However, he managed to turn his fortunes around and is now one of the wealthiest people in Japan. Yasumitsu Shigeta is a Japanese businessman with a net worth of $5.5 billion. He is the founder of mobile phone distributor Hikari Tsushin, which is the main source of his wealth. Despite almost losing it all during the dot-com crash, Shigeta managed to turn his fortunes around and is now one of the wealthiest people in Japan.
Yasumitsu Shigeta is a member of Richest Billionaires

💰Yasumitsu Shigeta Net worth: $3.8 Billion

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Yasumitsu Shigeta Net Worth: Yasumitsu Shigeta is a Japanese businessman who has a net worth of 5.5 billion USD (2020). The founder of mobile phone distributor Hikari Tsushin, the main source of his wealth, Yasumitsu Shigeta almost lost it all during dot-com crash. Luckily, he managed to save his company by turning into an office-equipment supplier, Internet services provider and call center operator. It was in 1988 that Shigeta founded Hikari Tsushin and he made it to the billionaire ranks in 1999. After the dot-com crash almost wiped away his fortune, Mr. Shigeta saw an 88% increase in the company's stock price that resulted from last year's share buyback and Hikari Tsushin's strong performance.