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Yoshiaki Tsutsumi

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Entrepreneur

The Resume

    (May 29, 1934- )
    Born in Japan
    Real estate investor
    Controlled the Seibu Corporation
    Purchased the Seibu Lions baseball team (1979)
    Chaired the Japan Olympic Committee (1989-90)
    Topped Forbes’ first World Billionaires list with a net worth of $20 billion (1987)

Why he might be annoying:

    He and his half-brother Seiji reportedly took an instant dislike to each other upon first meeting, when he was seven and Seiji was fourteen.
    Seibu was delisted from the Tokyo Stock Exchange after it was discovered that he and other company executives had created hundreds of non-existent individual investors to bypass Exchange regulations prohibiting the top ten shareholders of a listed company from owning a stake larger than 80% (2004).
    He was sentenced to 30 months in prison and fined 5 million yen after pleading guilty to insider trading (October 22, 2005).
    Due to declining real estate prices in Japan, he fell off the Forbes list into the ranks of ex-billionaires (2007).

Why he might not be annoying:

    He ran his first business, a skate center in Nagano, while a university student.
    At his peak, the companies he controlled owned a sixth of the land in Japan.
    He chaired the Japanese Ice Hockey Federation and was inducted into the International Ice Hockey Federation Hall of Fame as a builder (1999).

Credit: C. Fishel


Featured in the following Annoying Collections:

Year In Review:

    For 2024, as of last weekly ranking, Out of 2 Votes: 50.0% Annoying