Moon-Bound Billionaire Maezawa Bets on Japan Apparel Brands
- Zozo founder Maezawa buys stakes in Adastria, United Arrows
- Maezawa, worth $3.5 billion, may advise the two companies
Yusaku Maezawa
Photographer: Akio Kon/BloombergThis article is for subscribers only.
Yusaku Maezawa, the Japanese billionaire who sold his online apparel company to Masayoshi Son and is preparing to ride around the moon on Elon Musk’s spacecraft, jumped back into the country’s business scene Thursday with a set of unlikely bets on brick-and-mortar clothing retailers.
In a set of filings, Maezawa disclosed stakes making him the third-largest shareholder in fashion retailers United Arrows Ltd. and Adastria Co. The holdings are worth a combined 7.6 billion yen ($71 million).