is a Japanese
billionaire
A billionaire is a person with a net worth of at least one billion (1,000,000,000, i.e., a thousand million) units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. The American busin ...
entrepreneur and art collector. He founded Start Today in 1998 and launched the online fashion retail website Zozotown in 2004, now Japan's largest. Most recently, Maezawa introduced a custom-fit apparel brand ZOZO and at-home measurement system, the ZOZOSUIT, in 2018. As of December 2021, he is estimated by ''
Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...
'' to have a net worth of $2.0 billion.
Early life
Maezawa began attending
Waseda Jitsugyo High School in 1991, where he started a
hardcore punk
Hardcore punk (also known as simply hardcore) is a punk rock music genre and subculture that originated in the late 1970s. It is generally faster, harder, and more aggressive than other forms of punk rock. Its roots can be traced to earlier punk ...
band with his classmates called , in which he was the drummer.
[Yusaku Maezawa: Japanese billionaire tweets most retweeted tweet]
, BBC, 7 Jan 2019 The band released their first EP in 1993. After graduating from high school, he decided not to go to college; instead he moved to the US with a girlfriend, where he started collecting CDs and records. When he returned to Japan in 1995, his album collection became the basis for his first company, which sold imported albums and CDs through the mail.
Business
In 1998, Maezawa used the basis of the mail-order album business to launch the company Start Today. The same year, his band signed with the label
BMG Japan
Bertelsmann Music Group (BMG) was a division of a German media company Bertelsmann before its completion of sale of the majority of its assets to Sony Corporation of America on 1 October 2008. Although it was established in 1987, the music com ...
. By 2000, Start Today had moved to an online platform, had begun selling clothing, and had become a public company. In 2001, Maezawa declared a hiatus on his music career. Start Today opened the retail clothing website Zozotown in 2004, and six years later, Start Today became a publicly traded company, listed on the "Mothers" Index of the
Tokyo Stock Exchange
The , abbreviated as Tosho () or TSE/TYO, is a stock exchange located in Tokyo, Japan. It is the third largest stock exchange in the world by aggregate market capitalization of its listed companies, and the largest in Asia. It had 2,292 listed co ...
. By 2012, Start Today was listed in the First Section of the Tokyo Stock Exchange.
In 2018, Maezawa introduced ZOZO, a custom-fit clothing brand and the ZOZOSUIT, an at-home measurement system, in over 72 countries and territories.
Maezawa resigned from ZOZO in September 2019 after selling a stake of 50.1% in the company to
SoftBank
is a Japanese multinational conglomerate holding company headquartered in Minato, Tokyo which focuses on investment management. The Group primarily invests in companies operating in technology, energy, and financial sectors. It also runs the ...
for (400 billion Yen). He also sold 30% of his personal stake in ZoZo to
Yahoo Japan.
Contemporary Art Foundation
Maezawa is the founder of the Tokyo-based Contemporary Art Foundation, which he started in 2012 with a goal of "supporting young artists as a pillar of the next generation of contemporary art."
The Contemporary Art Foundation currently hosts collection shows twice a year. In May 2016, Maezawa attracted significant media attention with a record purchase price at auction of $57.3 million for an
''Untitled'' (1982) artwork of a devil by
Jean-Michel Basquiat
Jean-Michel Basquiat (; December 22, 1960 – August 12, 1988) was an American artist who rose to success during the 1980s as part of the Neo-expressionism movement.
Basquiat first achieved fame as part of the graffiti duo SAMO, alongside Al ...
, and broke a record again in May 2017 with a $110.5 million auction for another ''
Untitled
Untitled or (Untitled) may refer to:
Artworks
* '' Untitled (2004)'', by Banksy
* ''Untitled'' (1982 painting), by American artist Jean-Michel Basquiat
* ''Untitled'' (Devil), a 1982 painting by American artist Jean-Michel Basquiat
* ''Untitled ...
'' (1982) of a skull by the same artist. At the same 2016 auction, Maezawa bought pieces by
Bruce Nauman
Bruce Nauman (born December 6, 1941) is an American artist. His practice spans a broad range of media including sculpture, photography, neon, video, drawing, printmaking, and performance. Nauman lives near Galisteo, New Mexico.
Life and work ...
,
Alexander Calder
Alexander Calder (; July 22, 1898 – November 11, 1976) was an American sculptor known both for his innovative mobiles (kinetic sculptures powered by motors or air currents) that embrace chance in their aesthetic, his static "stabiles", and his ...
,
Richard Prince
Richard Prince (born 1949) is an American painter and photographer. In the mid-1970s, Prince made drawings and painterly collages that he has since disowned. His image, ''Untitled (Cowboy)'', a rephotographing of a photograph by Sam Abell and ...
, and
Jeff Koons
Jeffrey Lynn Koons (; born January 21, 1955) is an American artist recognized for his work dealing with popular culture and his sculptures depicting everyday objects, including balloon animals produced in stainless steel with mirror- finish su ...
, spending a total of $98 million over two days. Maezawa plans to open a contemporary art museum in
Chiba
Chiba may refer to:
Places China
* (), town in Jianli County, Jingzhou, Hubei
Japan
* Chiba (city), capital of Chiba Prefecture
** Chiba Station, a train station
* Chiba Prefecture, a sub-national jurisdiction in the Greater Tokyo Area on ...
, which will house his collection.
Spaceflights
Announced circumlunar flight
On 17 September 2018, it was announced that Maezawa will be the first
commercial passenger to do a
flyby around the
Moon
The Moon is Earth's only natural satellite. It is the fifth largest satellite in the Solar System and the largest and most massive relative to its parent planet, with a diameter about one-quarter that of Earth (comparable to the width of ...
. He will fly on board a
SpaceX Starship
Starship is a Fully-reusable orbital launch vehicle, fully reusable, super heavy-lift launch vehicle under development by SpaceX, an American aerospace company. With more than twice the thrust of the Saturn V, it is designed to be the most powe ...
, which has been in development since 2017. The flight is slated to take place no earlier than 2023 with a duration of nearly six days. He originally planned to take six to eight artists with him as a part of an art project he has created entitled
#dearMoon.
[Maezawa wants you: Japan billionaire seeks 'crew' for moon trip]
, Sam Nussey, BBC #REDIRECT BBC #REDIRECT BBC
Here i going to introduce about the best teacher of my life b BALAJI sir. He is the precious gift that I got befor 2yrs . How has helped and thought all the concept and made my success in the 10th board exam. ...
...
, 2021-03-03 Finally, in December 2022. Maezawa announced that he chose his crew members, and he selected them as the group of his favorite artists, such as DJ
.
spacecraft. He spent 12 days on the orbital station with his assistant,
, where he completed the top 100 things demanded by public, as well as recorded highlights in preparation for the SpaceX lunar flight.
The flight lifted off on 8 December 2021, from
. On 18 December, Maezawa announced that he will start a campaign in which every participant will receive a sum of money "from space." The campaign started on 19 December. He returned as planned on 20 December.
(approx US$9300) each to 100 randomly selected people who retweeted the message and followed him. More than four million people ended up retweeting Maezawa's tweet and following him.
message and followed him.
The message surpassed the 3 million retweet's mark.
, Japan.