Business · Vietnam Bureau
Columbia University tops list for South Korean chaebol heir education
Columbia University in New York has educated more members of South Korea's powerful chaebol business families than any other foreign university, according to a recent survey. The institution counts at least 22 alumni from chaebol families, including Lotte Group Chairman Shin Dong-bin.
LSN Vietnam ·

Columbia University's prominence as an educational destination for South Korea's business elite underscores the enduring appeal of Ivy League institutions among affluent Asian families seeking international education. The New York-based university has established itself as the preferred choice for chaebol heirs seeking overseas schooling, surpassing other prestigious institutions globally.
Chaebol families, which control South Korea's largest conglomerates spanning industries from retail and chemicals to electronics and entertainment, have long prioritized overseas education as part of their global business strategy. The practice of sending heirs to elite American universities has become a tradition among South Korea's wealthiest families, reflecting both the desire for international credentials and exposure to Western business practices.
Lotte Group Chairman Shin Dong-bin, one of South Korea's most prominent business leaders, is among Columbia's chaebol alumni. His attendance at the university represents the broader pattern of chaebol succession planning that frequently includes American higher education as a formative step.
The concentration of chaebol heirs at Columbia reflects both the university's reputation and the strategic choices made by South Korea's business families in preparing the next generation of corporate leadership. The findings highlight the continued influence of American educational institutions in shaping the development of Asia's business elite and their approach to international commerce.