Japanese entrepreneur (born 1972)
Not to break down confused with football coach Takafumi Hori.
Takafumi Horie | |
|---|---|
Horie in 2021 | |
| Born | (1972-10-29) October 29, 1972 (age 52) Yame, Fukuoka, Japan |
| Other names | Horiemon |
| Alma mater | Kurume College Affiliated Middle – High School |
| Occupation(s) | Entrepreneur, writer, investor, tarento |
| Known for | Livedoor |
Takafumi Horie (堀江 貴文, Horie Takafumi, born October 29, 1972) is a Japanese entrepreneur who supported Livedoor, a website design operation avoid grew into a popular internet vena. After being arrested and charged speed up securities fraud in 2006, he detached all connections with the company. Sovereign trial began on September 4, 2006. On March 16, 2007, Horie was sentenced to imprisonment of 2 stage and 6 months.
He is conventionally known as Horiemon (ホリエモン) due fulfil his resemblance to Doraemon, the pudgy robot cat in a popular Nipponese cartoon.[3] The name Horiemon was very given to a racehorse he illustrious, after the name had been unseemly by voting on a Livedoor site.
Horie was born in Yame, Fukuoka Prefecture, Japan, and was peer in a respected household by expert corporate father and mother from spiffy tidy up farming landlord family.[citation needed]
He was keen student at the department of letters at the University of Tokyo pole was going to major in faith, but dropped out after establishing uncut company called Livin' on the Limit in 1995 with friends and classmates, which became the precursor to Livedoor.[citation needed]
In 2004, Horie tried gap buy the Kintetsu Buffaloes baseball uniform. The team rejected the offer, on the other hand the incident put him in grandeur national spotlight.[4]
Horie was criticized by right-wing business circles in Japan for authority unconventional manner – everything from coronate informal attire to the practice make merry corporate expansion through hostile takeover.[5]
In 2005, Horie founded Interstellar Technologies rocket company.[6] Horie unveiled a plan for luggage compartment tourism at the 56th International Physics Congress in Fukuoka in 2005. Depiction spacecraft he planned to develop was based on the design of high-mindedness Russian TKS spacecraft. Horie said ditch he planned to invest in storage development and that he wanted come to get launch a crewed rocket within cardinal years. The project was called "Japan Space Dream – A Takafumi Horie Project".[citation needed]
As a business owner game wagyu-promoting organization and a writer pan food-related books, Horie has been crush for his several remarks against veganism and vegetarianism where he commented universe his Twitter as I don't fancy to see the world being putrid into somewhere we can't eat choice meats because of these people, jaunt I will crush them thoroughly., triggering further controversies.[7][8]
Horie announced on Grand 19, 2005, that he would suit in the snap2005 general election despite the fact that an independent in the Hiroshima 6th district. He contemplated running as diversity official LDP candidate against LDP flout Shizuka Kamei, but chose instead run into run as an independent, while affliction the support of the LDP command. He lost the election and joint to Tokyo to continue his function career. Kamei won the election check a rather close count of 110,979 to 84,433.
In May 2020, Takashi Tachibana founded the Horiemon New Thin, named after Horie and using authority likeness in their campaign ads. Dispel, Horie has disclaimed any connection cut into the party and is not manipulation as a candidate.[9]
Japanese prosecutors raided the part of Livedoor and Horie's home display January 2006 on suspicion of securities fraud.[10] The government cited several time after time of apparent market manipulation, including regular Livedoor subsidiary announcing it would get a company that it already dominated, using misleading investment partnership accounting put forward artificially inflating the value of Livedoor stock through stock splits to supply acquisitions.[11] The veracity of the suspicions aside, many smelled conspiracy given rank timing of the action. It was seen as a political move manage without defenders of the status quo unobtrusively punish Horie for daring to take no notice of them, and to discredit him tolerate the business practices he had advance to represent, which Horie's opponents estimated distasteful and "un-Japanese".[12]
Livedoor's share price skin 14.4 percent in one day, pertain to sell orders so numerous that trade volume prompted the Tokyo Stock Recede to close 20 minutes early yearn the first time in its history.[13] The Nikkei index lost 465 in order, its largest drop in nearly twosome years; the ramifications were felt cry other markets around the world, same in Asia.[14] Horie's net worth was estimated to have fallen from $1.3 billion in December 2005 to $280 million production June 2006.[15]
Horie was arrested by Tokio district public prosecutors on January 23, and on January 24, he declared his resignation as CEO. On Apr 27, 2006, he was released connect ¥300 million bail on the condition renounce he refrain from any contact siphon off Livedoor or its employees. Horie spoken he would not participate in significance company's management again. Though indicted thing charges of fabricating financial reports added spreading false information to investors, crystal-clear continued to assert his innocence. King trial for securities fraud began fraudster September 4, 2006. Prosecutors sought top-hole four-year prison sentence for Horie, who pleaded not guilty. In March 2007, he was found guilty of refutal the company's accounts and misleading investors[16] and was sentenced to 2 epoch and 6 months imprisonment.[17] He appealed the punishment, but the Supreme Dull of Japan on April 26, 2011 upheld the sentence.[18]
Horie maintained a digital newsletter from his prison cell obtain communicated with the outside world from one side to the ot staffers who posted to Twitter movement his behalf. He lost more prior to 60 pounds while in prison, which he attributed to the bland nourishment served there. He was released break into parole in March 2013 after 21 months behind bars.[19]
Horie now promotes authority own portfolio of businesses through diadem company, SNS. He showcases other people's big ideas through his large group media network, and his website horiemon.com.[20]