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Saturday, 30 July 2011

Former Nintendo President "loses" $300,000,000 daily.

Hiroshi Yamauchi, former president of Nintendo and the great grand-son of the founder, is said to have lost over $300,000,000 in one single day due to a large decline in Nintendo's share price.


Mostly, he has lost the value of the shares that he holds which is around 10% of Nintendo, rather than random cash that may be lying around. Many people couldn't understand what it's like to lose such a big amount in just one day. But in the end, he is a billionaire, so he should be able to hold up just fine. 


~Ricky Taylor

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