Name:

Yasumitsu Shigeta

Date of Birth:

25th February 1965

Country of Birth:

Japan

Country of Residence:

Japan

Source of Wealth:

Mobile Phone Retailer

Marital Status:

Married

Children:

3

Yasumitsu Shigeta Net Worth USD: $5,225,000,000 - $5,775,000,000

2020 Estimate:

$5,500,000,000

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Yasumitsu Shigeta Biography

Yasumitsu Shigeta founded Hikari Tsushin in 1988. Listed on the Tokyo Stock Exchange, the company is most widely known for selling mobile phones, from its HIT Shop chain of stores. He is CEO of the company that also sells office equipment and insurance.

Yasumitsu Shigeta’s fortune was as high as $42 billion before 2001’s dotcom crash wiped out much of his wealth. He was able to ride the storm however, and just four years later in 2005, shares in his company rebounded and he re-joined the list of Japan’s Rich List.