Hiroshi is one of the richest Founder from Japan. According to our analysis, Wikipedia, Forbes & Business Insider, Hiroshi Mikitani's net worth 5.9 billion USD (2020). (Last Update: January 13, 2024)
Hiroshi Mikitani - Net Worth, Age, Height, Birthday, Bio, Wiki!
| Net Worth | 5.9 billion USD (2020) |
| Salary | Under Review |
| Source of Income | Founder |
| Cars | Not Available |
| House | Living in own house. |
In 1995, after an earthquake in Kobe caused significant damage so that the city could no longer maintain the Vissel Kobe football club, Mikitani was asked to take over operations of the team. He purchased the team later that year through his company Crimson Group. In 2014 the team was acquired by Rakuten.
In 1996, Mikitani began venturing into the high technology business and started looking at various business models, and decided to launch an online shopping mall. At the time, Netscape was around, Amazon.com had recently launched, and Google did not yet exist. On February 7, 1997, Mikitani founded the e-commerce company MDM, Inc. with three co-founders and US$250,000 of their own money, launching the online marketplace Rakuten Ichiba in Japan on May 1, 1997. The company was renamed Rakuten, Inc. in 1999, and Mikitani took it public on the JASDAQ in 2000. In founding the company, Mikitani envisioned an online marketplace focusing on the exchange between buyers and sellers, as a hybrid between eBay and Amazon.com. It started as a small online marketplace with 13 shops and 6 employees, and has since grown into “an e-commerce giant”.