What is Eitaro Itoyama's Net Worth?
Eitaro Itoyama is a wealthy Japanese businessman who has a net worth of $500 million. Eitaro Itoyama was born on June 4, 1972 in Tokyo, Japan. He is married and has two children. He received his Bachelor of Arts and Science in Business from Nippon University. His fortune was inherited and has been expanded with the administration of nine golf courses including Chiba Shin Nihon Golf Club. Itoyama is mostly known in his country for his controversial participation in the political and commercial life of Japan. He has served four terms in the Diet, which is the Japanese Parliament. In 1974, he became a principal figure in a bribery scandal attaining Itoyama´s Company.
There was an imprisonment of 90 people including Itoyama´s vice president. He was described as the "worst offender" of Japanese law by Peter Herzog. In February 1998, Itoyama became the largest shareholder of Japan Airlines. After engaging into negotiations that he was not authorized to do, he was offered the position of Special Advisor to the Chief Executive Officer in exchange of him giving up certain company rights at JAL. He sold all his JAL shares in the open market in 2006. In recent years, due to the falling of golf value, Itoyama´s net worth has dropped but still remains as one of Japan´s wealthiest men. Besides being a businessman, he is also an educator, a speaker, and a best-seller author of books about politics and business.