Hiroshi Mikitani Net Worth

net worth: $9 billion
age: 61
date of birth: March 11, 1963
gender: male
high: unknown
country of origin: Japan
Source of wealth: Founder of Rakuten Corporation
Last updated: August 4, 2024

introduce

Hiroshi Mikitani’s net worth is estimated at $9 billion.

Hiroshi Mikitani is the CEO and co-founder of Rakuten, a Japanese e-commerce company that has expanded to multiple countries and achieved global success.

Hiroshi’s net worth is growing every year, so there is a lot we can learn about his background and his story of taking a local business global.

early life

Hiroshi Mikitani was born in Kobe, Japan.

In terms of family occupation, his father Ryoichi is an economist and his mother Setsuko works for a large trading company.

Hiroshi also has two siblings: an older sister named Ikuko and a younger brother named Kenichi.

There is not much background information about Hiroshi Mikitani’s early life, other than the fact that he graduated from Hitotsubashi University in 1988 and attended Harvard Business School in 1993 after transferring to the United States.

At the time he was working at the Industrial Bank of Japan.

Profession

Hiroshi Mikitani grew up in Kobe, Hyōgo Prefecture, Japan. His father is the president of the Japan Monetary Economics Association and a professor at Kobe University.

When he grew up, Ishiguro entered Hitotsubashi University and graduated in 1988 with a degree in business.

From 1988 to 1996, Ishiguro worked at the Industrial Bank of Japan, during which time he attended Harvard Business School from 1991 to 1993.

In 1996, he left the bank and founded his own consulting group, Crimson Group, with the goal of reviving the Japanese economy after the Kobe earthquake.

Although he was far from being one of the richest men in the world at the time, he quickly built his fame and fortune.

Lotte Group

In February 1997, Hiroshi Mikitani founded the e-commerce company MDM, Inc. and launched the online marketplace Rakuten Ichiba in Japan.

The company changed its name to Rakuten Corporation in 1999 and listed it on JASDAQ in 2000, with astounding results.

He started the company because he wanted to build an online marketplace focused on communication between buyers and sellers.

Although it started as a small online marketplace with 13 stores and six employees, it quickly grew into an e-commerce giant.

Like Huang Youzhong, Hiroshi Mikitani also grew from an unknown figure to one of the most important businessmen in Japan.

Expanding his company

In 2010, Mikitani began to expand the company outside of Japan, acquiring e-commerce sites such as Buy.com in the United States and PriceMinister in France.

Mikitani also holds minority stakes in scrapbooking site Pinterest and ride-sharing app Lyft, where he serves on the board of directors.

As of 2017, Rakuten has over 14,000 employees and over 42,000 stores across its many e-commerce sites, with sales of nearly $6 billion.

Today, Mikitani’s company is one of the most popular brands on the Internet, and his wealth and influence continue to grow.

Also in 2010, Rakuten began its “Englishization” process, with Hiroshi Mikitani making English the primary language of the company’s business.

While Honda President Takashi Ito called the decision “stupid,” Hiroshi Mikitani believes it is a major advantage for Honda’s global development.

Kosmos Holdings and Sports Ownership

In addition to being the president of Rakuten, Hiroshi Mikitani also founded Kosmos Holding in 2017 in partnership with Gerard Piqué.

The holding company and investment group specializes in investing in companies in the sports, media and entertainment industries.

In 2018, Kosmos acquired the Davis Cup tennis tournament assets and Spanish football club Andorra.

In addition to these modern acquisitions, Mikitani also took over Vissel Kobe following the 1995 Kobe earthquake.

As damage caused by the earthquake meant that the city would no longer maintain the club, Hiroshi Mikitani was asked to take over ownership of the club.

In 2004, the Japanese Pacific League cut two teams and Keisuke Mikitani was invited to form an expansion team in Sendai.

This led to the formation of the Tohoku Rakuten Hawks, which won the 2013 Japan Series title, two years after the region was hit by a tsunami.

Hiroshi Mikitani Net Worth

Hiroshi Mikitani’s net worth is estimated at $9 billion.

3 business lessons from Hiroshi Mikitani

Hiroshi recently wrote a short article on LinkedIn about his secrets for empowering organizations. Here’s what Mikitani said in the article he shared with us:

1. Emphasize teamwork

We ask employees to solve problems collaboratively, which helps create a culture of empowerment.

We want to tell everyone: You are not only responsible for yourself, but also for the success of the team. Collaboration encourages individuals to contribute more to the team and expect more in return.

2. Allow for failure

Business is not like sports. In sports, you only have a certain number of chances to succeed. If the clock runs out or you strike out, it’s over. In business, you can swing as hard as you want.

But in order to keep employees working hard, leaders must constantly emphasize that we can accept strikes. Failure is inevitable. Accepting this will motivate employees to keep working hard.

3. Prevent confusion

Empowerment doesn’t mean letting everyone do whatever they want. At Rakuten, one way we prevent chaos is by using KPIs (key performance indicators) rigorously. We measure everything.

We know how long projects will take to complete. We know how many engineers are needed to execute system changes.

We even knew how long it would take employees in the hall to get to the corporate meeting room on the 12th floor. To keep this group of empowered employees focused on the mission, we set clear and specific goals.

Frequently Asked Questions

How much is Hiroshi Mikitani worth?

Hiroshi Mikitani’s net worth is estimated at $9 billion.

How old is Hiroshi Mikitani?

Hiroshi Mikitani was born on March 11, 1963 and is now 61 years old.

How tall is Hiroshi Mikitani?

Hiroshi Mikitani’s height is unknown.

Summary

Hiroshi Mikitani is a very successful entrepreneur with a net worth of $9 billion!

What do you think of Hiroshi Mikitani’s net worth? Leave a comment below.

Categories: Net Worth
Source: svlsf.edu.vn

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