Hiroshi Mikitani and James Gorman: Their Roles in Global Business

Hiroshi Mikitani and James Gorman are influential business leaders who have helped shape technology, banking, and global finance. Mikitani is the founder of Rakuten Group, a major Japanese technology company, while Gorman is the former CEO of Morgan Stanley and chairman of The Walt Disney Company.
Although their careers followed different paths, both have demonstrated the value of strategic thinking, innovation, and effective leadership. Their achievements highlight how businesses can grow, adapt, and remain competitive across international markets.
Quick Bio
| Detail | Hiroshi Mikitani | James Gorman |
|---|---|---|
| Full Name | Hiroshi Mikitani | James P. Gorman |
| Nationality | Japanese | Australian-American |
| Birthplace | Kobe, Japan | Australia |
| Age (2026) | 61 years | 68 years |
| Profession | Entrepreneur, Business Executive | Business Executive |
| Education | Harvard Business School | Columbia Business School |
| Career Background | Banking, Entrepreneurship | Law, Consulting, Finance |
| Known For | Founding Rakuten Group | Leading Morgan Stanley |
| Major Company | Rakuten Group | Morgan Stanley |
| Current Position | Chairman, President and CEO | Disney Chairman |
| Main Industry | E-commerce, Fintech, Technology | Banking, Finance, Governance |
| Major Achievement | Building Rakuten’s Digital Ecosystem | Expanding Morgan Stanley’s Wealth Management |
| Leadership Focus | Innovation and Global Expansion | Financial Strategy and Corporate Governance |
Who Is Hiroshi Mikitani?
Hiroshi Mikitani is a Japanese entrepreneur born on March 11, 1965, in Kobe, Japan. As of 2026, he is 61 years old. He is best known as the founder, chairman, president, and CEO of Rakuten Group, which operates businesses in e-commerce, financial technology, and telecommunications.
Mikitani studied at Hitotsubashi University before joining the Industrial Bank of Japan in 1988. He later earned an MBA from Harvard Business School in 1993. His banking experience gave him valuable knowledge of financial markets and business operations before he entered entrepreneurship.

