Akio Nitori Net Worth $10.4 Billion
He’s the 32nd wealthiest man on the set of the Top 50 Billionaires in Japan. Nitori is the owner of the largest discount home furnishings retailer in Japan with 270 substantial furniture stores. He has been Representative Manager since May 1978. Last November, Nitori announced for 10% to 40% price cuts on numerous items in order to improve the slow sales and counter the weak yen. To reach new customers, it has also started a handful of little Deco Dwelling stores. He’s become the Chairman of the Board in a Shanghai-based subsidiary as well as the President and Representative Director in two other subsidiaries, Nitori and Home Logistics. He has been its President since May, 1978. He’s become the Outside Manager of K. K. Marumitsu and P.T. MARUMITSU INDONESIA since February 2003. He’s become the Outside Manager of MARUMITSU-VIETNAM EPE since October 2003. He’s become the Representative Manager of Nitori Public Co., Ltd. since May 2005. He’s become the Manager of Shanghai Liqiao Industrial Co. Ltd. since March 2006.