At 30, Taikichiro Mori was an economics professor in Japan. He didn't start his real estate business until he was 51. At 87, Forbes named him the richest person alive.
Mori had been an academic his entire adult life, teaching commerce and trade at Japanese universities from 1932 onward and eventually running the business school at Yokohama City University. His father, a rice merchant, had quietly picked up a handful of small buildings in Tokyo over the years. When Mori was 51, he started managing that property on the side.
At 55, after his father died and left him the buildings, he quit teaching and moved into real estate full time. The year was 1959, right as Japan kicked off one of the fastest economic booms any country has ever run.
He focused on Toranomon, a stretch of central Tokyo packed with narrow lanes and old wooden houses, a neighborhood that had been flattened by an earthquake in 1923 and again by wartime bombing. The work was slow. For one project he spent seventeen years convincing roughly 500 residents to agree, sometimes giving them new apartments at his own expense. He numbered his buildings as he went. Mori Building One, Mori Building Two, and on down the line.
By 1991, Japan's land boom had pushed Tokyo real estate to sky-high prices, and Mori sat right on top of it. Forbes ranked him the richest person in the world that year, worth about 15 billion dollars, more than 30 billion in today's money. He held the title again in 1992, worth roughly double Bill Gates that year, even as the land bubble began to deflate and his net worth fell two billion dollars in a single year.
The company is still going. Mori Building brings in around 386 billion yen a year, close to 2.5 billion dollars, and it built Roppongi Hills, which draws 40 million visitors annually. In 2023 it finished Azabudai Hills, anchored by a 330 meter tower that is now the tallest building in Japan. Mori had started negotiating for that land back in 1989. The tower opened thirty years after he died.
The career he is remembered for did not begin until he was past 50. At 30, he was grading papers.
The @WorldBankGroup has downgraded Malawi’s 2026 economic growth forecast from 2.6% to 2.3%. With the population growing at 2.6% p.a, this slowdown means GDP/capita is shrinking, directly threatening local living standards 1/2
Steven Bartlett says a few glasses of wine ruined the next 3 days of his life
“It's one of those areas where you don't understand the hidden cost until you really give it up for a while. I stopped drinking at 30 years old. I'm now 33. When I was 31, I thought, I'll have a drink again because now I could really A/B test it. I had a year of not drinking, decided to have a drink again”
“It ruined three days of my life. I had a couple of glasses of wine, didn't get drunk. It ruined three days of my life because of the domino effect it caused”
“I got worse sleep that night, and then because I got worse sleep that night, I ate more poorly the next day because my dopamine system or whatever, the cortisol system was all messed up. I podcasted worse. I didn't go to the gym that day or the day after because I felt really bad. I then slept worse, and I could track all of this on my Whoop”
🚨 BREAKING: José Mourinho back to Real Madrid, HERE WE GO! 💣🤍
All terms have been verbally agreed between José Mourinho and Real Madrid, waiting to sign all documents.
Plan for initial two year deal, JM to travel to Madrid after Real-Bilbao game.
The Special One is back.
Lol yall can't be serious. I have literally never watched a special Steph moment or stretch of play and said "man... would he do this without Draymond?"
🚨 Luis Enrique: “I've never seen such an intensity and physical level. We have to congratulate everyone”.
“We deserved to win, we deserved to draw and we deserved to lose today. It was a fantastic game”.