Hiroshi Mikitani’s Business Career
Mikitani founded Rakuten in February 1997, launching its online marketplace, Rakuten Ichiba, that May. The platform initially connected Japanese merchants with online shoppers, offering smaller businesses an opportunity to reach customers through the growing internet economy.
Over time, Rakuten expanded beyond online shopping into banking, digital payments, investment services, and mobile communications. Its major businesses now include Rakuten Bank, Rakuten Securities, Rakuten Card, and Rakuten Mobile, creating a connected ecosystem of financial and digital services.
Mikitani also encouraged international expansion and organizational change. In 2012, Rakuten adopted English as its official corporate language to improve communication across global teams. This decision reflected his ambition to build a company capable of competing beyond Japan.
Who Is James Gorman?
James P. Gorman is an Australian-born business executive recognized for his leadership in banking and corporate governance. He developed his reputation through senior positions at major financial institutions, particularly Morgan Stanley, where he served as CEO from January 2010 through December 2023.
Gorman studied arts and law at the University of Melbourne before completing an MBA at Columbia Business School in 1987. He began his career as an attorney and later worked at McKinsey & Company and Merrill Lynch, gaining experience in consulting, management, and financial services.
He joined Morgan Stanley in 2006 and became co-president in 2007. His experience eventually positioned him to lead the company during a period of major change in the global banking industry.
James Gorman’s Business Career
Gorman became Morgan Stanley’s CEO in January 2010, following the global financial crisis. During his leadership, the company expanded its wealth management operations while maintaining its investment banking and institutional securities businesses.
One of his most significant achievements was overseeing Morgan Stanley’s acquisition of E*TRADE in 2020. The deal strengthened the company’s digital brokerage services and expanded its customer base. Following the acquisition, Morgan Stanley reported a wealth management franchise overseeing approximately $3.3 trillion in assets.
Gorman stepped down as CEO in December 2023 and served as executive chairman throughout 2024. He became chairman emeritus in January 2025, completing an important chapter in his financial leadership career.
James Gorman’s Role at Disney
James Gorman became chairman of The Walt Disney Company on January 2, 2025. His responsibilities include board leadership, corporate oversight, and supporting long-term business strategy rather than managing daily operations.
His experience became particularly valuable during Disney’s leadership transition. Gorman chaired the company’s Succession Planning Committee, which helped oversee the selection of Josh D’Amaro as Disney’s next CEO in February 2026.
His appointment demonstrates how experience in finance, governance, and executive management can benefit organizations operating outside the banking industry.
Their Connection in Global Finance
Hiroshi Mikitani and James Gorman have influenced different industries, but their associated companies share a financial connection.
In March 2024, Morgan Stanley & Co. LLC participated among the financial institutions involved in Rakuten Group’s $1.8 billion senior notes offering. The transaction demonstrates how international investment banks support major technology companies seeking financing.
However, the transaction occurred after Gorman stepped down as Morgan Stanley’s CEO. It does not establish a personal business partnership between the two executives.
Their professional connection is best understood through their contributions to global finance, corporate development, and international business.
Leadership Styles Compared
Mikitani’s leadership focuses on entrepreneurship, innovation, and entering new markets. As Rakuten’s founder, he has guided the company’s expansion from online shopping into multiple technology-driven industries.
Gorman followed a different approach, concentrating on strengthening an established financial institution. His leadership emphasized strategic acquisitions, wealth management, financial discipline, and corporate governance.
Both executives recognized opportunities for business transformation. Mikitani expanded Rakuten’s digital ecosystem, while Gorman helped Morgan Stanley diversify its operations and strengthen its financial services.
Key Differences and Similarities
Although both executives have achieved international recognition, their careers reflect different leadership backgrounds and business priorities.
| Comparison | Hiroshi Mikitani | James Gorman |
|---|---|---|
| Nationality | Japanese | Australian-born |
| Known for | Founding Rakuten | Leading Morgan Stanley |
| Main industry | Technology and e-commerce | Banking and finance |
| Education | Harvard Business School | Columbia Business School |
| Career background | Banking and entrepreneurship | Law, consulting, and finance |
| Leadership approach | Innovation and expansion | Strategy and governance |
| Major achievement | Building Rakuten’s digital ecosystem | Expanding wealth management |
| Role in 2026 | Rakuten Chairman and CEO | Disney Chairman |
Both leaders have experience managing complex organizations and adapting to changing business conditions. Their careers also demonstrate the importance of long-term planning and strategic investment.
Their Global Business Influence
Mikitani has contributed to Japan’s digital economy by expanding e-commerce, fintech, and telecommunications. Rakuten reported approximately ¥2.5 trillion in consolidated revenue for 2025, reflecting the scale of its international operations.
Gorman’s influence is particularly visible in wealth management and corporate governance. His leadership helped Morgan Stanley strengthen its financial services business, while his later role at Disney brought his executive experience into the entertainment industry.
Their careers demonstrate how different leadership strategies can shape industries and influence international business development.
Conclusion
Hiroshi Mikitani and James Gorman have made important contributions to global business through different career paths. Mikitani transformed Rakuten into a diversified digital services company, while Gorman helped reshape Morgan Stanley and later became Disney’s chairman.
Their achievements highlight the importance of innovation, financial management, and long-term planning. While their leadership approaches differ, both demonstrate how thoughtful business decisions can support organizational growth and lasting industry influence.
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FAQs
Who are Hiroshi Mikitani and James Gorman?
Hiroshi Mikitani founded Rakuten Group, while James Gorman is the former CEO of Morgan Stanley and chairman of Disney.
Are Hiroshi Mikitani and James Gorman business partners?
They have no established direct partnership, although Morgan Stanley participated in a Rakuten financing transaction in 2024.
How old is Hiroshi Mikitani in 2026?
Hiroshi Mikitani is 61 years old. He was born on March 11, 1965, in Kobe, Japan.
What is James Gorman best known for?
He is best known for transforming Morgan Stanley’s wealth management business and overseeing major acquisitions, including E*TRADE.
What makes their leadership styles different?
Mikitani focuses on entrepreneurship and digital innovation, while Gorman is recognized for financial strategy, business restructuring, and corporate governance.





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