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What is Naruatsu Baba's Net Worth?
Naruatsu Baba is a Japanese businessman who has a net worth of $1.6 billion. One of the youngest entrepreneurs to join the billionaires' pack in 2013, Naruatsu Baba accumulated his $1.6 billion after the stock price of his smartphone-game maker, Colopl, has made almost sevenfold leap since its IPO in December 2012.
It was in 2008 that he set up the Tokyo-based app maker as a developer and today he is a majority shareholder with a 59% stake in the company after selling off a 10% stake last summer. To date, Colopl has produced such games as "Catastrophic Zombies" and "Kuma's Digging Adventure." Plus, its portfolio includes 5 of the most bankable apps for Google Android smartphones like Professional Baseball PRIDE, Treasure Trove Detective and Dino Dominion.
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