May 08 2008
Ex-Nintendo president named Japan’s richest man
Everyone has seen the cash producing cartoons of Miyamoto and Iwata, but apparently they aren’t even the fattest cats in the pet store. Hiroshi Yamauchi stepped down in 2005 from his position as Nintendo president, but remains a large shareholder in the company. His net worth jumped $3 billion in the last year alone with the successes of the Wii and DS, and is now valued at $7.8 billion. He’s still crazy in my book.










Yesterday, Six Flags announced that they’re renewing a contract between them and Nintendo, which allows them to have sections of their theme parks dedicated to all things Wii and DS. Now those of you who get sick from riding one too many roller coasters can use this an excuse to take a break from the rides, rather than “visiting the kids area.”
Sure, Nintendo’s been pumping out 1.8 million Wii consoles each month, but between satisfying demand in North America and satisfying demand in Europe, Nintendo would rather ship those consoles away from Americans. Why? They earn less profit from the floundering US dollar.

Now here’s something you don’t see everyday: developers defending Nintendo’s online plans and pounding on Microsoft’s. Everyone loves Xbox Live Arcade, right? Apparently not.

