South Korea's Lotte family ranks fifth among South Korea's many large chaebols, after Samsung, Hyundai, SK and LG. These big chaebols in South Korea control the economic lifeline of the entire country. They are rich and powerful, and they are even above the law.

2024/04/2907:42:32 history 1907

South Korea's Lotte family ranks fifth among the many large chaebols in South Korea, after Samsung , Hyundai, SK and LG.

These big chaebols in South Korea control the economic lifeline of the entire country. They are rich and powerful, and they are even above the law.

South Korea's Lotte family ranks fifth among South Korea's many large chaebols, after Samsung, Hyundai, SK and LG. These big chaebols in South Korea control the economic lifeline of the entire country. They are rich and powerful, and they are even above the law. - DayDayNews

Once capital cannot be restrained, evil will breed.

Looking at the development history of the entire Lotte family, is like a dirty, ugly bloody drama . There is nothing you can't think of, and there is nothing they can't do.

South Korea's Lotte family ranks fifth among South Korea's many large chaebols, after Samsung, Hyundai, SK and LG. These big chaebols in South Korea control the economic lifeline of the entire country. They are rich and powerful, and they are even above the law. - DayDayNews

The founder of Rakuten Group is Singh Hao .

The history of Xinghao's fortune fully explains what it means to be mercenary. If you have milk, you will be a mother.

In 1921, Sing Hao was born in an ordinary family in South Korea.

When he was 20 years old, he married a Korean woman named Lu Shunhua. The two had a daughter, Xin Yingzi.

South Korea's Lotte family ranks fifth among South Korea's many large chaebols, after Samsung, Hyundai, SK and LG. These big chaebols in South Korea control the economic lifeline of the entire country. They are rich and powerful, and they are even above the law. - DayDayNews

Singh Hao is smart and quick-witted. He was admitted to Waseda University in Japan at the age of 21.

He came to Japan alone to study, working and studying at the same time, and he has a good business acumen.

In 1944, an angel investor took a fancy to his ability and lent him 50,000 yen to help him set up a factory.

But the factory was blown up just after it was established.

After a bad start, Singhao was not discouraged. With the support of investors, he started over bit by bit, and the factory was finally built and soon became profitable.

South Korea's Lotte family ranks fifth among South Korea's many large chaebols, after Samsung, Hyundai, SK and LG. These big chaebols in South Korea control the economic lifeline of the entire country. They are rich and powerful, and they are even above the law. - DayDayNews

After Japan's defeat, Singer Hao saw chewing gum for the first time from the US military stationed in Japan.

He realized that this was a good business opportunity and opened the first company of Lotte Group, which mainly produced chewing gum.

At this time, Singh Hao was just an ordinary businessman, and was discriminated against in Japan because he was Korean. It was not easy to make the company bigger and stronger.

South Korea's Lotte family ranks fifth among South Korea's many large chaebols, after Samsung, Hyundai, SK and LG. These big chaebols in South Korea control the economic lifeline of the entire country. They are rich and powerful, and they are even above the law. - DayDayNews

Singh Hao had a crooked idea and wanted to have a thick leg to save him decades of struggle.

Not many people know the name Shigemitsu Aoi , but most people know this photo.

This photo was taken on September 2, 1945. It was the surrender ceremony held on the USS Missouri after the defeat of the Japanese army.

South Korea's Lotte family ranks fifth among South Korea's many large chaebols, after Samsung, Hyundai, SK and LG. These big chaebols in South Korea control the economic lifeline of the entire country. They are rich and powerful, and they are even above the law. - DayDayNews

The skinny person in the photo who signed the surrender document with his head lowered is Aoi Shigemitsu.

Shigemitsu Aoi served as Japan's foreign minister, deputy prime minister of Manchukuo, and minister to China during World War II. He was a Japanese class-A war criminal.

After the end of World War II, Aoi Shigemitsu became a puppet of the United States in controlling Japan.

Shigemitsu Aoi slept with an American. Not only was she not punished, she became more powerful and had a higher status than before.

South Korea's Lotte family ranks fifth among South Korea's many large chaebols, after Samsung, Hyundai, SK and LG. These big chaebols in South Korea control the economic lifeline of the entire country. They are rich and powerful, and they are even above the law. - DayDayNews

Singhao set his sights on the Chongguang family.

