Kazuo Okada’s profile picture

Kazuo Okada

Kazuo Okada’s profile picture
Net worth 2018: $3.54 Billion
Industry: Gaming
Residence: Hong Kong, Hong Kong
Country: Japan
BirthDay: 1942
Children: 3
BIOGRAPHY

Kazuo Okada was bornon 1942 in Hong Kong, Hong Kong, Japan. Kazuo Okada is #778 in List Billionaires People In The World. Okada chairs publicly-traded Universal Entertainment Corp., which manufactures and sells pachinko machines and casino equipment. In December 2016, casino resort Okada Manila began opening in phases in the Philippine capital. Okada owns 74% of Universal Entertainment Corp.

NET WORTH STATISTIC
2010

$1 Billion

2011

$2.1 Billion

2012

$1.8 Billion

2013

$1.3 Billion

2014

$1.35 Billion

2015

$1.25 Billion

2016

$1.1 Billion

2017

$2.4 Billion

2018

$3.54 Billion

TIMELINE
2016

With the December 2016 legislation allowing for 'bona fide' gambling in Japan, Okada is expected to be a major bidder for a casino license along with former partner Wynn and Sands Group

2013

He opened his own art museum in 2013 near the hot-springs resort of Hakone, south-west of Tokyo

2008

In 2008, Steve Wynn declined to join Okada in a major investment to build a casino in Entertainment City in Manila

2005

Wynn Resorts opened its first casino in 2005 in Las Vegas and a second one in 2006 in Macau

2000

In 2000, Okada was introduced to Las Vegas-based casino magnate Steve Wynn, eventually investing $380 million in Wynn’s then-new company, Wynn Resorts

1990

Throughout the 1990s, Universal served as a major supplier of machines to the bustling Japanese pachinko industry

1969

In late 1969, Okada's first visit to Las Vegas led to his decision to enter the business of slot machine manufacturing

1943

1943) is a Japanese billionaire entrepreneur, and art collector

1942

Kazuo Okada was born in 1942 during the Second World War

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