Koo Bon-neung

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Name
Koo Bon-neung
Net Worth
1.2 Billion USD
Birth Date
26 March 1949
Age
75
Country
South Korea
City
Seoul
Business
Manufacturing
Organization
Heesung Electronics

Koo Bon-neung is a prominent South Korean billionaire recognized for his significant contributions to the retail and food industries. Born into the family that founded the Lotte Group, one of South Korea's largest and diversified conglomerates, Koo Bon-neung has played a pivotal role in expanding and diversifying the group's business interests.

As the Chairman of Lotte Corporation, Koo Bon-neung oversees a vast empire that includes retail, food and beverage, hotels, chemicals, construction, and more. Lotte Group's retail arm, Lotte Shopping, is one of the leading retail giants in South Korea, operating department stores, supermarkets, and shopping malls nationwide.

Under Koo Bon-neung's leadership, Lotte has expanded internationally, with operations in Japan, China, Southeast Asia, the United States, and Europe. His strategic vision and management have propelled Lotte Group to become a global player in various industries, contributing significantly to South Korea's economy.

Beyond business, Koo Bon-neung is known for his philanthropic efforts, supporting initiatives in education, healthcare, and cultural preservation. He has also been involved in promoting corporate social responsibility within Lotte Group, emphasizing sustainability and community engagement.

Koo Bon-neung's entrepreneurial journey and leadership in the Lotte Group exemplify his dedication to innovation and sustainable growth. As he continues to guide Lotte through dynamic market conditions and global challenges, Koo Bon-neung remains a pivotal figure in South Korea's corporate landscape, influencing both economic development and corporate responsibility initiatives.

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