Hiroshi Mikitani
$4.5B
Born
Mar 11, 1965
Age
61
Source of Wealth
Online retail
Residence
Tokyo,
Citizenship
Japan
Marital Status
Married
Children
2
Education
Master of Business Administration, Harvard University
- Hiroshi Mikitani is the founder and CEO of Rakuten, one of Japan's biggest e-commerce retailers.
- The firm launched its $5.5 billion mobile service in 2020.
- In 2021, China's Tencent, Japan Post Holdings and Walmart together invested more than $2 billion in Rakuten.
- In 2023, Rakuten listed its online lending subsidiary Rakuten Bank and sold off part of its stake in two tranches worth nearly $900 million.
- In 2024, for the sixth straight year of red ink, Rakuten reported a net loss of $1.1 billion on revenue of $15.8 billion, mainly because of investments in its mobile operations.
- Rakuten's $300 million investment in ride-sharing firm Lyft resulted in losses and Mikitani stepped down from Lyft's board in 2020.
- In 2010, he led an "Englishnization" campaign at Rakuten, making English the company's official internal language in an effort to improve employees' English.
- His nickname is "Mickey."
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