Age, Biography and Wiki
Shin Kyuk-ho was born on 4 October, 1921 in Urusan, South Keisho, Korea, is a Founder. Discover Shin Kyuk-ho's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 99 years old?
Popular As |
N/A |
Occupation |
Businessman |
Age |
98 years old |
Zodiac Sign |
Libra |
Born |
4 October, 1921 |
Birthday |
4 October |
Birthplace |
Urusan, South Keisho, Korea |
Date of death |
January 19, 2020 |
Died Place |
Seoul, South Korea |
Nationality |
Japan |
We recommend you to check the complete list of Famous People born on 4 October.
He is a member of famous Founder with the age 98 years old group.
Shin Kyuk-ho Height, Weight & Measurements
At 98 years old, Shin Kyuk-ho height not available right now. We will update Shin Kyuk-ho's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
Physical Status |
Height |
Not Available |
Weight |
Not Available |
Body Measurements |
Not Available |
Eye Color |
Not Available |
Hair Color |
Not Available |
Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
Family |
Parents |
Not Available |
Wife |
Not Available |
Sibling |
Not Available |
Children |
4, including Shin Dong-bin |
Shin Kyuk-ho Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Shin Kyuk-ho worth at the age of 98 years old? Shin Kyuk-ho’s income source is mostly from being a successful Founder. He is from Japan. We have estimated
Shin Kyuk-ho's net worth
, money, salary, income, and assets.
Net Worth in 2023 |
$1 Million - $5 Million |
Salary in 2023 |
Under Review |
Net Worth in 2022 |
Pending |
Salary in 2022 |
Under Review |
House |
Not Available |
Cars |
Not Available |
Source of Income |
Founder |
Shin Kyuk-ho Social Network
Instagram |
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Twitter |
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Facebook |
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Wikipedia |
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Imdb |
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Timeline
In June 2017, Shin retired from his role as board director of Lotte Holdings Co. after holding the position for nearly 70 years.
In December 2017, he was sentenced to four years in prison after he was convicted of embezzling 128.6 billion won (119 million USD) from Lotte. However, Shin was allowed to remain free given his poor health.
In 2006, Shin and his family were ranked 136th on Forbes magazine's list, "The World's Billionaires." In 2009, Shin was ranked 38th on the magazine's list of South Korea's richest people. Lotte itself was South Korea's fifth largest conglomerate as of 2017.
Shin had a total of four children from three marriages. His first wife, Noh Soon-hwa, died in 1949. They had one daughter, Shin Young-ja (born 1944). Shin then married a Japanese woman, Hatsuko Shigemitsu, in 1952 under the common-law marriage system. They had two sons, Shin Dong-joo (born 1954) and Shin Dong-bin (born 1956). Shin was also married to Seo Mi-Kyung in South Korea under the country's common-law marriage system. They had one daughter, Shin Yu-mi (born 1982). Because of this bigamic common-law marriage status, some regard Seo Mi-Kyung as a concubine of Shin Kyuk-ho. Shin Dong-bin, second son of Shin Kyuk-ho and Hatsuko Shigemitsu, referred to Seo Mi-Kyung as "My father's girlfriend".
Shin Kyuk-ho (4 October 1921 – 19 January 2020), known in Japan as Takeo Shigemitsu, was a South Korean businessman known for being the founder of the South Korean-Japanese conglomerate Lotte Corporation, one of the largest chaebols in South Korea.
Shin was born in Ulsan, Korea in 1921. He was the first of five sons and five daughters. Among his siblings were Shin Choon-ho, founder of South Korean food conglomerate Nongshim. In 1941, he stowed away on a ship to Japan, where he studied chemical engineering at Waseda Jitsugyo High school. He adopted the Japanese name Takeo Shigemitsu and opened a rice cooker manufacturing plant in 1942. After the plant was destroyed during an air raid, Shin founded Lotte in 1948 and expanded to South Korea in 1967. It grew from selling chewing gum to becoming a major multinational corporation.