Shin Kyuk-ho

Shin Kyuk-ho (Korean: 신격호; 3 November 1921 – 19 January 2020), known in Japan as Shigemitsu Takeo (重光 武雄),[2] was a Zainichi Korean businessman known for being the founder of the South Korean-Japanese conglomerate Lotte Corporation (Group), now one of the largest chaebols in South Korea.

[3] During the bubble economy of Japan from the 1980s to the 1990s, he became the fourth wealthiest person in the world according to American business magazine Forbes in 1988,[4] setting the record for the greatest wealth ever achieved by a Korean.

[2] After the plant was destroyed during an air raid,[citation needed] Shin was rendered an unemployed college graduate until he founded Lotte in 1948.

[16] 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.

[22] Shin was also married to Seo Mi-Kyung in South Korea under the country's common-law marriage system.