Hiroyuki revealed that after shifting his assets into the eurozone and US dollar zone starting in 2015, his yen-denominated wealth grew 70% “just from sleeping.” The surge was compounded by sharp share-price gains at Louis Vuitton and Hermès, companies he’d invested in. On 5ch, the news sparked a mix of envy and criticism tied to his long-unpaid damages case.
Addressing the accelerating yen depreciation, Hiroyuki said: “I moved my assets into the eurozone and the US dollar zone back in 2015, so my yen-denominated assets have grown 70% just from sleeping.”
He also reported: “Louis Vuitton, one of the companies I invested in, has tripled its share price. Christian Dior is up 2.5x. Hermès is up 10x…”
Last December, appearing on Nippon Broadcasting’s “Izumi Fusaho’s Passion Radio,” Hiroyuki said: “I moved abroad about 10 years ago, and back then it was around 120 yen to the euro. Now it’s 180 yen. Since I moved most of my assets to Europe around that time, they’ve grown 50% over 10 years without me doing anything.”
Source: news.yahoo.co.jp / Original article here
LOL LOL ("wara" is Japanese netspeak for laughter, like "lol")
He literally turned "contacting creditors and paying off the damages" into a travel-vlog content series, didn't he?
How old is that joke, grandpa?
Wasn't Hiroyuki's whole damages case just about him not disclosing the poster's IP (more precisely, not disclosing it to the standard of proof he personally demanded)?
Isn't it actually the original poster who's supposed to pay, not him?
https://www.ben54.jp/news/3035
You can just sell off what you need bit by bit
I messed up buying my gold bullion as a single 500g ingot
It unexpectedly shot up 300% in value
Selling bullion off in pieces is a real pain, you know
Just got lucky
Well, you need real ability as a base
otherwise
you'll never build up the capital to invest in the first place
If it's still positive after subtracting living expenses, then sure, your assets grow while you sleep — but what's the reality?
A cheap yen sucks, but watching your valuation drop is rough too.
He's only talking percentages, so there's no way to know how much he actually invested or how much he made
he'll probably just vanish before long lol
he'd better be handing over 45% of it in tax
It's already gotten a corrective recommendation, so it'll probably get scrapped eventually
his assets could start shrinking while he sleeps
Something like 105 yen [to the dollar] from the early COVID days just isn't happening again
※This article is excerpted and summarized from the 5ch (Business News+) thread “[Entrepreneur] Hiroyuki: My Assets Are Growing “While I Just Sleep”.”
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