Billionaire Profile

Global Rank

#1099

Image: Public domain | via Wikimedia Commons

Masahiro Miki

CEO, ABC-Mart

Real-Time Net Worth

$3.7B

As of December 2025

Age

Source

Shoes

Industry

fashion-retail

Citizenship

Biography

Masahiro Miki is a Japanese billionaire businessman and the founder of ABC-Mart, a leading footwear retailer. Born in 1955, Miki's entrepreneurial journey began with the establishment of Kokusai Boeki Shoji in 1985, which was later rebranded as ABC-Mart. His strategic vision and leadership propelled ABC-Mart to become a major player in the retail industry, expanding its operations throughout Japan and internationally. Miki's net worth is estimated at $3.7 billion, primarily from his stake in ABC-Mart. His career includes building ABC-Mart into a leading shoe retailer and expanding its operations across Asia. Miki is also a successful racehorse owner.

Wealth Over Time

Portfolio Holdings

ABC-Mart

In-Depth Profile

Early Life

Masahiro Miki was born on July 26, 1955, in Ise, Japan, to Korean parents. Not much is known about his early life and childhood.

Rise to Success

Miki's entrepreneurial journey started in 1985 when he founded Kokusai Boeki Shoji, a company focused on importing shoes and apparel. In 1990, he rebranded the company as ABC-Mart and expanded into retail, recognizing the opportunity in the shoe industry. ABC-Mart went public in 2002, and Miki served as chairman from 2004 to 2007. His leadership significantly influenced the company's market success.

Key Business Strategies

Miki's key business strategies included offering a wide variety of footwear at competitive prices, which resonated with consumers and led to rapid expansion across Japan. Another key strategy was acquiring the U.S. shoe brand Danner, which not only diversified the company's product portfolio but also positioned ABC-Mart as a global player in the footwear industry.

Philanthropy

Specific philanthropy amounts are not readily available in the provided search results. However, it is known that Miki has made investments in horse racing, owning successful racehorses.

Career Milestones

1985

Founded Kokusai Boeki Shoji

Established a shoe and apparel company that later became ABC-Mart.

1990

Renamed Company to ABC-Mart

Expanded 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, significantly influencing the company's success.