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Mahalo for supporting Honolulu Star-Advertiser. Genshiro Kawamoto in California - Spokeo Reading time: 2 minutes. Copyright 2023 StarAdvertiser.com. Woman sues Japanese billionaire known for rent-free mansions Last Of Japanese Billionaire Genshiro Kawamoto's Kahala Properties Sold Genshiro Kawamoto ( , Kawamoto Genshiro, born 1932) is a Japanese businessman known for his real estate investments in Japan, California and Hawaii. Kawamoto, once ranked among international billionaires by Forbes, has denied that he cheated on his taxes. Then he began buying up million-dollar estates on Kahala Avenue, spending close to $165 million for almost 30 homes over the last decade. "I personally think its quite hideous,"she said. Kawamoto announced a plan in 2006 he dubbed "Kahala Avenue Mission" to rent nine homes to nine Native Hawaiian families for $150 to $200 a month, though complaints over housing discrimination led him to curtail the plan and provide three Hawaiian families with free residences since 2007. Lived In Sacramento CA. The other element of the plan was to create art and garden museums. By Sophie Cocke. As . Kyodo News said Kawamoto was arrested for hiding more than $31 million in revenue over three years ending in December 2011, avoiding $9.2 million in corporate taxes. Kawamoto is the president of a real estate company called 'Marugen Building' in Ginza, Tokyo. Soon the last traces of Japanese billionaire Genshiro Kawamoto's occupation of Kahala Avenue will be obliterated. Ginza's 'property king' disappears - tokyoreporter.com Denby Fawcett: Bye Bye, Genshiro Kawamoto - Honolulu Civil Beat