Masatoshi Ito
Fashion and Retail

Masatoshi Ito Net Worth

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Masatoshi Ito was born in 1924 in Tokyo, Japan and is the honorary chairman of Seven & i Holdings, the largest retail group in Japan with 60,000 stores in 17 countries and annual revenues of nearly $54 billion. The company is well-known for its 7-Eleven convenience stores, Denny's restaurants, department stores, supermarkets, and financial services firms. Ito is the largest shareholder of the company, owning 11% of the company.
Masatoshi Ito is a member of Fashion and Retail

Age, Biography and Wiki

Birth Year 1924
Birth Place Tokyo, Japan, Japan
Age 99 YEARS OLD
Residence Tokyo, Japan
Known for Owner, founder, and honorary chairman of Ito-Yokado
Spouse(s) married
Children 3

💰 Net worth: $4.35 Billion (2024)

Masatoshi Ito, a prominent figure in the world of fashion and retail in Japan, is projected to have a net worth of around $4.35 billion by the year 2024. With extensive investments and business ventures in various retail industries, Ito has established himself as a successful entrepreneur in the country. Known for his contributions to the fashion industry, his wealth highlights the immense success and influence he has achieved throughout his career. With his innovative business strategies and dedication to the field, Masatoshi Ito continues to shape the fashion and retail landscape in Japan.

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.

Tags Businesspeople in retailing Japanese businesspeople 1924 births Living people Japanese billionaires 20th-century Japanese businesspeople 21st-century Japanese businesspeople

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Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.