"It was a beautiful home. Japanese billionaire Genshiro Kawamoto has decided to place several of his Kahala homes on the market. 3-Part Series on Meglomaniac Billionaire Industrialist and Real Estate Genshiro Kawamoto owned several buildings, villas and mansions in Kahala. 1. The yards of some of the vacant mansions are overgrown and their swimming pools drained. He subsequently bailed himself out for $5 million, according to news reports. Soon the last traces of Japanese billionaire Genshiro Kawamoto's occupation of Kahala Avenue will be obliterated. The Japanese billionaire, who owns at least 30 luxury properties on Oahu, mostly in Kahala, was arrested on Tuesday in Tokyo on suspicion of failing to pay more than 800 million yen, or $8.5. Refine Your Search Results. Kawamoto's arrest raises questions about Kahala homes Ginza's 'property king' handed 4-year term for tax evasion - TokyoReporter 500 Ala Moana Blvd. Kawamoto is the president of a real estate company called 'Marugen Building' in Ginza, Tokyo. Genshiro Kawamoto (born 1932) is a Japanese businessman known for his real estate investments in Japan, California and Hawaii. Genshiro Kawamoto is a Japanese businessman known for his real estate investments in Japan, California and Hawaii. Now that the . Auction Planned for Billionaire Genshiro Kawamoto's Furniture Known as the " Ginza Property King," Kawamoto was arrested last year by Tokyo District Public Prosecutor's Office on charges of tax evasion. TOKYO. Genshiro Kawamoto ( , Kawamoto Genshiro, born 1932) is a Japanese businessman known for his real estate investments in Japan, California and Hawaii. He has several night clubs in Tokyo that are apparently connected to the Yakuza. Sales are expected to continue for three to five years. "It sounds like he had some sort of slush fund and he was using the money to buy these god-awful statues,"Turbin said. [1] He is also notable for controversial real estate investments in the late 1980s, when he bought more than 170 properties, including many Oahu homes. By Adrienne LaFrance 05/22/2012 Hawaii has known of Genshiro Kawamoto for nearly a quarter century now, but still little is known about the famously reclusive real estate mogul. Genshiro Kawamoto in California - Spokeo All Filters. Stanton Johnston pointed to . Last month, Civil Beat asked Chris Benjamin, president of Alexander & Baldwin, about word that the company was buying the properties but he denied anything was in the works. The following article is provided by Civil Beat. Hawaii Kai resident Rodney Foth, however, supports Kawamoto and said its understandable that it would take a part-time visitor from Japan a long time to assemble a collection of adjacent lots and convert them into gardens and museums. Kawamoto released from Tokyo jail on $5 million bail The bedroom is perhaps the most opulent space in the mansion. Telephone: 808-529-4747. [2] Words he clearly lived by, as in 2013 he was arrested on suspicion of evading over 800 million yen in payments a charge that in 2018 eventually resulted in the then 86-year-old receiving a 4-year prison sentence along with a 240 million yen fine. You're reading a premium story. He also filled in swimming pools, he said for liability reasons, and often let vegetation grow wild. It happened in march at this empty Kahala home, which Japanese investor Genshiro Kawamoto owns. If you're looking to enter Oahu's most publicized luxury market, now may be your chance. Resides in Citrus Heights, CA. 323 people named Genshiro Kawamoto found in Citrus Heights, Sacramento and 6 other cities. Where is Genshiro Kawamoto now? - Pvillage.org Now, Kahala residents who have been perplexed and in some cases angered by Kawamotos property makeovers on the street dotted with million-dollar beachfront mansions are wondering how the tax evasion case might affect their enigmatic neighbors plans to transform some of his real estate into art and garden museums. The Yomiuri Shimbun newspaper, quoting the prosecutors office and other sources, said Kawamoto is believed to have played a leading role in Marugens tax evasion by not reporting rent from some tenants of the groups core company, Tokyo Shoji, and falsely listing losses under the guise of building sales. Stanton Johnston, a Kahala resident who sold his late mothers house to Kawamoto three years ago to satisfy taxes and charitable giving, said Kawamoto lied to him about keeping the gracious home and numerous trees on the property that now features lion and nymphlike female nude statues. He is also notable for controversial real estate investments in the late 1980s, when he bought more than 170 properties, including many Oahu homes. Mulboyne on Twitter But his creations have been slow to emerge and largely remain unsightly. Alexander & Baldwin announced Tuesday that it has purchased 31 properties from Japanese billionaire Genshiro Kawamoto for $98 million. Last Of Japanese Billionaire Genshiro Kawamoto's Kahala Properties Sold Yet that is what Japanese media are suggesting might be the case after Kawamoto, 81, was arrested Tuesday in Tokyo for suspected tax evasion.