Lotte Group founder showed Japan and South Korea how to work together

Shin Kyuk-ho tried to calm historical antagonism between the countries

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Shin proved cooperation between the two countries could work. (Courtesy of Lotte Group)

Choi Sung-no

On January 19, Shin Kyuk-ho, the founder of Korean candy-to-chemicals conglomerate Lotte Group, passed away aged 98. He had been a successful businessman who built his enterprise in Japan and Korea, a self-made man who created his legacy with his own bare hands.

He left behind a business which bridged the two countries, currently at odds in the bilateral relations worsened by their painful histories. His diligence and insight set a milestone even for entrepreneurs of today to follow, and he broke barriers in both Korea and Japan. It would be wise for other entrepreneurs to take note.

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