Akira Mori, one of the richest men in Japan, currently serves as the president and chief executive officer of the Mori Trust Group. The Mori Group was formerly known as the Mori building, which was founded by Akira Mori’s father, Taikichiro Mori. After Taikichiro’s death in 1993, the building was split between Akira Mori and his brother Minoru Mori.

Earning him a spot in Forbes magazine’s list of Japans wealthiest men is his estimated net worth of $4.2 billion. The closely held Mori Trust Group owns and operates a number of apartment blocks and office buildings as well as several hotels strategically located at the high-rent districts of Tokyo.

Under Akira Mori’s leadership, the Mori Trust group conducts its business not only to meet the demands of its numerous customers, shareholders, business partners, and creditors. The group also works to exceed the set expectations of these people.

The Mori Trust Group is presently working on several projects including the 37-story office building that is strategically located outside the Tokyo Station. In addition to that, the group also works to build northern Japan’s tallest tower in Sendai. The tower is expected to be completed by 2010. In addition, Akira Mori was also able to buy Tokyo’s Toranomon Pastoral Hotel for $2.3 billion in September of 2008.

According to Akira Mori, the strategies of many companies involved in the real estate industry today are grounded on low interest rates. This assumption has in turn brought in the rapid expansion of the industry’s securitization business. Akira Mori adds that his trend can pose as a risk, since it exposes the sector to a few potential problems such as interest rate hikes, overheating in the real estate market, and finally revisions in the securitization business accounting standards.