By Forbes

More on Shin Dong-joo

Gender

Male

Age

72Y

Country

South Korea

Born On

January, 1954

Deceased

No

Relationship Status

Married

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

No

Entrepreneur Type

Inherited (Family Wealth)

Primary Organization

Lotte Group

Titles

Shareholder

Sources of Wealth

Lotte Group

Industry

Diversified, Retail, Food & Beverage

About Shin 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.

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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.

Early Life and Background


Shin Dong-joo is a South Korean-Japanese businessman, the billionaire heir to Lotte Group, a massive multinational conglomerate spanning retail, food and beverage, chemicals, and hospitality (operating primarily in South Korea and Japan). His wealth is generational, tied to the industrial empire founded by his late father, Shin Kyuk-ho (d. 2020), in 1948.

Shin's career is defined by generational stewardship and fiduciary oversight of the complex family assets. His structural role is tied to managing the family's assets, focusing on long-term stability and industrial expansion.

  • Lotte Group (Family Heir & Shareholder): The core private asset, a massive conglomerate spanning retail, food, and hospitality (a major chaebol in Korea).
  • Lotte Holdings Japan (Former Executive): He formerly served as Vice Chairman of the Japanese holding company.
  • Controversy/Crisis: His career is marked by a high-profile, decade-long legal and corporate feud with his younger brother, Shin Dong-bin, over the control and ownership of the Lotte Group empire.
  • Investment Strategy: His philosophy is rooted in long-term asset preservation and conservative financial management.

Career Journey of Shin Dong-joo


Shin Dong-joo's structural role is centered on fiduciary stewardship of his inherited assets, ensuring the long-term, stable management of the Lotte Group legacy. The company's strategic genius lies in its commitment to vertical integration and scale consumer retail. His career has been dominated by the bitter family feud with his brother, Shin Dong-bin (the current Chairman of Lotte Group Korea), over control of the entire empire (which operates with a complex dual structure in Japan and Korea).

His wealth is secured by the colossal, long-term, stable profitability of the global retail, food and beverage, and industrial sectors.

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Shin Dong-joo's Timeline


1980s (approx.):

Shin Dong-joo assumes an executive role in the family business (Executive Ascent).

2015:

Fired from his executive positions in the Lotte Group, initiating the family feud (Corporate Crisis).

2020 (January):

His father, Shin Kyuk-ho, passes away (Succession).

Ongoing:

Continues as Patriarch and major shareholder, managing the ongoing legal battles for control (Executive Oversight).

Major Business Ventures and Investments


Shin Dong-joo's wealth is concentrated in his family's controlling stake and executive leadership of the private conglomerate, Lotte Holdings Japan and Lotte Group Korea assets.

  • Lotte Group (Family Heir & Shareholder): The core private asset, a massive conglomerate spanning retail, food, and hospitality (a major chaebol in Korea).
  • Lotte Holdings Japan (Former Executive): He formerly served as Vice Chairman of the Japanese holding company.
  • Controversy/Crisis: His career is marked by a high-profile, decade-long legal and corporate feud with his younger brother, Shin Dong-bin, over the control and ownership of the Lotte Group empire.
  • Investment Strategy: His philosophy is rooted in long-term asset preservation and conservative financial management.

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Philanthropy and Social Impact


Shin Dong-joo's social impact stems from the Lotte Group's role as one of Korea's largest conglomerates and a massive employer, providing essential retail and industrial services. The group's foundations support various educational and community initiatives across Korea and Japan.

His personal philanthropy supports various community and educational initiatives.

Fashion, Style, and Lifestyle


Shin Dong-joo maintains the professional, composed style of a corporate executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic reflects serious authority and stability, typical of a leader in the global industrial sector.

Residing in Seoul, South Korea (and Tokyo), his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to corporate governance, strategic investment, and legal strategy.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is an heir to the Lotte Group (Korean/Japanese retail, food, chemicals).
  • He has been involved in a high-profile, decade-long family feud with his brother, Shin Dong-bin, over control of the empire.
  • His father, Shin Kyuk-ho, was the founder.
  • Lotte Group is Korea's fifth-largest chaebol (conglomerate).
  • His fortune is tied to the successful generational management and stability of the retail and consumer sectors.
  • His philosophy emphasizes long-term asset preservation and conservative financial management.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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