Search Perform an advanced search query SOFTPEDIA
 
SOFTPEDIA
Updated one minute ago
HomeSubmit a program for being reviewedAdvertise on our websiteGet help on surfing our websitesSend us your feedbackGet information about our XML/RSS backend and how to use itBrowse the news archiveVisit our discussion forumVizitati forumul in limba romana



KLIP
  1. HOME
  2. SCIENCE
  3. TECHNOLOGY
  4. WEBMASTER
  5. SECURITY
  6. MICROSOFT
  7. LINUX
  8. APPLE
  9. GAMES
  10. TELECOMS
  11. REVIEWS
  12. LIFE & STYLE
  13. EDITORIALS
  14. INTERVIEWS
  15. RSS
Welcome!
Hello, Guest

Login if you have a Softpedia.com account.

Otherwise, register for one.

NINTENDO

Japan's Wealthiest Man Is Former Nintendo President

- On the back of the Wii

By: Andrei Dumitrescu, Games Editor

The real world is beginning to slowly accept the fact that the videogames culture is both profitable and relevant. One of the most important signs came about a week ago, when TIME conducted its poll to name the Most Influential Person of the Year. That person is Shigeru Miyamoto, the legendary game designer that works for Nintendo. Another sign is the person that tops the list of the wealthiest people in
Japan, as compiled by Forbes.

The man that tops the Forbes classification, which relies on public financial data and limited disclosures from various audit firms, is Hiroshi Yamauchi, the man that used to be the president of Nintendo, now retired both from his business position and from the public eye. His net worth has gone up by about 3 billion dollars last year, which was enough to beat former number one, Akira Mori, a property developer, to the number one spot on the Forbes list, as Akira only gained 2.2 billion dollars in the same period. The former president of a company that creates mainly consoles, handhelds and games for the above has risen to become the wealthiest man in all of Japan, a society that values videogames, their culture and the people that stand behind them. It must be a sign of new times.

No points will be awarded for the people that guess which is the main reason for the sudden wealth gain of Mister Hiroshi Yamauchi. Yes, it's the same now apparently ubiquitous Nintendo Wii console, which has taken the gaming world and the real world by storm in the last months, making Nintendo a very profitable company, while making its top managers extremely rich in the process. Creating a few big game hits, like the Wii Fit, also doesn't hurt one bit.

Forbes states that the 40 wealthiest people in Japan are now worth about 89.9 billion dollars together, a rise of more than 10 billion from last year. Six people on the list, Mr. Hiroshi Yamauchi included, added more than $1 billion apiece to their fortunes.

MORE RELATED ARTICLES: Kaz Hirai Thinks the PlayStation 3 Will Beat the Xbox and the Wii EA Working on a Wii Fitness Title PlayStation 3 Outsells Xbox 360 Is InstantAction a Revolution in Gaming? Wii Fit Says Girl Is Fat, Traumatizes Her Boom Blox Is Released, Prepare Your Wii THQ Announced Nickelodeon Games Tiger Woods 2009 Details Emerge Rock Band Gets New Tracks for the Wii and PS2 Tecmo Bowl: Kickoff Returns to Nintendo DS
 
Comments | Link here | Subscribe
Print | Send to friend
Today's News | Yesterday's News

Search:


9th May 2008, 18:06 GMT | Copyright (c) 2008 Softpedia | Contact:
Read by 428 user(s) | Rating: | 2 vote(s) so far | Cast your vote:
Japan's Wealthiest Man Is Former Nintendo President - USER OPINIONS




We are sorry, there are no opinions available for this article.






SHARE YOUR OPINION ABOUT Japan's Wealthiest Man Is Former Nintendo President

Since you are not logged on, your comments will have to be approved before being displayed.
Click here to login, or register.
Your Name:
Your Email:
Type in the result:
Your Opinion:
 


DO YOU WANT TO CONTACT US?  

If you have some comments or you want to send us some information you can send us an email directly to .
You can use the form below for the same purpose.
Your full name: (at least 3 characters)
Your email address: (at least 5 characters)
Message subject: (at least 5 characters)
Message text:
(at least 10 characters)
Type in the result:
 
 



© 2001 - 2008 Softpedia. All rights reserved.
Softpedia™ and Softpedia™ logo are registered trademarks of SoftNews NET SRL.
Copyright Information | Privacy Policy | Terms of Use | Contact Softpedia | Update your software | Archive