Most Popular
-
1
Yoon sorry for shortcomings but insists policies were right
-
2
1 in 3 Koreans live alone, family types becoming diverse
-
3
Korea, Japan finance chiefs vow to tame rampant FX market volatility
-
4
US 'incredibly concerned' about suspected NK-Iran military ties
-
5
Korean won weakens amid heightened uncertainty
-
6
Sewol victims commemorated on tragedy's 10th anniversary
-
7
K-pop group's manager dismissed for setting up spycam in theater dressing room
-
8
Chanel, Louis Vuitton see muted growth in Korea
-
9
K-pop singer lost consciousness after being hit by foul ball, cancels show
-
10
Conservative bloc divided over Han’s role in election defeat
Relatives and associates gathered to bid a final farewell to Shin Kyuk-ho, the late founder and honorary chairman of Lotte Group, commemorating his legacy in a ceremony in Seoul on Wednesday.
Shin was a self-made entrepreneur, who built his way up to establish Lotte Group, one of the five biggest conglomerates in South Korea – the others being Samsung, Hyundai, LG and SK. He passed away Sunday at the age of 97.
More than 1,400 people participated in the ceremony held at Seoul’s Lotte World Mall, the 123-story edifice that embodies the late founder’s lifelong dream.
The late founder’s two sons, Shin Dong-bin, the chairman of Lotte Group and Shin Dong-joo, the chairman of SDJ Corporation, were also present. The estranged brothers saw each other for the first time in over a year, after waging a public battle over the control of the company.
In his eulogy, Shin Dong-bin said his late father had dedicated all his life for the employees and customers of Lotte Group, and that his family would follow in his father’s footsteps.
Before leaving for the burial site in Ulsan, the car carrying Shin’s coffin circled around Lotte World Tower.
By Jo He-rim (herim@heraldcorp.com)
![[Today’s K-pop] BTS pop-up event to come to Seoul](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=642&simg=/content/image/2024/04/17/20240417050734_0.jpg&u=)