Saturday, January 22, 2011

youngest billionaire in Asia

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Yoshikazu Tanaka is a student of others' success. The founder of social networking site Gree has designed his offices to evoke the minimalist "Apple and Nintendo white." Meeting rooms are named after the hallowed ground of American Internet giants. One is dubbed Sunnyvale after the location ofYahoo's headquarters; another is Mountain View, home toGoogle. "It's kind of Zen," explains the 32-year-old entrepreneur, dressed in an open-neck shirt, hip-hugging jeans and sneakers.
He also closely watches the moves of his Japanese rivals, particularly social networking sites Mixi and DENA. Every Monday morning at ten the young chief executive presides over a staff meeting at his headquarters in Tokyo's swank Roppongi Hills neighborhood, in which he psychs up his employees to "aim for number one" and overtake their competitors.
Tanaka is one of only three billionaires in Asia under the age of 35 and the only one to have made his own money. (China's Yang Huiyan, 28, got her stake in real estate developer Country Garden from her father, who runs the firm. So, too, did Li Zhaohui, 28, also from the mainland, who inherited his steel firm from his late father.) In fact the only younger self-made billionaire in the world is Facebook's founder Mark Zuckerberg, 25.In one respect Tanaka has already bested them. Thanks to Gree's soaring stock, which doubled in 2009, Tanaka, who owns 51% of the company and has sold $170 million worth of shares since the December 2008 offering, is worth $1.6 billion, enough for him to rank No. 18 among Japan's 40 Richest. Mixi's founder, Kenji Kasahara, ranks No. 33, with a net worth of $720 million, while DENA's Tomoko Namba misses the cut with a fortune of less than $500 million.
collection of http://jauhari-englishhomework.blogspot.com/
[Question: what would yo do if you have a million dollar?]

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