Shin Kyuk-ho/Takeo Shigemitsu
Shin Kyuk-Ho (Japanese name Takeo Shigemitsu, born 4 October 1922) is a Japanese businessman of Korean descent. He founded and led the Lotte group.
Shin is the founder of the
Lotte group. He was born in Ulsan, South Korea, 1922 and founded Lotte in 1948, which grew from selling chewing gum to children in post-war Japan to becoming a major multinational corporation with overseas branches in dozens of countries and products shipped worldwide. It is now South Korea's eighth largest conglomerate.
Shin was impressed with
Johann Wolfgang von Goethe's (1774) and named his company Lotte after the character Charlotte in the novel. The Sorrows of Young Werther
Forbes Magazine, Shin was 387th on The World's Richest People list in 2005, and moved up to 136th place in 2006. He currently resides in South Korea for odd months and in Japan for even months. [1 ]
Shin started his company two years after graduating from Waseda Jitsugyo High School (
早稲田実業学校) in Tokyo.
Personal life [ edit ]
Shin has been married three times. Shin has a total of four kids from the three marriages and he is currently married to the former celebrity Seo Mi-Kyung. His children, Shin Dong-Bin (Akio Shigemitsu), Shin Young-Ja, Shin Dong-Joo (Hiroyuki Shigemitsu), and Shin Yoo-Mi are all involved in
Lotte Group. His younger brother Shin Chun-ho is the chairman of Nongshim.
See also [ edit ]
References [ edit ]