Is Shin Dong-Bin a millionaire?

Short Presentation

Shin Dong-Bin is a prominent South Korean businessman and the chairman of Lotte Group, one of the largest conglomerates in South Korea. He is known for his strategic leadership and efforts to globalize the business.

Early Life

Shin Dong-Bin was born on February 14, 1955, in Tokyo, Japan. He is the second son of Shin Kyuk-ho, the founder of the Lotte Group. He spent his early years in Japan and later pursued higher education in the United States.

Personal Life

Shin Dong-Bin is married and has children. He maintains a relatively private personal life and is known to focus intensely on his professional responsibilities.

Professional Life

Shin Dong-Bin played a crucial role in expanding Lotte Group's global presence. Under his leadership, the conglomerate diversified into various sectors including retail, food, and entertainment, making significant acquisitions and investments abroad.

What Are Shin Dong-Bin's Notable Achievements?

Shin Dong-Bin successfully led the expansion of Lotte Group into international markets, particularly in Southeast Asia and the United States. He also played a key role in the development of Lotte World Tower, one of the tallest buildings in the world.

Has Shin Dong-Bin Been Involved in Any Scandals?

Shin Dong-Bin has faced legal challenges, including a conviction for bribery in 2018, which led to a brief imprisonment. However, he was later released on appeal and continues to lead Lotte Group.