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Billionaire Profile
Masahiro Miki
Global Rank
#1176

Image: nakashi | CC BY-SA 4.0 | via Wikimedia Commons

Masahiro Miki

CEO, Shoes
JAPAN
Real-Time Net Worth
$3.608B
Estimated based on Shoes stock value as of March 6, 2026
+0.2% (24h)
Age
70
Source
Shoes
Industry
Fashion & Retail
Citizenship
JAPAN

Biography

Masahiro Miki, born in 1955, is a Japanese billionaire businessman known for founding ABC-Mart, a prominent shoe retailer. With a current net worth of $3.9 billion (as of November 2025), Miki's journey began in 1985 when he established Kokusai Boeki Shoji, later rebranded as ABC-Mart. He served as chairman from 2004 to 2007. Miki's career reflects a keen understanding of the fashion retail industry, leading to the expansion of ABC-Mart across Japan and beyond. His success is a testament to his entrepreneurial spirit and strategic business acumen. He is also a successful racehorse owner.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Masahiro Miki was born on July 26, 1955, in Ise, Japan, to Korean parents. He attended Korean schools, Yokkaichi Joseon Elementary and Intermediate School and Aichi Joseon Middle and High School. After graduating from Toho Gakuin Junior College in 1983, he became a naturalized Japanese citizen.

Rise to Success

In 1985, Miki founded Kokusai Boeki Shoji, a company that imported shoes and apparel. Recognizing the weak competitiveness of Japan's shoe industry, he entered the shoe distribution market. In 1990, the company expanded into the retail business and was renamed ABC-Mart. ABC-Mart grew rapidly, becoming a major player in the Japanese footwear market.

Key Business Strategies

Miki's success stems from several key business strategies. The company focused on offering a wide variety of footwear at competitive prices, resonating with consumers. Miki's leadership as chairman from 2004 to 2007 significantly influenced its market success. ABC-Mart also expanded its operations into other Asian countries, making Miki a billionaire businessman.

Philanthropy

Information regarding specific amounts or initiatives is not available via search.

Career Milestones

1985

Founded Kokusai Boeki Shoji

Established a company that imported shoes and apparel.

1990

Renamed Kokusai Boeki Shoji to ABC-Mart

Expanded the business to retail.

2002

ABC-Mart went public

The company was listed on the Tokyo Stock Exchange.

2004-2007

Chairman of ABC-Mart

Served as chairman of the company.

Philanthropy & Social Impact

Unknown

Not available

$XB

Details not available.

Business Philosophy & Leadership

Notable Quotes

"Not available"

Leadership Principles

Not available

Details not available.

Controversies & Challenges

Not available

Not available

Details not available.

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