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November 7, 1927

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Headlines from November 7, 1927

Notable Births

Herbert Flam

1927Herbert Flam, American tennis player (died 1980)[โ€ ]

Herbert Flam was an American tennis player who was ranked by Lance Tingay as the World No. 4 amateur in 1957.

Hiroshi Yamauchi

1927Hiroshi Yamauchi, Japanese businessman (died 2013)[โ€ ]

Hiroshi Yamauchi was the third president of Nintendo, serving in the role from 25 April 1949 to 24 May 2002, and principal owner of the Seattle Mariners from 1992 until his death. Before joining Nintendo, he had strong familial connections; his great-grandfather, Fusajiro Yamauchi, founded the company, and was its first president, and his grandfather, Sekiryo Kaneda, was its second president. During his tenure, Nintendo was transformed from a Japanese manufacturer of hanafuda into a global conglomerate largely focused on manufacturing video game consoles and publishing video games. On the basis of this success, and his ownership of most of Nintendo's shares, he became considerably wealthy. In 2008, he was Japan's wealthiest person, with an estimated net worth of $7.8 billion. Even in 2013, with this figure having declined to $2.1 billion, he was the 13th richest person in Japan and the 491st richest in the world.