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Conbini Cult

Does JAPAN have BILLIONAIRES? | Conbini Cult Ep 35

11 Feb 2025

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Japan doesn’t seem to have a huge wealth gap, at least not an obvious one, but it’s a capitalist country after all. Who are the richest people in Japan?? How many people are below the poverty line? Let’s find out. Words mentioned/useful words舟屋 funaya - boat houses (famous in Ine, Kyoto) 億万長者 okumanchouja - billionaire, multi millionaire, very rich person Got questions or want to share your story? Send us an email [email protected] - @franklinthewomanCheyenne - @lostwithlow**Since we recorded this episode on Jan 12th, seems like Forbes has updated info based on 2024 stats. Numbers 1-3 remain the same but their net worths are even higher now. See here:https://www.forbes.com/billionaires/References:Forbes list https://www.forbes.com/lists/japan-billionaires/How Ethical Is Uniqlo?https://goodonyou.eco/how-ethical-is-uniqlo/Uniqlo and the women owed $5.5 millionhttps://cleanclothes.org/news/2020/uniqlo-and-the-women-owed-55-millionThe Royal Family allowancehttps://www.kunaicho.go.jp/e-about/seido/seido08.htmlMore than 40% of single elderly women struggle to live in povertyhttps://www.asahi.com/ajw/articles/15192214Japan's rich embrace family offices amid market boom and weak yenhttps://asia.nikkei.com/Business/Markets/Wealth-Management/Japan-s-rich-embrace-family-offices-amid-market-boom-and-weak-yenTime stamps00:00 intro/snow in Kyoto/Cali9:43 does Japan have billionaires?12:00 the Forbes list14:39 the #1 richest person23:37 #2 and #3 richest25:30 Japan’s capitalist origins26:34 Japan’s royal family31:38 inheritance tax35:23 poverty rates in Japan37:46 billionaire family nanny 

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