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The Independent UK
The Independent UK
World
Stuti Mishra

Masatoshi Ito, Japanese billionaire behind the rise of 7-Eleven, dies at 98

7Eleven Japan ItoYokado United States Asia Seven I Holdings
STR/AFP/Getty

Masatoshi Ito, the Japanese billionaire who turned 7-Eleven into a global giant, has passed away at the age of 98.

Seven & I Holdings, the parent company of the global convenience store chain 7-Eleven, confirmed Ito’s death on Monday, stating that he died of old age on 10 March.

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