What is Kunio Busujima's Net Worth?
Kunio Busujima, a prominent Japanese billionaire, had an impressive net worth of $4.9 billion at the time of his death on October 22, 2016. Busujima was the esteemed founder of Sankyo, one of Japan's three largest pachinko machine manufacturers. For a significant portion of his later career, he held the position of honorary chairman, while his son, Hideyuki, currently manages the company.
Career Achievements
Before establishing Sankyo in 1966, Kunio Busujima gained valuable experience working at rival pachinko manufacturer Heiwa. His decision to branch out and create his own company proved to be a pivotal moment in his career. Sankyo quickly gained recognition for its innovative models and swift product delivery, securing its position within Japan's largest industry.
Impact on Japan's Economy
Kunio Busujima's business acumen was particularly evident during Japan's economic downturns, as the pachinko industry often thrived when traditional employment opportunities dwindled. Workers, facing limited job prospects, found both time and incentive to engage in pachinko gambling, contributing to Sankyo's continued success.
Hobbies and Personal Life
Beyond his business endeavors, Busujima was a passionate golfer. He even owned an 18-hole golf course, which served as the venue for an annual female professional golf tournament sponsored by his company. As for his personal life, he was married and had four children, demonstrating a balanced life between his professional and private worlds.