Early Life
Shin Dong-joo was born in Tokyo, Japan, on January 28, 1954. He is the eldest son of Shin Kyuk-ho, the founder of the Lotte Group. His mother is Shigemitsu Hatsuko. He spent his childhood in Japan and is mostly known by his Japanese name, Shigemitsu Hiroyuki. Shin graduated from Aoyama Gakuin Senior High School in 1972. He pursued higher education at Aoyama Gakuin University, earning a bachelor's degree in 1976 and a master's degree in 1978. He also obtained a Master of Business Administration from Columbia Business School.
Rise to Success
Shin Dong-joo began his career in 1978 at Mitsubishi Corporation. In 1987, he joined Lotte Corporation, and subsequently became a director in 1988. He advanced through the ranks, becoming an executive director in 1991, vice president in 2001, and vice chairman of Lotte Holdings in 2009. In 2011, he was appointed vice chairman and president of Lotte International. However, a significant family feud with his younger brother, Shin Dong-bin, over the control of Lotte Group led to his dismissal from executive positions in 2015.
Key Business Strategies
During his tenure, Shin was involved in various executive roles within Lotte Group. He played a role in the expansion of Lotte's operations. After being ousted from Lotte Group, Shin has been attempting to regain control of the group. He has been trying to persuade shareholders and has filed multiple lawsuits.
Philanthropy
Information on Shin Dong-joo's philanthropic efforts is limited. He is known to have been the chairman of Lotte International Scholarship Foundation.
