Yoshiaki Tsutsumi is a Japanese businessman, probably best known as the richest person in the world from 1987 to 1994 during the Japanese economic bubble. Forbes listed Tsutsumi as the richest person in the world with a net worth estimated at $20 billion (approximately $44.4 billion today).
| Net worth | 1.2 Billion (2006) |
| Last Updated | February 13, 2006 |
| Age | 89 Years |
| Born | May 29, 1934 |
| Gender | Male |
| Height | 172 cm |
| Nationality | Japanese |
| Source of Wealth | Real estate |
Yoshiaki Tsutsumi’s Net Worth Over Time
Yoshiaki Tsutsumi was named the wealthiest person in the world during the late 1980s and early 1990s. As the richest person with $20 billion wealth primarily came from his extensive real estate holdings through the Seibu Corporation.
According to Forbes’ 2006 list of the world’s billionaires, Tsutsumi’s net worth stood at $1.2 Billion. This placed him 645th globally and 15th in Japan.
Though Yoshiaki was named the wealthiest person during the early 1990s, his assets have been inherited by the law due to vast corruption. Due to this series of scandals, Forbes has delisted Yoshiaki Tsutsumi’s net worth in 2007.
Tsutsumi’s current net worth is unclear, with estimates ranging from several hundred million to a few billion dollars. He remains a wealthy individual, but far from his peak at the height of the bubble.
Yoshiaki Tsutsumi’s Companies
- Past Owner ships – Seibu Railway
- Past Board member – Seibu Corporation
Yoshiaki Tsutsumi no longer holds any significant ownership of Seibu Corporation.
What did Yoshiaki Tsutsumi do become rich?
Most of Yoshiaki Tsutsumi’s wealth comes from Seibu Corporation which was inherited by his father and other investments in real estate. He was the president of Seibu Railway Co. and the principal shareholder in Kokudo Keikaku. Also Yoshiaki built many luxury hotels & resorts, amusement parks and many more.
Career Highlights
- Forbes ranked Yoshiaki Tsutsumi as the richest person in the world from 1987-1994. He had a net worth of $20 billion.
- 2005 Yoshiaki Tsutsumi was arrested for financial crimes. Due to this his good faith in the commercial industry had fallen.
- Forbes removed Yoshiaki Tsutsumi from the ranking list in 2007.
Famous Yoshiaki Tsutsumi Quotes
Everywhere you go sky is the sky and people are the people.
Yoshiaki Tsutsumi
