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Forums - Nintendo - What is Shigeru Miyamato's net worth?

megaman79 on 16 August 2009

Yeah i think his bosses are ultimately richer than he is. He's probably got a butt load of stock options too, that most likely values him at half a billion at least, this over his 30yrs of service.



“When we make some new announcement and if there is no positive initial reaction from the market, I try to think of it as a good sign because that can be interpreted as people reacting to something groundbreaking. ...if the employees were always minding themselves to do whatever the market is requiring at any moment, and if they were always focusing on something we can sell right now for the short term, it would be very limiting. We are trying to think outside the box.” - Satoru Iwata - This is why corporate multinationals will never truly understand, or risk doing, what Nintendo does.

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O-D-C on 16 August 2009

Myamoto's worth cant be judged in money



Asriel on 16 August 2009

Yeah, I found out about what kitchensink explained a couple of years ago, and it increased the already immense amout of respect I have for Miyamoto. He really is the best developer in this industry, not just for his games and contributions to interface design over the years, but for his modesty and dedication to the enjoyment of gamers around the world. Gawd bless him.



Mr Khan on 16 August 2009

He gets compensated in mad powers, too. Doesn't he have virtually unlimited powers of intervention in everything EAD is doing?



Monster Hunter: pissing me off since 2010.

Yridian on 16 August 2009
thekitchensink said:
sguy78 said:
I didn't entirely get the answer to my own question, but apparently he refuses to take a higher salary than the other developers at Nintendo, and rides his bicycle to work everyday. Talk about dedication.

I did a biography on him once, and you're absolutely right.  He's been offered the ridiculous kinds of salaries that you'd expect him to have, but he refuses to take a higher paycheck than the likes of, say, Reggie or Iwata.  And he does, indeed ride his bike!

How you can remain so humble when you basically gave $100 billion/year industry its jumpstart AND created its most recognizable characters and franchises is beyond me.  The man has a small house, in the crowded streets of Kyoto, and his hobbies include gardening and breeding his dog.  He's so famous, and by rights should be filthy rich, yet he chooses the mundane lifestyle in lieu of some assuming mansion or something.  It's why he's my idol and role model.

If you did a bio on him, maybe you can answer my question. Years ago I heard he willingly gave up some of his own money, back to Nintendo when it was still run under the previous President. The President himself asking him to do so. I forget the reason, something about not reaching some financial goal. Which made people wonder "If the President of Nintendo has so much money, why is Miyamoto being asked to give money back."

I guess my question is, did I hear right? And if so, what caused all of this to take place.



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DSLover on 16 August 2009
O-D-C said:
Myamoto's worth cant be judged in money

Agreed



 

 

megaman79 on 16 August 2009

Ok some facts, Hiroshi Yamauchi is worth 7.8 billion, the former president of Nintendo. Damn Miyamoto if he isn't worth at least 10% of that, he must be.



“When we make some new announcement and if there is no positive initial reaction from the market, I try to think of it as a good sign because that can be interpreted as people reacting to something groundbreaking. ...if the employees were always minding themselves to do whatever the market is requiring at any moment, and if they were always focusing on something we can sell right now for the short term, it would be very limiting. We are trying to think outside the box.” - Satoru Iwata - This is why corporate multinationals will never truly understand, or risk doing, what Nintendo does.

thekitchensink on 16 August 2009
Yridian said:
thekitchensink said:
sguy78 said:
I didn't entirely get the answer to my own question, but apparently he refuses to take a higher salary than the other developers at Nintendo, and rides his bicycle to work everyday. Talk about dedication.

I did a biography on him once, and you're absolutely right.  He's been offered the ridiculous kinds of salaries that you'd expect him to have, but he refuses to take a higher paycheck than the likes of, say, Reggie or Iwata.  And he does, indeed ride his bike!

How you can remain so humble when you basically gave $100 billion/year industry its jumpstart AND created its most recognizable characters and franchises is beyond me.  The man has a small house, in the crowded streets of Kyoto, and his hobbies include gardening and breeding his dog.  He's so famous, and by rights should be filthy rich, yet he chooses the mundane lifestyle in lieu of some assuming mansion or something.  It's why he's my idol and role model.

If you did a bio on him, maybe you can answer my question. Years ago I heard he willingly gave up some of his own money, back to Nintendo when it was still run under the previous President. The President himself asking him to do so. I forget the reason, something about not reaching some financial goal. Which made people wonder "If the President of Nintendo has so much money, why is Miyamoto being asked to give money back."

I guess my question is, did I hear right? And if so, what caused all of this to take place.

You're almost right.  Nintendo's former president, Hiroshi Yamauchi, refused his own pension (which according to Wikipedia was $9 to $14 million) when he retired, because he thought Nintendo could use the money more than him.  He was already a multi-millionaire, and he's currently the third-richest man in Japan thanks to the stock he still ownsin Nintendo.



Could I trouble you for some maple syrup to go with the plate of roffles you just served up?

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"Ok, girl's trapped in the elevator, and the power's off.  I swear, if a zombie comes around the next corner..."
sguy78 on 16 August 2009

Enough cannot be said about the man.



ganondorf7799 on 16 August 2009

Some years ago I read that Miyamoto got 3% of the Nintendo Shares.
I don't know if this is true or not.