Arab Press

بالشعب و للشعب
Thursday, Jul 16, 2026

This Fashion Billionaire Plans To Hand Out Cash From Space

This Fashion Billionaire Plans To Hand Out Cash From Space

Japanese billionaire Yusaku Maezawa blasted off from the Baikonur Cosmodrome in Kazakhstan Wednesday on a Soyuz spacecraft taking him to the International Space Station for a 12-day trip.

Japanese billionaire Yusaku Maezawa, who regularly gives out money on Twitter to attract followers, is planning to do the same from space.

The 46-year-old fashion magnate blasted off from the Baikonur Cosmodrome in Kazakhstan Wednesday on a Soyuz spacecraft taking him to the International Space Station for a 12-day trip. "I feel like a kid waiting for a school trip," Maezawa said at an earlier news conference.

The founder of online clothing retailer Zozo Inc is Japan's first space tourist. The trip is a prelude to a planned SpaceX trip to the moon, announced in 2018 by Maezawa and Space Exploration Technologies Corp. founder Elon Musk. As entrepreneurs open up a new era in space, Miami tech tycoon Lane Bess is also among those blasting off this week on a rocket from Jeff Bezos's Blue Origin.

Maezawa, also the first space tourist to travel to the ISS in more than a decade, has spent months tweeting about his planned sojourns beyond earth's atmosphere, using the social-media platform to recruit fellow space tourists and even find a life partner to travel with him on the lunar trip scheduled for 2023. The billionaire, who has a tendency to overshare his life in tweets, will be detailing the results of experiments requested by his fans on his YouTube channel of more than 770,000 subscribers.


The mogul, who skipped college and joined a rock band before amassing his wealth, has also been posting footage of his training sessions at a space center outside Moscow. The trip on the Russian Soyuz MS-20 is estimated to cost more than $88 million for Maezawa and his assistant Yozo Hirano, according to estimates in local media. Also aboard will be Roscosmos cosmonaut Alexander Misurkin.

"My dream is finally coming true," said Maezawa, who returns to earth Dec. 20. Winners of the billionaire's online cash handouts - which can be as much as 1 million yen ($8,800) - usually receive them via bank transfers; this time, instead of a lottery, Maezawa has promised that everyone who participates in the handout will win and receive some amount.

The space launch is part of broader effort to open up the ISS to business opportunities as NASA seeks to replace the space station with a commercial orbiter by 2030. In September, a SpaceX rocket sent four civilians into orbit, bolstering Musk's aspirations to make human spaceflight more accessible.

With a net worth of $3.4 billion, according to the Bloomberg Billionaires Index, Maezawa is one of Japan's most flamboyant entrepreneurs, making headlines dating celebrities and going on shopping splurges. He began to attract attention in 2016 when he bought a Jean-Michel Basquiat painting for $57.3 million, and another for $110.5 million the following year.

Zozo once became a top retailer in Japan by lining up brands on its website and selling body-tight suits to take measurements for custom-fitted clothes. But the torrid pace of growth didn't last. Maezawa resigned from management in 2019 after selling a stake in the company.

