was a Japanese

real estate Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more general ...

magnate The magnate term, from the late Latin ''magnas'', a great man, itself from Latin ''magnus'', "great", means a man from the higher nobility, a man who belongs to the high office-holders, or a man in a high social position, by birth, wealth or ot ...

with an estimated fortune of $5.7 billion, putting him among the five richest people in Japan. He was chairman of the Iwasaki Sangyo Group, a major transportation,

tourism Tourism is travel for pleasure or business; also the theory and practice of touring (disambiguation), touring, the business of attracting, accommodating, and entertaining tourists, and the business of operating tour (disambiguation), tours. Th ...

and

hotel A hotel is an establishment that provides paid lodging on a short-term basis. Facilities provided inside a hotel room may range from a modest-quality mattress in a small room to large suites with bigger, higher-quality beds, a dresser, a ref ...

company in southern Japan, founded by his father, Yōhachirō Iwasaki. Iwasaki was a resident of

Kagoshima , abbreviated to , is the capital city of Kagoshima Prefecture, Japan. Located at the southwestern tip of the island of Kyushu, Kagoshima is the largest city in the prefecture by some margin. It has been nicknamed the "Naples of the Eastern wor ...

and held a

bachelor's degree A bachelor's degree (from Middle Latin ''baccalaureus'') or baccalaureate (from Modern Latin ''baccalaureatus'') is an undergraduate academic degree awarded by colleges and universities upon completion of a course of study lasting three to six ...

from Rikkyo University.

External links

Forbes.com: Forbes World's Richest People
Forbes 2007 list of billionaires estimates his net worth at $2.1 billion. 1925 births 2012 deaths Japanese billionaires Rikkyo University alumni 20th-century Japanese businesspeople 21st-century Japanese businesspeople People from Kagoshima Prefecture {{Japan-business-bio-stub