The new Japanese billionaire: meet Shunsaku Sagami, his country’s youngest businessman on the Forbes list

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Fortuna reached US$ 1 billion through his participation in the company he founded, M&A Research Institute Holdings, which unites buyers to small and medium-sized companies that could close due to having no one to replace the owners. Shunsaku Sagami Reproduction/M&A Research Institute Holdings The Forbes list of billionaires currently has 38 Japanese. In addition to these, a 39th person has also been frequenting the ranking in recent weeks: businessman Shunsaku Sagami, 32 years old. He is the youngest Japanese to make the list today. As of the last day of April, market estimates were that Sagami was worth just over $1 billion. The fortune comes from his stake in the company he founded, M & A Research Institute Holdings, a brokerage specializing in mergers and acquisitions of small and medium-sized companies (read more below). He owns 73% of the company’s shares. And precisely because your equity is closely linked to the performance of these shares, when they go through a period of devaluation, your fortune also decreases a lot. In the last five trading sessions, M&A Research shares fell 5.88% on the Tokyo stock exchange, leading to a drop in Sagami’s fortune, which temporarily removed him from the select list of billionaires. The young businessman is going through a period of “in and out” of the ranking, but market expectations, according to Forbes, are that the company has room to consolidate itself in the market, which will soon bring Sagami’s billionaire status back . The assessment is no coincidence: since it was listed on the stock exchange in June last year, M&A Research has already had a significant increase of around 300% in the value of its shares. The history of a ‘negotiator’ Shunsaku Sagami Reproduction/M&A Research Institute Holdings Before founding the mergers and acquisitions company, Shunsaku Sagami worked as an advertiser, and it was from this experience that the idea of ​​undertaking in the financial market was born. According to Forbes, Sagami created a fashion media company in 2015, Alpaca, which was soon bought out by a larger PR agency, Vector. Later, the union became Smart Media. The then publicist continued working at the company and started to participate in the purchasing processes of other small and medium-sized companies in the sector, which aroused his interest in the area. It was by participating in these activities that he identified improvements that he could make in the processes and decided to create M&A Research, as reported by the businessman himself. Sagami says his main goal with is to help keep small and medium-sized businesses afloat. To do this, the brokerage uses artificial intelligence to identify and match potential buyers to companies that are still profitable, but are experiencing succession problems. It is common for companies to close their doors because they have older people in charge, with no perspective of who would replace them. The Japanese in the billionaire ranking 👨👩 Among the Japanese billionaires on the Forbes list, 35 are men and only three are women; 🤑 The richest Japanese on the list, also in the fashion business, is 74-year-old Tadashi Yanai, president of Fast Retailing, Uniqlo’s parent company, with a fortune of $ 34,8 billion. 👦 In addition to Sagami, the youngest in the ranking is Yusaku Maezawa, founder of a 47-year-old fashion retail website, with a fortune of US$ 1,7 billion; 👴 Already the oldest is Nobutoshi Shimamura, founder of the Shimamura fashion store, aged 97 and a heritage of US$ 1,3 billion;

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