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View Full Version : Former Nintendo Boss "Suffering" Through Nintendo "Downturn" [Business]



indiegames
January 13th, 2010, 10:05
http://cache.gawker.com/assets/images/9/2010/01/500x_yama.jpg (http://cache.gawker.com/assets/images/9/2010/01/yama.jpg)Late-year surge aside, 2009 was a time of slight decline for Nintendo, spurred by a slide in sales for the once-booming Wii. And nobody felt that slide more than the company's former boss Hiroshi Yamauchi (http://kotaku.com/tag/hiroshiyamauchi/).
Yamauchi, who not only ran Nintendo from 1949 to 2002 but is also the company's single biggest shareholder, was not too long ago the richest man in Japan (http://kotaku.com/388326/japans-richest-man-isyes-hiroshi-yamauchi), with a personal fortune estimated at USD$7.8 billion.
Now, though, he's not the richest man in Japan. Poor Yamauchi. Still, don't shed too many tears for the man; despite dropping from first to third (http://kotaku.com/5156970/former-nintendo-president-not-as-rich-still-filthy-rich-though) to seventh on Forbes' list of Japan's richest people, he still has an estimated worth of USD$3.8 billion.
Half of what he had, yes, but still enough to dry any tears.
Also making Forbes' list with $780 million was Hajime Satomi, boss of pachinko (and video game!) company Sega Sammy, at #32 (http://kotaku.com/tag/32/).
Japan's Richest (http://www.forbes.com/lists/2010/73/japan-rich-10_Japans-Richest_Rank.html) [Forbes]


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