Net Worth

Hiroshi Mikitani Net Worth

Hiroshi Mikitani Net Worth

What is Hiroshi Mikitani’s Net Worth?

Net Worth: $9 Billion
Age: 57
Date of Birth: March 11, 1965
Country of Origin: Japan
Profession: Founder of Rakuten Inc.
Updated: 2022

Hiroshi Mikitani’s net worth is expected to be $9 billion in 2022. Hiroshi Mikitani is the CEO and co-founder of Rakuten, a Japanese e-commerce company that has grown to be successful in numerous countries.

Hiroshi’s net worth is increasing year after year, so there’s a lot to learn from his background and his tale of expanding his local firm internationally.

Formative Years

Hiroshi Mikitani was born in the Japanese city of Kobe. His father, Ryoichi, was an economist, while his mother, Setsuko, worked for a major trade corporation. Hiroshi has two siblings: Ikuko, his sister, and Kenichi, his brother.

Little is known of Mikitani’s formative outside of the knowledge that he graduated from Hitotsubashi University in 1988 and went on to study at Harvard Business School in 1993 after relocating to the United States; this was at a time he worked for the Industrial Bank of Japan at the time.

Hiroshi Mikitani Career

Hiroshi’s career was rather unremarkable before the founding of Rakuten. He began work for the Industrial Bank of Japan after graduating in 1988, then left 9 years later to found the Crimson consultancy company in 1997. Rakuten was formed in the same year he founded Rakuten.

It merely goes to demonstrate that Mikitani was not the type to abandon enterprises or employment in favor of the next.

He worked for one company for nine years before starting his company, which he worked hard to maintain running and thrive at.

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Hiroshi Mikitani and a few other co-founders started Rakuten in February 1997, raising $250,000 of their own money to fund the company. Rakuten is a conglomerate of more than 40 distinct businesses and services.

Rakuten.com, Play.com (a relatively new acquisition for the UK side of the corporation), Viber, Kenko.com, and Aquafadas are examples of these businesses.

Rakuten was only based in Japan until 2005, when it started growing and buying and creating subsidiaries in the United Kingdom, Canada, the United States, France, and Spain.

The purchase of Play.com for £25 million and Viber for $900 million are the two most notable and latest investments.

Rakuten today employs over 11,000 people, which is an enormous figure, and their annual income is in the billions of dollars.

Mikitani’s net worth has been estimated to be around $9 billion.

Memorable Moments:

  • In 1997, Hiroshi Mikitani founded Rakuten
  • Mikitani was honored by Harvard Business School in 2012 with the Alumni Achievement Award, which is one of the school’s top accolades.
  • Prime Minister Shinzo Abe also appointed him to the Industrial Competitiveness Council.
  • The French government bestowed the honor of Chevalier of the National Order of the Legion of Honour on Mikitani in 2014.
  • Mikitani received the Grand Duchy of Luxembourg’s Order of Merit in 2017
  • Mikitani was given the Spanish Chamber of Commerce’s 2017 Spain-Japan Business Contribution Award.

In Conclusion

Hiroshi Mikitani is a very wealthy businessman, whose net worth has been estimated to be around $9 billion.

The Author

Oladotun Olayemi

Dotun is a content enthusiast who specializes in first-in-class content, including finance, travel, crypto, blockchain, market, and business to educate and inform readers.