What is Shigenobu Nagamori's Net Worth?
Shigenobu Nagamori is a Japanese businessman who has a net worth of $1.3 billion. Mr. Nagamori made his way to riches as the Chairman and CEO of Nidec, the world's leader in production of electric motor drives. The company has made a recent shift to semiconductors, robotics and medical devices.
It turned out to be a wise move as it boosted sales and margins over the past year. As for Nidec's stock price, it is up 115%. As of January, Nidec announced a share repurchase plan.
Who's Richer?
