Yusaku Maezawa – Billionaire

Yusaku Maezawa (前澤 友作 Maezawa Yūsaku) birthed 22 November 1975, is a Japanese business owner and also art collection agency. He started the Begin Today business in 1998 as well as on the internet style retail site, Zozotown in 2004. Since May 2016 he is approximated by Forbes to have a total assets of $2.6 billion and also is the 17th wealthiest individual in Japan.
Early life

Maezawa started participating in Waseda Jitsugyo Secondary school in 1991, where he launched a band with his schoolmates called SWITCH STYLE. The band launched their initial EP in 1993. After finishing from secondary school, he chose not to visit university; rather he transferred to the United States with a partner, where he began gathering CDs as well as records of bands that he suched as. When he went back to Japan in 1995, his CD collection came to be the basis for his very first business, which offered imported CDs and also CDs via the mail.
Organisation

In 1998, Maezawa made use of the basis of the mail-order CD service to introduce the firm Beginning Today. The exact same year, authorized with the label BMG Japan. By 2000, Begin Today had actually transferred to an on-line system, had actually started garments, as well as had actually ended up being a joint supply business. In 2001, Maezawa stated a respite on his songs occupation. Begin Today opened up the retail clothes site Zozotown in 2004, as well as 6 years later on, Beginning Today came to be an openly traded firm, listed on the “Moms” Index of the Tokyo Stock market. By 2012, Begin Today was detailed in the First Area of the Tokyo Stock market.
Contemporary Art Structure

Maezawa is the creator of the Tokyo-based Contemporary Art Structure, which he began in 2012 with an objective of “sustaining young musicians as a column of the future generation of modern art.” The Contemporary Art Structure presently organizes collection programs two times a year. In May 2016 Maezawa brought in considerable media attention with a document acquisition cost at public auction of $57.3 million for an untitled job by the musician, Jean-Michel Basquiat. At the exact same public auction, Maezawa purchased items by Bruce Nauman, Alexander Calder, Richard Royal prince, as well as Jeff Koons, investing an overall acquisition of $98 million over 2 days. Maezawa intends to open up a modern art gallery in Chiba, which will certainly house his collection.

It is according to Wikipedia