Masatoshi Ito

About Masatoshi Ito

Birth Year: 1924
Birth Place: Tokyo, Japan, Japan
Residence: Tokyo, Japan
Known for: Owner, founder, and honorary chairman of Ito-Yokado
Spouse(s): married
Children: 3

Masatoshi Ito Net Worth

Masatoshi Ito was bornon 1924 in Tokyo, Japan, Japan. Masatoshi Ito is honorary chairman of Japan's biggest retail group, Seven & i Holdings. Seven & i Holdings has 60,000 stores in 17 countries and nearly $54 billion in annual revenues. The company is best known for its thousands of 7-Eleven convenience stores in Japan, the U.S. and China. The company also controls the franchises for Denny's restaurants in Japan and owns department stores, supermarkets, and financial services firms. Ito, Seven &i's largest shareholder, owns about 11% of the company.
Masatoshi Ito is a member of Fashion and Retail

💰 Net worth: $4.1 Billion (Updated at 22 June 2018)

2009 $2.2 Billion
2010 $1.9 Billion
2011 $2.4 Billion
2012 $2.5 Billion
2013 $2.7 Billion
2014 $3.5 Billion
2015 $3.4 Billion
2016 $3.6 Billion
2017 $3.6 Billion
2018 $3.9 Billion

Biography/Timeline

2014

He is the owner, founder, and honorary chairman of $30 billion (sales) Ito-Yokado Retailing group, the second largest Retailing organization in the world, which includes more than 10,000 7-Elevens in Japan and the U.S. Mr. Ito built the company from a small apparel store in Tokyo, into a corporation with annual revenues of more than $28 billion and a labor force of more than 125,000. The Ito-Yokado Group includes more than 10,000 7-Eleven stores in Japan and 5,800 in North America, along with 1,000 other stores—department stores, restaurants, specialty shops, supermarkets, and superstores. Ito-Yokado is also the Japanese franchisee for Oshman’s sporting goods stores, Robinson’s department stores, and Denny’s restaurants. Recently the company has begun opening superstores in China.

2019

Mr. Ito has been a significant supporter of the Peter F. Drucker and Masatoshi Ito Graduate School of Management, with an initial $3 Million gift to help build the school’s current home, and a subsequent $20 Million gift to assist the School with its strategic plans for the Future. His son, Junro, earned his MBA at the Drucker School in 1989 and is active in the Drucker alumni association in Japan.