Forbes: Nintendo's Hiroshi Yamauchi now Japan's richest |
Ó
Forbes has just released the latest list of Japan's forty wealthiest and that guy's grin up there best shows who got the high-end portion of the stick. After finishing in third place last year, Nintendo's ex-chairman Hiroshi Yamauchi is now the richest man in Japan.
With a net worth of US$ 7.8 billion, the 80-year old Yamauchi's net income jumped 48% to US$ 2.5 billion. We do know the reason why: the Nintendo DS and the Wii. If you can remember, Nintendo had a (hardcore) 115.6% profit rate for the past fiscal year,
Yamauchi was responsible for turning around Nintendo from a card-making company into the video game power it is now today. In the seventies, Yamauchi's move as a president was to venture into home and arcade games. He was also an advocate of pursuing a wider audience.
Yamauchi retired in 2005 after serving Nintendo for 55 years. He cancelled his US$ 11 million retirement allowance to give it to Nintendo instead. We don't know if it's good karma, but immediately after, the Nintendo Wii phenomenon swept the world.
Via Forbes
25 Jumps Sega's Mega Sale on PSN
Contact Us:
The QJ.net Network |
 |
| Site | Feed |
| QJ.NET | RSS |
| Nintendo DS | RSS |
| PlayStation 3 | RSS |
| PSP Updates | RSS |
| Wii | RSS |
| Xbox 360 | RSS |
| MMORPG | RSS |
| Personal Computer Games | RSS |
| iPhone - iPod Touch | RSS |
| QJ.NET Forums | RSS |
Add QJ.NET
User Favorites - December
User Favorites - December
| Top Jumps | |
| Custom Firmware 5.50GEN-D3.. | (2710) |
| Custom Firmware 5.50GEN-D3.. | (1016) |
| Custom Firmware 5.50GEN-D3.. | (528) |
| Tiger Woods Wife Outrun Fl.. | (504) |
| MaGiXieN: 6.xxGEN is not w.. | (411) |
| MaGiXieN explains release.. | (358) |
| Custom Firmware 5.03GEN-C.. | (307) |
| PSP Homebrew: CFW 5.03 GEN.. | (210) |
| Custom firmware 5.50GEN-D.. | (173) |
| Wii homebrew - Custom IOS3.. | (111) |
| PSP Revolution v0.3 | (98) |
| Naruto Shippuden: Ultimate.. | (92) |
| No plans for custom firmwa.. | (87) |
| Resident Evil 5 patch 1.03.. | (85) |
| PS3 optional update 3.15 d.. | (85) |
| PSP homebrew - DaedalusX64.. | (84) |
| PSP Homebrew - PSPDisp v0... | (83) |
| PSP homebrew game: PSP Mar.. | (75) |
| Sony starts talking about.. | (73) |
| gpSP v0.9 for the PSP | (73) |
| PS3 is year's best platfor.. | (70) |
| PSPlayerMT For PSP - Direc.. | (68) |
| Sony files curious new tra.. | (67) |
| PSP homebrew - PSP Live TV.. | (66) |
| Sony sells 440,000 PS3 uni.. | (66) |
Categories
Archives
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
Comments
I'm guessing it's all in stock. He's obviously not still getting paid by the company after he's no longer working. On a side note, so THIS is the guy I see in NES credits all the time!
The Bill Gates of Japan.
Add New Comment