Age, Biography and Wiki
Who is it? | Lotte Shopping |
Birth Day | February 14, 1955 |
Birth Place | Seoul, South Korea, South Korea |
Age | 69 YEARS OLD |
Birth Sign | Pisces |
Native name | 신동빈 |
Alma mater | Columbia University (M.B.A.) Aoyama Gakuin University (B.A.) |
Occupation | CEO of LOTTE Group |
Hangul | 신동빈 |
Hanja | 辛東彬 |
Revised Romanization | Sin Dong-bin |
McCune–Reischauer | Sin Tong-pin |
Net worth: $870 Million (2024)
Shin Dong-Bin, famously known as Lotte Shopping in South Korea, is on his way to becoming an accomplished business tycoon with an estimated net worth of $870 million in 2024. As the head of Lotte Shopping, one of South Korea's leading retail conglomerates, Shin Dong-Bin has diligently worked to expand and diversify the company's operations, leading to significant financial success. With his keen business acumen and leadership skills, Shin Dong-Bin has established himself as a prominent figure in the South Korean business community, contributing to the growth and development of the retail industry in the country.
Biography/Timeline
On December 22, 2017, A Seoul district court handed down to Shin a two-year suspension of a jail sentence with embezzlement and breach of trust in October 2016.
On February 13, 2018, Shin was sentenced to 30 months in prison after the Seoul Central District Court found him guilty of charges stemming from Lotte’s decision to give 7 billion South Korean won ($6.5 million) to a confidante of former President of South Korea Park Geun-hye, allegedly in exchange for government favors in providing a license to operate duty-free stores.