✎ About Eitaro Itoyama

Eitaro Itoyama was born in Japan. Onetime lawmaker's holdings, which include 9 country clubs, including Chiba Shin Nihon Golf Club, and one golf driving range, are stagnant.
Eitaro Itoyama is a member of Real Estate

💰Eitaro Itoyama Net worth: $500 Million

2010 $3.4 Billion

2011 $3 Billion

2012 $2.9 Billion

2018 $2.9 Billion

Biography/Timeline

1974

Itoyama has served four terms as a member of the Diet, the Japanese Parliament with nearly twenty years of active involvement in the ruling party, the Liberal Democratic Party. He was a principal figure in a 1974 bribery scandal that resulted in the arrests of more than 90 people, including a senior vice President of Itoyama's company, and Peter Herzog characterized Itoyama as "one of the worst offenders" in having a "cavalier attitude" toward Japanese election laws.

1998

Itoyama became the single largest shareholder in Japan Airlines in February 1998 and publicly called for significant changes to management and Business structures. He traveled to the United States and began negotiating the sale of JAL hotel properties such as the Ihilani Resort & Spa in Honolulu and the Essex House in New York, despite having no actual authority to do so. JAL management moved to compromise with Itoyama by appointing him Special Adviser to the Chief Executive Officer in exchange for Itoyama's giving up the right to object to management decisions at shareholder meetings. He sold half of his JAL stake on the open market in 2006 after the company failed to pay dividends for two years in a row.

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1942 births Living people Business writers Businesspeople from Tokyo Japan Airlines Japanese billionaires Japanese businesspeople Japanese investors Japanese political writers Japanese non-fiction writers Liberal Democratic Party (Japan) politicians Members of the House of Councillors (Japan) Members of the House of Representatives (Japan) Politicians from Tokyo Writers from Tokyo