As a man, if he wants to get close to Shigemitsu Aoi and use the power of the Shigemitsu family to develop himself, the most direct and effective way is to marry a woman from the Shigemitsu family.

At that time, Singhhao was already married and had children, and this path seemed unworkable.

But in Xinghao's view, power and money are the most important. With these, any woman can have another child.

South Korea's Lotte family ranks fifth among South Korea's many large chaebols, after Samsung, Hyundai, SK and LG. These big chaebols in South Korea control the economic lifeline of the entire country. They are rich and powerful, and they are even above the law. - DayDayNews

He decisively divorced his first wife and began to pursue Shigemitsu Aoi's niece, Shigemitsu Hatsuko.

When he was young, Xinghao was also a handsome guy. He was talented, sweet-talking, hard-working and knew how to get things done. He quickly won the heart of Shigemitsu's first son and was recognized by the Shigemitsu family.

In order to let the Shigemitsu family fully help him, Singer Hao chose to marry into the family and changed his name to Takeo Shigemitsu.

South Korea's Lotte family ranks fifth among South Korea's many large chaebols, after Samsung, Hyundai, SK and LG. These big chaebols in South Korea control the economic lifeline of the entire country. They are rich and powerful, and they are even above the law. - DayDayNews

Xinghao will do anything for money and power, and he doesn't even recognize his ancestors.

With the help of the Shigemitsu family, Lotte Group has grown rapidly in Japan.

After the normalization of diplomatic relations between South Korea and Japan, relied on Aoi Shigemitsu's influence in the political circles, Singhao also established a relationship with senior Korean political circles.

South Korea's Lotte family ranks fifth among South Korea's many large chaebols, after Samsung, Hyundai, SK and LG. These big chaebols in South Korea control the economic lifeline of the entire country. They are rich and powerful, and they are even above the law. - DayDayNews

In 1967, Singhao returned to South Korea to develop.

Singer Ho is very business-savvy and ambitious, and has received support from the political circles of Japan and South Korea. The scope of Lotte Group's operations is getting wider and wider, covering more and more fields, and it has rapidly developed into a world-renowned multinational group.

South Korea’s big chaebols have controlled South Korea’s economy. Even successive South Korean governments have been unable to do anything to them. Laws are useless to them.

South Korea's Lotte family ranks fifth among South Korea's many large chaebols, after Samsung, Hyundai, SK and LG. These big chaebols in South Korea control the economic lifeline of the entire country. They are rich and powerful, and they are even above the law. - DayDayNews

Korean actress Zhang Ziyan , tall, young and beautiful.

In 2006, Jang Ja Yeon shot a snack commercial for Lotte Group. Her beautiful appearance attracted people's attention and she entered the entertainment industry.

South Korea's Lotte family ranks fifth among South Korea's many large chaebols, after Samsung, Hyundai, SK and LG. These big chaebols in South Korea control the economic lifeline of the entire country. They are rich and powerful, and they are even above the law. - DayDayNews

only stayed in the entertainment industry for 3 years. In 2009, 29-year-old Zhang Ziyan committed suicide.

In 2011, many letters written by Jang Ja Yeon to friends during her lifetime were released on a Korean news program. The general content of

's letter is that she was forced to provide hundreds of services to 31 people in the 4 years before her death.

South Korea's Lotte family ranks fifth among South Korea's many large chaebols, after Samsung, Hyundai, SK and LG. These big chaebols in South Korea control the economic lifeline of the entire country. They are rich and powerful, and they are even above the law. - DayDayNews

’s suicide note mentioned many perverted plots that can be called human tragedies.

is also required to provide services on the anniversary of her mother's death and during her menstrual period.

was required to serve multiple people at the same time, was forced to drink drugs, and was beaten until she became incontinent and unable to walk, etc.

The 31 people Zhang Ziyan was forced to serve were all powerful people, and the names of Singer Hao and his second son Xin Dongbin were prominently listed.

South Korea's Lotte family ranks fifth among South Korea's many large chaebols, after Samsung, Hyundai, SK and LG. These big chaebols in South Korea control the economic lifeline of the entire country. They are rich and powerful, and they are even above the law. - DayDayNews

Calculated by age, Singh Hao was already in his 80s at the time.

