Saudi Press

Saudi Arabia and the world
Friday, Aug 21, 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

Saudi Press
0:00
0:00
Close
Cristiano Ronaldo and Georgina Rodríguez Sign Prenup Protecting Their Separate Fortunes
Google Launches Pixel 11 With Gemini AI at the Center of Its Hardware Strategy
Turkish Parliament Passes Landmark Bill Granting Conditional Amnesty to Disarmed PKK Members
Jorge Messi, Lionel Messi’s Father and Longtime Agent, Dies at 68
AI’s Next Bottleneck Is Power, Not Just Nvidia Chips
Meta Raises AI Spending Target to as Much as $145bn Despite Pressure Over Returns
Joe Biden’s Cancer Has Spread Beyond His Bones, Hunter Biden Says
Why 2027 Could Be a Strong Year for Stocks—and Why the Forecast Is Fragile
Why Markets May Look Quiet in August After Big Tech Earnings
Trump’s Top General Seeks an Exit Strategy From Iran War, Report Says
Brock Lesnar Retires From Wrestling, Closing a Career of Rare Athletic Range and Lasting Controversy
UFO: Pentagon Releases Video of Unidentified Object Tracked Over Middle East
Ukraine Tells Senate Republicans Its Drone War Offers a Blueprint for America
Weight-Loss Drug Boom Tests the Limits of Prescription Advertising Rules
Saudi Arabia, Turkey and Pakistan Sign Mutual-Defence Pact
AI Is Remaking the US Economy, From GDP Growth to iPhone Prices
A SpaceX Rocket Is About to Crash Into the Moon — and Scientists Hope to Watch
Modern Slavery Decisions Broaden the Al Fayed Inquiry’s Frame
FIFA’s Retreat Leaves a Larger Question Over Who Guards the Game
Finland Deploys Commercial-Scale Thermal Batteries Using Crushed Rock to Store Renewable Grid Energy
Valued at $109 Million: F-35B Fighter Jet Crashes in Southern California
US Says It Has Carried Out Heavy Strikes on Iran After Attempted Attacks on Its Forces
Over 24 Hours in the Air: Qantas Airbus Completes Record-Breaking Test Flight
Arrest Warrant Issued in Lebanon for Tycoon Spotted Meeting Netanyahu in Washington
Trump says Israel ‘would not survive’ without US
Nvidia Reportedly Takes Vast Texas Data-Centre Lease to Underwrite AI Expansion
FIFA’s Private-Investment Plan for World Cup Rights Draws European Revolt
Following OpenAI's Cyberattack: 'Most Companies Still Do Not Understand What Is Coming'
OpenAI Sued After ChatGPT Allegedly Discouraged Emergency Care Before Near-Fatal Embolism
Miliband Sets Climate and International Law at Centre of UK Diplomacy
Pentagon Discloses Nearly 100 US Troop Injuries During Renewed Iran Fighting
Trump Readies New Tariffs as Temporary Global Levy Nears Expiry
High Prices Push Coffee Drinkers Toward Whole Beans and Home Brewing
Trump Draws Boos and Podium Scrutiny at Spain’s World Cup Triumph
Spain Defeats Argentina in Extra Time to Win Second World Cup
Turkey Explores S-400 Transfer to UAE in Bid to Rejoin F-35 Program
US Retaliates Against Iran After Two American Troops Killed in Jordan
Proposed U.S.-Saudi Nuclear Pact Could Permit Limited Uranium Enrichment Under International Safeguards
Why Kentucky Fried Chicken Became KFC—and Why the False Explanations Persist
Iran Claims It Destroyed Bahrain’s Main Artificial Intelligence Center in Missile and Drone Strike
Ukrainian Drones Strike Wildberries Warehouses Deep Inside Russia
Reported CIA Mission Helped Clear the UAE’s Path to Advanced US AI Chips
Artificial Intelligence Capital Fuels Markets While Governments and Regulators Face Mounting Strategic Tests
China’s Moonshot’s Kimi K3 Narrows the Gap With Anthropic Through Scale, Openness and Lower Cost
Gold and Cash Seizure Puts Indonesia’s Senior Anti-Corruption Prosecutor Under Investigation
The Ledger Will Not Trust on Faith
Passenger Bound for Germany Refused to Sit Beside a Woman on a Plane — Then Slapped a Flight Attendant
Ukraine’s Leadership Rift Spills Into the Streets as Protesters Target Army Chief
The Ten World Cup Finals That Defined Football History
Smartphones Are Getting More Expensive, Sales Are Collapsing, and Even Apple Admits: "Prices Will Rise"
×