Billionaire Family Feud: Founder of South Korea’s Lotte Group Demoted By Own Son

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Billionaire succession battles are nothing new but the latest feud surrounding one of South Korea’s top ten conglomerates is striking. The Shin brothers, Dong-Joo and Dong-Bin of Lotte Group, this week were involved in a publicized tug-of-war that led to younger brother Dong-Bin to oust his own father, Lotte Group’s founder […]

Vía Forbes Real Time http://ift.tt/1ShOkpS