Bloomberg Billionaires Index

View profiles for each of the world’s 500 richest people, see the biggest movers, and compare fortunes or track returns.

#62 Tadashi Yanai $15.8B

Random fact: Starts work at 7 a.m. and likes to be home by 4 p.m.


Japan's richest person is the chairman and biggest shareholder of Fast Retailing, the largest clothing retailer in Asia and parent of the Uniqlo. The Tokyo-based group has more than 1,000 stores around the world and reported revenue of $15.8 billion in the year to Aug. 31, 2016. Yanai also owns two golf courses on the Hawaiian island of Maui.

As of July 22, 2017:
Last change -$3.48M (-0.0%)
YTD change -$2.76B (-14.9%)
Industry Retail
Biggest asset 9983 JP Equity
Citizenship Japan
Age 68
Wealth Self-made
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Tadashi Yanai's net worth of $15.8B can buy ...

troy ounces of gold
barrels of crude oil

... and is equivalent to ...

of the GDP of the United States
of the total wealth of the 500 richest people in the world
of the top 100 U.S. college endowments
of the top 200 U.S. executives’ total awarded compensation
of U.S. existing home sales
times the median U.S. household income

Latest News

Net Worth Summary

Private asset
Public asset
Misc. liabilities
Confidence rating:

The majority of Yanai's fortune is derived from a 46 percent stake in Fast Retailing, Asia’s largest apparel maker. He owns the stake directly and through holding companies, according to Fast Retailing's 2016 annual report. He's also credited with shares owned by his wife and two sons to reflect his status as founder and chairman of the company.

The value of his cash investments is based on an analysis of dividends, insider transactions, taxes, market performance and charitable giving.

The billionaire and his wife live in a 16,586-square-foot home on more than two acres of woodlands outside Tokyo. The property -- which is surrounded by two-story walls and includes a guardhouse, driving range and a separate wooden teahouse with a thatched roof -- is valued at about 6 billion yen ($50 million), according to Kenta Morishima, a real estate broker for Ken Corp. in Tokyo. Yanai bought the land in 2000 for the yen equivalent of $78 million in an auction, according to land registry records.

Yanai purchased the Kapalua Plantation Golf Course in Hawaii from Maui Land & Pineapple for $50 million in 2009. He later acquired Kapalua's other golf course, Kapalua Bay, for $24.1 million. He spends three weeks every summer there, according to a person who has golfed with him who asked not to be identified because the games were private.

The billionaire's shareholdings were verified through company reports and filings to Japan's Ministry of Finance. Fast Retailing spokesman Aldo Liguori declined to comment on his net worth calculation.


Birthdate: 2/7/1949
Family: Married, 2 children
Education: 3/1971, Waseda University, Political Science, Bachelor's Degree 3/1971, Waseda University, Economics, Bachelor's Degree

Tadashi Yanai was born in 1949, the son of a tailor and a housewife in southern Japan during the U.S. postwar occupation. A month after he was born, his father started a roadside men's clothing store, Men's Shop Ogori Shoji, in the mining town of Ube, about 75 miles from Hiroshima. The store was located on the first floor. The family lived on the floor above. The business grew into several outlets in the 1960s and 1970s.

Yanai graduated with a degree in economics and politics from Waseda University in 1971, and began his career selling kitchenware and men's clothing at a Jusco supermarket. After a year, he quit and joined his father's business.

In 1984, Yanai started Unique Clothing Warehouse in Hiroshima, later shortening the name to Uniqlo. He changed the name of his father's company Ogori Shoji to Fast Retailing by 1991, reflecting the apparel chain's expansion strategy. It soon became the fastest-growing retailer in Japan, expanding to encompass more than 100 stores over the next three years. That number doubled by 1996, as Yanai used capital from the stock market to build his empire and forge deals with Chinese apparel producers. He started designing, manufacturing and selling only Uniqlo-brand apparel. Uniqlo's fleece jackets, selling for $15, became a hit product. An estimated one in four Japanese had bought a fleece item from Uniqlo by 1998. Uniqlo sold 26 million fleece units through more than 400 stores in 2000, all in Japan.

Yanai began expanding overseas in 2001 and ended up closing 16 of 21 stores in the U.K. He started a food distribution business that also failed. The failures didn’t stop the billionaire from opening stores worldwide. As of July 2015, there were more than 1,600 Uniqlo stores around the world, of which 630 are outside Japan. The company plans to open 100 stores every year in China, it's largest overseas market, according to its 2014 annual report. Besides Uniqlo and discount brand G.U., Fast Retailing has expanded by acquiring other fashion businesses, including New York's Theory, France's Comptoir des Cotonniers, and Onezone, Cabin Corp. and Princesse tam.tam.

  • 1949 Born in Yamaguchi Prefecture, Japan.
  • 1971 Graduates from Waseda University with bachelor's degree.
  • 1984 Opens the first Unqilo store in Hiroshima.
  • 1994 Lists Fast Retailing on Hiroshima Stock Exchange.
  • 2001 Becomes an external director of SoftBank.
  • 2006 Uniqlo opens fist global flagship store in New York's SoHo district.
  • 2012 Opens largest Uniqlo store in Ginza, Tokyo.
  • 2014 Hong Kong depository receipts start trading.