Over 80 years old, it is still so ridiculous and shameless. Behind this is the almighty capital supporting it.

The way these people treated Jang Ja Yeon was perverted and cruel, and Lotte Group's image declined sharply.

South Korea's Lotte family ranks fifth among South Korea's many large chaebols, after Samsung, Hyundai, SK and LG. These big chaebols in South Korea control the economic lifeline of the entire country. They are rich and powerful, and they are even above the law. - DayDayNews

The impact of the Zhang Ziyan case was very bad, but because all involved were big chaebols and big shots, it had to be left alone in the end.

The public was very angry about this and many times signed a petition calling for a thorough investigation into the matter. The then President Moon Jae-in was also determined to investigate the case thoroughly.

ultimately failed to compete for capital.

Only Zhang Ziyan's original agent and boss were fined a small amount of money, and the others were not punished in any way.

South Korea's Lotte family ranks fifth among South Korea's many large chaebols, after Samsung, Hyundai, SK and LG. These big chaebols in South Korea control the economic lifeline of the entire country. They are rich and powerful, and they are even above the law. - DayDayNews

The father and son are actually the same actress. It can be said that like father, like son, the upper beam is not straight and the lower beam is crooked.

Xinghao disowned his relatives for money and power, regardless of family ties. His son also learned this trick, and he also tasted the feeling of being betrayed by his relatives.

Singhao and Chongguang Chuzi gave birth to two sons after their marriage, the eldest son Xin Dongzhu and the second son Xin Dongbin.

South Korea's Lotte family ranks fifth among South Korea's many large chaebols, after Samsung, Hyundai, SK and LG. These big chaebols in South Korea control the economic lifeline of the entire country. They are rich and powerful, and they are even above the law. - DayDayNews

When Sing-ho returned to South Korea to develop, ’s eldest son Shin Dong-ju and his mother stayed in Japan. Shin Dong-joo is responsible for Lotte Group’s business in Japan, while Shin Dong-bin is responsible for the group’s business in South Korea.

Xin Dongbin is not a little bit more capable than his brother. The turnover of Rakuten in South Korea that he is responsible for is much higher than that of Rakuten in Japan.

South Korea's Lotte family ranks fifth among South Korea's many large chaebols, after Samsung, Hyundai, SK and LG. These big chaebols in South Korea control the economic lifeline of the entire country. They are rich and powerful, and they are even above the law. - DayDayNews

Xinghao likes his eldest son and follows tradition. Of course, he wants Dongzhu Xin to inherit the family business.

Chongguang’s first son prefers his younger son, and Xin Dongbin is indeed very up to date.

Dongzhu Xin felt that his position was threatened and decided to strike first.

While his father and younger brother were worried about the Zhang Ziyan case, he came up with the idea of ​​​​Lotte Korea and began to secretly acquire its shares.

South Korea's Lotte family ranks fifth among South Korea's many large chaebols, after Samsung, Hyundai, SK and LG. These big chaebols in South Korea control the economic lifeline of the entire country. They are rich and powerful, and they are even above the law. - DayDayNews

Xin Dongbin was more ruthless than his brother. After knowing that he secretly acquired shares, relying on his influence in Lotte , and other shareholders directly removed Dongzhu Xin from all his positions in Lotte.

Singhao was very angry when he found out. The 93-year-old decided to personally stand up for his eldest son.

South Korea's Lotte family ranks fifth among South Korea's many large chaebols, after Samsung, Hyundai, SK and LG. These big chaebols in South Korea control the economic lifeline of the entire country. They are rich and powerful, and they are even above the law. - DayDayNews

Xin Dongbin didn't give his father a chance to take action at all. He directly convened the board of directors and even removed his father's position.

This power struggle that shocked the entire South Korea ended with Xin Dongbin's victory.

South Korea's Lotte family ranks fifth among South Korea's many large chaebols, after Samsung, Hyundai, SK and LG. These big chaebols in South Korea control the economic lifeline of the entire country. They are rich and powerful, and they are even above the law. - DayDayNews

This is just the tip of the iceberg. There are many more scandals in Lotte Group, including embezzlement of public funds, tax evasion, bribery and so on.

blindly pursues money and power, and is in a country where capital is above the law. It is inevitable that Lotte Group will be involved in scandals.

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