Billionaires of gaming

The richest of the rich in gaming revealed

Billionaires of Gaming

Forbes has updated its list of the worlds’ billionaires (US dollar), and among the 1,342 listed, there are only 3 gaming industry luminaries noted – Hiroshi Yamauchi, Yoshikazu Tanaka, and Gabe Newell.

As of March 2013, these are the billionaires in video gaming, and as we’ll see, even the richest get hit by the weakening economy. Try not to cry too hard though, they should be fine.

Hiroshi Yamauchi – US$1.8-billion

Grandfather of Nintendo founder Fusajiro Yamauchi, Hiroshi lead Nintendo for 55 years as CEO. He steered the company through a golden era of collectible playing cards, to pioneering new forms of electronic entertainment. From breaking into the electronic gaming era in 1974 with a Japanese distribution deal for the Magnavox Odyssey, to developing its own home consoles and iconic characters, Nintendo has become synonymous with video gaming as we know it.

Now 85 years old, Hiroshi Yamauchi retired in 2005 after 55 years at the company to become the 11th richest man in Japan. Since then Nintendo has seen its revenue slip, leading the company to post two consecutive years of losses. From September 2012 to March 2013 his worth has slipped from US$2.5 billion to US$1.8-billion. In 2006 he was worth US$7.8 billion before Nintendo plunged into financial semi-crisis.

I’m just afraid the poor old guy won’t be able to put food on the table. Quick! Everyone rush out and buy a Wii U!

Not bad going for a guy who started out making playing cards.

Yoshikazu Tanaka – US$1.8-billion

Possibly one of the richest gaming luminaries you’ve never heard of. Yoshikazu Tanaka is founder and CEO of Japanese mobile gaming and social networking service GREE.

Since September 2012 his wealth has taken a huge knock, down from US$3.5-billion to a paltry US$1.8-billion in March 2013.

According to Forbes, a combination of Japanese government crackdowns on social game marketing, delayed games, and slow overseas sales, has contributed to a 50% drop in the company’s share price in the past year.

Social game bubble burst? Let’s see if Tanaka is still on the list 6 months from now.

Yoshikazu Tanaka

He’s also single, ladies.

Gabe Newell – US$1.1-billion

Good old Gabe Newell probably needs no introduction among most Western PC gamers, but we’ll do the honoraries anyway.

Gabe Newell is a founder of Valve Corporation, famous for the Half-Life, Portal, and Left 4 Dead franchises, and of course, digital distribution platform Steam.

Gabe is hanging in there with US$1.1-billion, down from US$1.5-billion in September 2012. He’s been spending a lot on Pantene for Beards.

Gabe Newell - fluffy beard

One more fat joke and you can wave goodbye to Half-Life 3.

If you haven’t had enough of rich gaming industry types, check out our list of the 10 richest in the world: 10 richest people in the gaming industry

More gaming features

Lara Croft and Tomb Raider over the ages

PS3 graphics comparison over the ages

Where to get the cheapest PS3?

5 gaming facts you need to know

Tags: gabe newell, headline, Hiroshi Yamauchi, Yoshikazu Tanaka

Shutterstock is the image partner of MyGaming – technology images can be found here

Poll

Are you playing Destiny, or do you plan to buy Destiny?

View Results

Loading ... Loading ...

Latest News

You can help build giant fighting robots

Giant Robot

One company wants to make the world more epic, one giant robot at a time

1Gbps fibre now available in SA neighbourhoods

Fibre to a panel

Once connected, users are able to choose between line speeds of 4Mbps, 50Mbps, 100Mbps, and 1Gbps

Xbox Games with Gold for November 2014

Microsoft Games with Gold header news

Xbox One and 360 owners, here are your free games for November

Steam Halloween Sale has begun

Steam

Over 400 games at up to 90% off – are you ready to spend?

X

Newsletter Subscription

Name
Email *
Enter the following to confirm your subscription *
Captcha image


Free MyGaming Newsletter:
Subscribe
X
bool(true)