Gensiro Kawamoto (born 1932), Japanese Businessperson | World That goes against the fears of many neighbors who complained bitterly for years that Kawamotos actions were depressing the property values in the pricey neighborhood. Who are the Billionaires that own mansions in Japan? Bye, Bye Genshiro Kawamoto Hello, Kahala Avenue Property Values What all that means for one of his former homes is hard to say, but considering what has already happened, its more than likely the sprawling structure will simply be allowed to fall apart and slowly cease to be of interest. Yeah, its certainly unique. He answered Hawaii News Now in one, matter-of-fact word: Jealous.. His name has been spelled Genshiro and Gensiro. Far East Organization, one of the largest private property developers . I saw him on Wednesday walking in Ginza but that is unusual, a Marugen tenant says of Kawamoto. Kawamoto paid around $170 million for the properties that he sold to Alexander & Baldwin for $98 million. [2] Turbin believes Kawamoto relished tweaking his neighbors and showing off his power,. Jeff Bezos The name Genshiro Kawamoto has been famous in Hawaii since the late 1980s, when the Japanese billionaire was emblematic of a wave of Japanese investment in the islands. A common question was why dont people have away with the stuff. The real story behind it (or at least its owner) isnt quite so dramatic, but perhaps predictably it does involve money lots and lots of money. Biography; Awards; Trivia; IMDbPro. They aren"t investment vehicles." Since then, . A&B sells last 3 Kawamoto homes in Kahala for total of $11M In an interesting wrinkle, some of these lots were competing for sales against new homes built on lots that had also been part of Kawamoto's original 30. 5 billion, making it the most expensive condo ever sold in Japan. Definitely some vandalism gone on, but yeah, not that much really. Language links are at the top of the page across from the title. To add to that it must have been freezing with all those windows. Not willing to change her identity to be part of the industry, Mahina Florence is at the height of her career because of her flawless Hawaiian complexion, strong athletic build, and friendly aloha spirit. Ever since its namesake was arrested in Japan this March for allegedly failing to pay over $10 million in taxes to the Japanese government (Kawamoto bailed himself out for $5 million), speculation has increased that he will soon sell all of the properties, most likely to a large Japanese corporation that will sell them to individual buyers. In September 2013, Kawamoto sold all of his Hawaii assets to Alexander and Baldwin for $128 million. Kawamoto offered to buy properties in cash with a five-day close. But Kawamoto does not live in any of the properties. Needless to say Kawamoto challenged the decision, but in January last year a final appeal was dismissed by the Supreme Court and both the sentence and fine were upheld. He moved to Tokyo in 1972. What an interesting place. The transaction was brokered by Steve Sombrero, president of NAI ChaneyBrooks. Once belonging to billionaire . Genshiro Kawamoto Biography It looks like we don't have any Biography for Genshiro Kawamoto yet. I especially liked the mirrored room photograph. Kawamoto also has properties in Hawaii and a home in Atami City, Shizuoka Prefecture. He bought 30 homes in Kahala, which then did nothing but sit unoccupied and disintegrating, except for a brief time when he offered them for rent to Native Hawaiian families before scrapping that plan. Japanese billionaire Genshiro Kawamoto has decided to place several of his Kahala homes on the market.. View Oahu luxury homes here.. 4607 Kahala Ave (MLS# 1006464) is listed for $17.8 MillionPrices range from $1.88 Million to $17.8 Million. What does Kawamoto think of his critics? Likely something Ill never see again as well. Genshiro Kawamoto - Biography - IMDb If you're looking to enter Oahu's most publicized luxury market, now may be your chance. Take a stroll along Kahala Avenue and its clear that change is happening now that eccentric Japanese billionaire Genshiro Kawamoto has sold his controversial properties. When I first saw photos of it several years ago, it obviously piqued my interest, but its then completely intact nature and shiny-floored appearance made it look more like a bizarre museum of the kitsch than an abandoned building worth seeking out and photographing. Genshiro Kawamoto (Twitter) Known as the "Ginza Property King," Kawamoto, 86, was arrested for violating the Corporation Tax Law by Tokyo District Public Prosecutor's Office in 2013. Or indeed have room for. He has been criticized for evicting tenants of his rental homes on short notice so he could sell the properties, as in 2002 when he gave hundreds of California tenants 30 days to leave. Kawamoto does have some fans. With an estimated net worth of $177 billion, he is the richest person in the world. Looks like there has been some vandalism, but I think if that would have been in a Western country the place would have been absolutely trashed by now. At Kawamotos first hearing at the Tokyo District Court in June, he denied the charges against him, and, according to Nikkan Gendai (Oct. 10), he has basically disappeared.