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Former Nintendo President becomes richest man in Japan

Thursday, May 8th, 2008 at 2:50pm by Jake

hm225.jpgFormer President of Nintendo, Hiroshi Yamauchi has moved up to the number 1 spot for the richest man of Japan. Mr.Yamauchi gained the title when his net worth boosted 3 billion just last year. This brings his total worth to 7.7 billion dollars! Much has been increased due to his very successful shares in the Nintendo’s current Wii and DS platforms. This feat comes 2 years after Mr.Yamauchi donated $60 million to the Kyoto University Hospital.

Hiroshi Yamauchi served as Nintendo’s president from 1949 to 2002. He evolved Nintendo from a simple playing card company to the video game giant of today. Mr.Yamauchi stepped down from his duty in 2002 and was succeeded by current president, Satoru Iwata. Hiroshi Yamauchi is 80 years old.

Bloomberg

4 Comments

  1. WiiWheeler says...

    Congrats to Yamauchi!

  2. Ronindennis says...

    He once said that if DS and Wii would fail, Nintendo would be on the road to hell. But if they succeed, Nintendo would reach the heights of heaven! 7.7 billion… sounds like damn heaven to me!!!

  3. Run line 10 says...

    Man we though this guy was so crazy back then. Well I’m so happy for him though and he got a good eye for talent too. He may be a hard ass but he is a softy too! Just be glad he does not do interviews any more! You guys though Ken from sony was crazy!

  4. Derek says...

    Ol’ Iron Fist, as he ought be known.

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