Billionaire Hiroshi Mikitani has a net worth of $3.5 billion. He is the CEO and founder of Rakuten which is one of the biggest e-commerce retailers in Japan.
In 2020, the company launched its mobile service which is valued at $5.5 billion.
In 2021, a collective of Walmart, Tencent and Japan Post Holdings invested an excess of $2 billion in Rakuten.
The year 2023 market the fifth consecutive years that Rakuten reported losses. In that year the company had generated $13.8 billion in annual revenues and $2.3 billion in net loss.
Rakuten Bank, an online lending subsidiary, was publicly listed. Hiroshi Mikitani as a self made billionaire has made a lot of his wealth from online retail.
In terms of education, the billionaire earned a Master of Business Administration from Harvard University in the USA.
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In 2010, he officially made English the company’s official internal language in order to improve his employees’ English language.
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