Investing

88-Year-Old Japanese Ex-Pet-Shop Owner Built A $14 Million Fortune Buying Stocks

  • Shigeru Fujimoto started trading 69 years ago as a 19-year-old
  • Fans and local media call him Japan’s ‘Warren Buffett’
Shigeru FujimotoPhotographer: Yasutaka Tamura/Bloomberg
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When a regulatory filing revealed a stake of more than 5% had been built up in Japanese property management firm Storage-OH Co. last October its shares spiked 17%.

The investor that provoked the fevered market response was Shigeru Fujimoto, an 88-year-old former pet-shop owner from the city of Kobe.