Yusaku Maezawa

Quick Facts

Full Name	Yusaku Maezawa
Date Of Birth	Nov 22, 1975(1975-11-22)
Age	49
Birthplace	Kamagaya
Country	Japan
Birth City	Chiba Prefecture
Horoscope	Scorpio

Yusaku Maezawa Biography

Yusaku Maezawa is one of the most popular and richest Businessperson who was born on November 22, 1975 in Kamagaya, Chiba Prefecture, Japan.

Maezawa began attending Waseda Jitsugyo High School in 1991, where he started up a band with his classmates called Switch Style [ja] , in which he was drummer. The band released their first EP in 1993. After graduating from high school, he decided not to go to college; instead he moved to the US with a girlfriend, where he started collecting CDs and records. When he returned to Japan in 1995, his album collection became the basis for his first company, which sold imported albums and CDs through the mail.

In 1998, Maezawa used the basis of the mail-order album business to launch the company Start Today. The same year, his band signed with the label BMG Japan. By 2000, Start Today had moved to an online platform, had begun selling clothing, and had become a public company. In 2001, Maezawa declared a hiatus on his music career. Start Today opened the retail clothing website Zozotown in 2004, and six years later, Start Today became a publicly traded company, listed on the “Mothers” Index of the Tokyo Stock Exchange. By 2012, Start Today was listed in the First Section of the Tokyo Stock Exchange.

Yusaku Maezawa (前澤 友作 , Maezawa Yūsaku, born 22 November 1975) is a Japanese billionaire, entrepreneur, and art collector. He founded Start Today in 1998 and launched the online fashion retail website Zozotown in 2004, now Japan’s largest. Most recently, Maezawa introduced a custom-fit apparel brand ZOZO and at-home measurement system, the ZOZOSUIT, in 2018. As of January 2020 he is estimated by Forbes to have a net worth of $2 billion and is the 22nd richest person in Japan.

Yusaku Maezawa Net Worth

Net Worth: As of 2020, Yusaku Maezawa has an estimated net worth of 2 billion USD, as reported by Forbes. The bedrock of his fortune is e-commerce fashion platform Zozotown, Japan’s largest, through which he amassed substantial wealth. Additionally, his stakes in SoftBank and Yahoo Japan significantly contribute to his net worth. His wealth significantly surpasses the average net worth within the industry, making him a distinguished icon in the e-commerce and fashion retail industry in Japan.

Career and Financial Growth: Yusaku Maezawa’s career path and entrepreneurial spirit significantly impacted his financial growth. In 1998, he founded Start Today, which later moved to an online platform and started selling clothing in 2000. The company’s success skyrocketed when it launched Zozotown in 2004, transforming it into a billion-dollar business. The substantial sell of a 50.1% stake in ZOZO to SoftBank for US$3.7 billion further ballooned his wealth.

Source of net worth: Maezawa’s fortune originated from his successful ventures in the e-commerce business sector. Start Today and the establishment of Zozotown significantly catapulted his status to a billionaire. His extra revenues also come from selling stakes of his ventures to other companies, like the dealings with SoftBank, and Yahoo Japan. Besides, his investment in art pieces, which sometimes sell for a significant profit, also adds to his net worth.

Personal Projects and Ventures: Beyond his e-commerce success, Maezawa is an avid art collector. He founded the Tokyo-based Contemporary Art Foundation, which is geared towards supporting young artists. He has spent millions of dollars buying pieces of art, including spending a record $110.5 million in an auction for a piece by Jean-Michel Basquiat. His interest and investment in arts significantly contributes and diversifies his wealth portfolio.

Philanthropy: As a seasoned businessperson, Maezawa is engaged in philanthropy, primarily through his Contemporary Art Foundation. This foundation aims at nurturing young artists, towards becoming integral contributors to modern art. His philanthropic ventures underscore his commitment to giving back to society.

Recent Developments: Recently, Maezawa announced his plan to become the first commercial passenger to fly around the moon onboard a SpaceX Starship, scheduled for 2023. He also completed a journey to the International Space Station in December 2021. While these ventures into space tourism aren’t directly tied to his net worth, they may open more opportunities for Maezawa and potentially influence his wealth and status in the future.

Height, Weight & Body Measurements

Yusaku Maezawa height 5 ft 4 in Yusaku weight Not Known & body measurements will update soon.

Who is Yusaku Maezawa Dating?

According to our records, Yusaku Maezawa married to Divorced. As of January 13, 2024, Yusaku Maezawa’s is not dating anyone.

Relationships Record : We have no records of past relationships for Yusaku Maezawa. You may help us to build the dating records for Yusaku Maezawa!

Facts & Trivia

Yusaku Ranked on the list of most popular Businessperson. Also ranked in the elit list of famous people born in Japan. Yusaku Maezawa celebrates birthday on November 22 of every year.

How did Yusaku Maezawa make his money?

Maezawa is a tycoon who made his fortune in fashion retail , launching Japan’s largest online fashion mall, Zozotown. As per Forbes, the 46-year-old Maezawa got his start selling CDs and records of his favourite bands by mail from his home.

Is Yusaku Maezawa married?

Personal life. He is divorced , with one child, and lives in Chiba, Japan.

Where is Yusaku Maezawa now?

In 2019, Maezawa resigned as CEO of e-commerce company Zozo Inc. to devote his time to space travel, selling his business to Yahoo Japan.

Did Yusaku Maezawa go to space?

Japanese billionaire Yusaku Maezawa has returned to Earth after a 12-day journey into space , ending a practice run for his planned trip around the moon with founder Elon Musk’s SpaceX in 2023.

Who is the wealthiest person in Japan?

Tadashi Yanai , the billionaire founder of Uniqlo, is the richest person in Japan — but his lead is narrowing. currently stands at $23.6 billion, down 44% since the beginning of the year.