As the fifth-largest company in South Korea, Lotte Group derives about 30% of its sales from China, employing about 20,000 people in China. The turmoil caused by The signing of the "THAAD" land use agreement by South Korea's Lotte Group continues to ferment. In the past few weeks, as of March 20, Lotte has voluntarily closed about 20 stores in China, after 67 lotte malls in China were ordered to close due to fire rectification.
In addition to being involved in foreign affairs, the Lotte family was also tried on charges of tax evasion and embezzlement. On March 20, a family of five was summoned by South Korean prosecutors, and 95-year-old group founder Shin Ge-ho arrived in a wheelchair. While it's not unusual for the president of a large consortium to stand in court, it's truly "unprecedented" that an entire family member like Lotte Group has been charged!
This year marks the 50th anniversary of Lotte Group's presence in South Korea, and they will be celebrating it. Repeatedly put on the big things, the roof leaks in the overnight rain ~ Xiaobian can only say: As a typical example of failure, you are too successful!
The founder of the group, Xin Gehao, the actual controller of the group, Xin Dongbin, the former vice president of Lotte Holdings, and Xu Meijing, the third wife of Xin Gehao
Father and son demolished the stage, mother and father confronted each other, brothers fought infighting, and executives committed suicide. In fact, when you have seen the infighting of the Lotte family, you will really believe that the bridges in "The Heirs" are not arbitrarily fabricated, or even worse.
Married to the niece of a Class A war criminal of World War II, he became one of the high society
In 1942, at the age of 20, Singh-ho came to Japan to begin a part-time work and part-time study. Later, because of the financial support of an "angel borrower", he also opened a factory. Even discovered the chewing gum business opportunities brought by the US military in Japan. In 1948, the first company of the Rakuten Group, the Japan Fruit Making Company, was established.
However, as a foreigner, Singhho was always ostracized by the Japanese. So he found a "patron". In the 1950s, Singhō married a Japanese woman, Hatsuko Shigemitsu. For this marriage, there are two theories, one is that Singh Hao did not divorce his wife Lu Shunhua, but married his first son, which is bigamy. One is that Singh Hao paid a rich price for support, and divorced Lu Shunhua and remarried his first son. In 1960, Lu Shunhua died in his early forties.
After marrying his second wife, Shigemitsu Hatsuko, Singhō then changed his Japanese name to Takeo Shigemitsu and joined the Shigemitsu clan.
Hatsuko's uncle was Ae Shigemitsu, a Class-A war criminal of World War II, who was released after the war, served as Japan's foreign minister, and served as vice president of the Liberal Democratic Party. Aoi Shigemitsu's most famous appearance was on September 2, 1945, aboard the U.S. battleship USS Missouri, where he signed the World War II Surrender Instrument on behalf of the Japanese government.
With this relationship, Singh-ho rose to the top of Japanese politics and business, and his business grew bigger and bigger.
In South Korea, the smooth sailing Lotte Group has also received strong help from the South Korean government. Successive South Korean presidents have taken good care of Lotte, from hotel auctions to land purchases to building scale.
Hatsuko Shigemitsu
Father and son have been accused of having an affair with an actress who hanged herself for unspoken rules
What really made Lotte start to decline was the scandal that broke out one after another. In 2009, 26-year-old South Korean actress Jang Ziyan hanged herself at home. Before her death, she left a long suicide note pointing out that she was forced to provide sexual services to more than 30 people during her lifetime. Singh-ho and his youngest son, Xin Dongbin, also appear on the sleeping list. At the same time, Zhang Ziyan is filming Lotte's snack debut.
Although in 2014, when the court heard Zhang Ziyan's case, it did not pursue the sexual service too much on the grounds that the parties had died and could not be verified, But Lotte's image began to decline seriously.
Zhang Ziyan
Father and son turn against each other Family infighting has been good to watch Korean dramas
There were three marriages under Singh Hao's knees, with two sons and two daughters, the eldest daughter was born to the first wife; the second wife Chongguang Chuzi gave birth to two sons Xin Dongjue and Xin Dongbin; the third wife was Xu Meijing, who was 37 years younger than Singh Hao, and also had a daughter.
The Rakuten version of "Heirs" was staged in 2013, when Singh-ho first put the eldest son in charge of Rakuten's base camp in Japan, and the younger son in charge of Rakuten's property in South Korea, holding a comparable stake. I thought that such "well water does not violate the river water", and the two sons could each settle down, but it was still inevitable to boil beans and burn.
After the war, South Korea's economy took off, and Xin Dongbin did have a business mind, and soon, the younger son's business far exceeded that of the eldest son. Just like the "prince does not argue" bridge section that often appears in the TV series, the eldest son is worried all day long, afraid that his seat will be taken away by his younger brother. Simply, the first move is strong, and the eldest son quietly began to increase his stake in South Korea's Lotte, intending to pre-position capital for the future power struggle.
"Before the emperor died, the crown prince dared to seize power privately", it is said that in order to punish the eldest son, Singh Hiroshi dismissed him from the position of "second in command" in Rakuten, Japan.
Of course, since it is a "palace fight", it must have you coming and going.
Unwilling to be defeated after being demoted to the "Eastern Palace", Shin Dong-joo actively repaired relations with Shin Ge-ho while complaining that his brother had purged his old part of Rakuten in Japan, intending to take both Korean and Japanese companies into his hands.
Singh Hao, who is more than 90 years old, has long ceased to be the "old fox" of the mall, and once he was encouraged, he thought that after all, he was his eldest son, and it was estimated that he was soft-hearted, so he followed the eldest son to clean up the younger son.
According to people familiar with the matter, Shigemitsu Hatsuko was very angry when he learned that his eldest son launched a "coup". Decisively stand by the side of the younger son, against the husband and the eldest son. Leveraging her influence in the business world, Hatsuko Shigemitsu called out Uniqlo President Masayoshi Yanai, and mizuho Bank, Mitsui Sumitomo Bank and other industry peers to help.
In the end, the younger son Xin Dongbin finally forced his half-brother Xin Dong to leave, and even more disobediently "ascended his father to the altar". Singh Ho vowed: Never forgive Xin Dongbin.
Lotte's "Lady of the Box" debut involves "interfering in the government gate"
In addition to watching the bustle of the courtroom, the outside world is particularly interested in Xu Meijing, the third-room lady who made her first high-profile appearance.
Although Xu Meijing was not involved in the "prince power struggle", it is said that she was the biggest winner. Singhho has transferred 6.8% of Lotte Holdings to her and her daughter, more than Singhho's three fathers and sons combined, and is the largest shareholder in the family. Xu Meijing is also known as Lotte's "Lady of the Box".
Xu Meijing has always been mysterious and rarely appears in public. She was 37 years younger than Singhoyo.
In the 1970s and 1980s, the Lotte Group held the Miss Lotte Audition Contest. Originally for the selection of advertising models for the company, but eventually became the "dragon gate" of the show business.
Yuan Meijing, Lee Mi-sook, Cai Shina, Lee Mi-yeon, etc., who later became top stars, were all known to the world through this selection competition. In the first Miss Lotte Selection Contest in 1977, 18-year-old Student Seo Mei-kyung of Theanyang Art School in Korea was elected.
The phrase "chewing gum is still good for Lotte" is well-known in South Korea, and Seo Mi-kyung is the first model of this advertisement. The election of Miss Lotte also gave Xu Meijing the opportunity to get acquainted with the original unattainable head of Lotte, Singh Hao, who was 55 years old and had a wife and children.