Newsletter

Related Articles

Arab Press
0:00
0:00
Close
Thomas Tuchel Faces Fierce Backlash After Tactical Retreat Costs England World Cup Final Berth
A Quiet Bastille Day: France Grapples with World Cup Heartbreak and Leftover Fireworks
Spain in Ecstasy: "We Feel Unbeatable, We Taught the Whole World a Lesson"
Harvard Astrophysicist to Lead U.S. Scientific Advisory on Unidentified Aerial Phenomena
Emergency Sirens Activated Across Bahrain as Interior Ministry Issues Shelter Directives
World Cup Visitors Turn American Big-Box Stores Into Souvenir Stops
Netflix Weighs Always-On Channels, Bundles and Short-Form Video
The AI Invoice Shock: Layoffs Didn't Save Managers Money — They Cost Them More
Concern: Sexually Transmitted Bacterium Among Men Develops Antibiotic Resistance
Passenger Partially Pulled Out of Ryanair Jet After Cabin Window Fails Mid-Flight
Severe Heatwave Drives Dangerous Ground-Level Ozone Pollution Across Two Thirds of European Union
The Physical and Electronic Barriers Disrupting Domestic Wireless Networks
France and Morocco Open World Cup Quarter-Finals as Collina Defends Refereeing
Tech Pulse: The Future of AI and Screen Culture
Global News Briefing: Escalating Geopolitical Tensions and Corporate Shakeups
Global News Brief: Escalating Conflicts, Public Health Crises, and World Cup Drama
Europe's Growing Struggle with Extreme Heat and Air Conditioning
Anthropic Reengineers Agentic Architecture to Shift Autonomous Workplace Automation to the Cloud
Logic Flaw in Windows 11 Permission Architecture Silently Consumes Hundreds of Gigabytes of Local Storage
Apple Advances Late-Stage Operating Systems with Fourth Beta Deployments
Global Crisis Alert: Escalating Middle East Tensions and UK Political Upheaval
Japanese Technology Firm Fujitsu Launches Advanced Artificial Intelligence Tool for Corporate Disclosures
South Africa Officially Launches Nationwide Campaign for Highly Contested Local Government Elections
United Kingdom Commits Additional Funding for Unexploded Ordnance Clearance in Laos
Singapore Announces Stringent New Greenhouse Gas Regulations for Commercial Cooling Systems
Cambodia and Thailand Hold High-Level Border Security Talks at United Nations Headquarters
Myanmar Military Government and China Sign Major Agreement to Upgrade Media and Cultural Cooperation
Knife Attack at Swiss Train Station Leaves Three Injured in Suspected Act of Domestic Terrorism
Transnational Extortion Gang Threatens Canadian Police With Army of One Thousand Armed Operatives
Australia Imposes Forty-Two-Day Quarantine on Cruise Ship Passengers Following Deadly Hantavirus Outbreak
International Monetary Fund Unlocks Seven Hundred Million United States Dollars for Sri Lanka Following Economic Reforms
Australia Launches Record One Point Four Billion Dollar Lawsuit Against Chemical Giant 3M Over Contamination
China and Canada Foreign Ministers Meet in Ottawa in Effort to Stabilize Strained Diplomatic Ties
Indonesia Demands Urgent United Nations Security Council Reform Amid Escalating Global Conflicts
Extreme Weather Patterns Trigger Severe Drought in Madagascar and Destructive Flooding in East Africa
Indian State of Karnataka Faces Political Upheaval as Chief Minister Siddaramaiah Abruptly Resigns
Philippines and Japan Reaffirm Defense Ties as Crucial for Indo-Pacific Regional Stability
Norway Joins French Nuclear Deterrence Initiative in Major Shift for European Security Architecture
Global Critical Mineral Alliances Expand as Western Nations Move to Counter Chinese Supply Dominance
United States Imposes Fifty Percent Tariffs on Mexican Steel and Aluminum Ahead of Trade Pact Review
European Union and China Head Toward Major Trade Conflict Over Clean Technology Exports
United States Economic Growth Severely Downgraded to One Point Six Percent as Stagflation Fears Mount
World Health Organization Warns Central African Ebola Epidemic is Outpacing Containment Efforts
United States Treasury Department Conditions Sanctions Relief on Reopening of the Strait of Hormuz
Iranian Air Defenses Intercept and Destroy United States Military Drone Over Bushehr Province
Iranian Armed Forces Launch Ballistic Missiles Toward Unspecified Targets Prompting Regional Condemnation
United Nations Secretary-General Warns Global Order Facing Highest Level of Conflict Since 1945
Israel Issues Sweeping Evacuation Orders in Southern Lebanon Amid Intensified Hezbollah Conflict
Russia Announces Systemic Military Strikes Targeting Ukrainian Defense and Energy Infrastructure
United States and Iranian Negotiators Reach Draft Agreement to Extend Ceasefire and Resume Nuclear Talks
×