Akira Mori Net Worth $5 Billion
Akira Mori is president and chief executive officer of Mori Trust Co. Ltd. with an estimated net worth of $5 billion as of April 2013 according to Forbes. He is the 6th richest person on the record of the Top 50 Billionaires in Japan and is rated 248th on the set of World Billionaires. Mori Trust Co., Ltd. is a property development business that owns and operates residential and office buildings across Japan. It is an offshoot of Mori Building, a business founded in 1959 by his dad, Taikichiro Mori. Akira and his late brother, Minoru, inherited his initial fortune after his dad’s passing. They went separate ways in 1999 and Akira focused on office buildings, apartment blocks and resorts in the high-rent areas of Tokyo. Today, the business already has $1 billion operating revenue with 67 rental buildings and 29 hotels chiefly in central Tokyo along with other high-rent districts in major Japanese cities. The business intends to acquire properties abroad, especially those in NY and London. He is considered as the most powerful tycoon in the real estate industry. Mori is also enlarging the business interests of Mori Trust by investing in China’s instruction services as well as the mass media industry through his just created MA Platform Group.