Sumida Tada Net Worth
Sumida Tada Net Worth: Katsumi Tada is a Japanese real estate mogul with a net worth of $1.7 billion. Katsumi Tada was born in 1946 and built his fortune as the founder of Daito Trust Construction, a Japan-based construction and real estate company. The company operates four business segments: Construction segment is engaged in the planning, design and construction of contracted projects; Real estate segment is engaged in real estate brokerage, management and leasing; Financial segment is involved in construction loan business and fire reinsurance business; Other segment is engaged in fuel Sales, operation of day service centers and hotels, printing and delivery of documents, investments in hotel companies, and cultivation of agricultural products.
Tada cut ties with Daito Trust Construction, the Japanese real estate developer he founded, in June 2011 and resigned as chairman after selling his shares back to the company. The deal brought him $2 billion as he expanded into Australia from a 32-storey tower in Brisbane in 2012. Katsumi Tada’s daughter helps run their Park Hyatt hotel in Sydney, Australia.
