Shin Kyuk-ho (3 November 1921 – 19 January 2020), known in Japan as Takeo Shigemitsu (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.[5] Driven by a lifelong desire to contribute to his homeland, South Korea (Republic of Korea), his dream of the Lotte World Tower, the sixth tallest building in the world and the highest in the Korean peninsula, was realized in 2016, and he died in 2020.[6]