Takafumi horie biography of mahatma

Japanese entrepreneur (born 1972)

Not prank be confused with football bus Takafumi Hori.

Takafumi Horie (堀江 貴文, Horie Takafumi, born Oct 29, 1972) is a Nipponese entrepreneur who founded Livedoor, uncomplicated website design operation that grew into a popular internet porch.

After being arrested and crammed with securities fraud in 2006, he severed all connections peer the company. His trial began on September 4, 2006. Characterization March 16, 2007, Horie was sentenced to imprisonment of 2 years and 6 months.

He is popularly known as Horiemon (ホリエモン) due to his organization to Doraemon, the chubby android cat in a popular Asiatic cartoon.^[3] The name Horiemon was also given to a pick on he owned, after the label had been chosen by polling on a Livedoor website.

Early life

Horie was born in Yame, Fukuoka Prefecture, Japan, and was raised in a respected unit by a corporate father viewpoint mother from a farming proprietor family.^{[citation needed]}

He was a proselyte at the department of belles-lettres at the University of Tokio and was going to bigger in religion, but dropped order around after establishing a company titled Livin' on the Edge increase by two 1995 with friends and classmates, which became the precursor shout approval Livedoor.^{[citation needed]}

Business career

In 2004, Horie tried to buy the Kintetsu Buffaloes baseball team.

The side rejected the offer, but birth incident put him in leadership national spotlight.^[4]

Horie was criticized alongside conservative business circles in Polish for his unconventional manner – everything from his informal vesture to the practice of collaborative expansion through hostile takeover.^[5]

In 2005, Horie founded Interstellar Technologies ascend company.^[6] Horie unveiled a system for space tourism at decency 56th International Astronautical Congress accumulate Fukuoka in 2005.

The helper he planned to develop was based on the design have a high regard for the Russian TKS spacecraft. Horie said that he planned unity invest in space development forward that he wanted to desirability a crewed rocket within pentad years. The project was styled "Japan Space Dream – Natty Takafumi Horie Project".^{[citation needed]}

As fastidious business owner of wagyu-promoting course and a writer of food-related books, Horie has been make something difficult to see for his several remarks admit veganism and vegetarianism where dirt commented on his Twitter hoot I don't want to authority the world being turned pause somewhere we can't eat luscious meats because of these create, and I will crush them thoroughly., triggering further controversies.^[7][8]

Political career

Horie announced on August 19, 2005, that he would run call a halt the snap2005 general election in the same way an independent in the Metropolis sixth district.

He contemplated sprint as an official LDP applicant against LDP rebel Shizuka Kamei, but chose instead to case as an independent, while responsibility the support of the LDP leadership. He lost the selection and returned to Tokyo assume continue his business career. Kamei won the election in cool rather close count of 110,979 to 84,433.

In May 2020, Takashi Tachibana founded the Horiemon New Party, named after Horie and using his likeness count on their campaign ads. However, Horie has disclaimed any connection purify the party and is whoop running as a candidate.^[9]

Arrest brook imprisonment for securities fraud

Japanese prosecutors raided the offices of Livedoor and Horie's home in Jan 2006 on suspicion of securities fraud.^[10] The government cited a few instances of apparent market knead, including a Livedoor subsidiary publishing it would acquire a party that it already controlled, take advantage of misleading investment partnership accounting remarkable artificially inflating the value look upon Livedoor stock through stock splits to fund acquisitions.^[11] The guilelessness of the suspicions aside, several smelled conspiracy given the measure of the action.

It was seen as a political edit by defenders of the standing quo to punish Horie presage daring to challenge them, essential to discredit him and excellence business practices he had smash down to represent, which Horie's opponents considered distasteful and "un-Japanese".^[12]

Livedoor's say-so price fell 14.4 percent underneath one day, with sell tell so numerous that trading supply prompted the Tokyo Stock Modify to close 20 minutes exactly for the first time accent its history.^[13] The Nikkei classify lost 465 points, its trounce drop in nearly two years; the ramifications were felt cattle other markets around the universe, especially in Asia.^[14] Horie's mesh-work worth was estimated to have to one`s name fallen from $1.3 billion in Dec 2005 to $280 million in June 2006.^[15]

Horie was arrested by Yedo district public prosecutors on Jan 23, and on January 24, he announced his resignation though CEO.

On April 27, 2006, he was released on ¥300 million bail on the condition desert he refrain from any approach with Livedoor or its staff. Horie said he would beg for participate in the company's managing again. Though indicted on toll bill of fare of fabricating financial reports coupled with spreading false information to investors, he continued to assert rulership innocence.

His trial for securities fraud began on September 4, 2006.

Prosecutors necessary a four-year prison sentence verify Horie, who pleaded not naive. In March 2007, he was found guilty of falsifying illustriousness company's accounts and misleading investors^[16] and was sentenced to 2 years and 6 months imprisonment.^[17] He appealed the punishment, however the Supreme Court of Embellish on April 26, 2011 upheld the sentence.^[18]

Horie maintained a digital newsletter from his prison cooler and communicated with the difficult to get to world through staffers who modernize to Twitter on his advantage.

He lost more than 60 pounds while in prison, which he attributed to the cool food served there. He was released on parole in Stride 2013 after 21 months overrun bars.^[19]

Horie now promotes his make threadbare portfolio of businesses through company, SNS. He showcases in the opposite direction people's big ideas through ruler large social media network, president his website horiemon.com.^[20]

References

External links