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Tuesday, 23 April 2013

Japan’s Gree Founder Loses $2.6B on Mobile Gaming Miss

In five years, Yoshikazu Tanaka became Japan’s youngest billionaire as investors piled into Gree Inc., valuing his controlling stake in the early maker of phone- based games at $4 billion. Just 18 months later, that has shriveled to about $1.4 billion.
Read more: Bloomberg news

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