Tadashi Yanai Net Worth

Tadashi Yanai Net Worth
Tadashi Yanai Net Worth (Image Source – HypeBeast)

Tadashi Yanai net worth

Current Net Worth $32.0 Billion (USD – 3,200 Crores), (Rupees – 2.41 Lakh Crores)

Tadashi Yanai short biography

Net Worth$32.0 Billion
BornFebruary 7, 1949 (Age – 72)
Identified asFounder & President of Fast Retailing
StatusJapanese Billionaire Businessman
EducationWaseda University, Bachelor of Arts/Science
NationalityJapan
ResidenceTokyo, Japan
Spousal statusMarried (Teruyo Nagaoka)
Children2
Tadashi Yanai short biography

Tadashi Yanai has a net worth of $33.3 Billion (Rupees – 2,41,088 Crores), making him one of the richest men in the world after Zhang Yiming, Li-Ka shing, and Giovanni Ferrero.

He is a Japanese billionaire businessman and the founder and president of Fast Retailing, Uniqlo’s parent company (unique clothing).

Theory, Helmut Lang, J Brand, and GU are among Fast Retailing’s other brands.

In 2012, he was included in Bloomberg Markets Magazine’s list of the 50 Most Influential People.

According to the Bloomberg Billionaires Index, he was the richest person in Japan as of April 2021, with an estimated net worth of US$42.0 billion, and the 34th wealthiest person in the world.

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Tadashi Yanai biography

Full NameTadashi Yanai
Height5.5 feet, 167 cm
Weight57 Kg
Tadashi Yanai biography

Tadashi Yanai was born in February 1949 in Ube, Yamaguchi.

Kanichi Yanai and Hisako Mori Yanai are his parents.

His uncle was an activist for the Burakumin, a minority community that has faced caste-based discrimination in employment and marriage in modern Japan.

Tadashi Yanai founded and now heads the Tokyo-listed retail apparel conglomerate Fast Retailing, which owns the Uniqlo brand.

Education

Yanai attended Ube High School and subsequently Waseda University, where he earned a Bachelor’s degree in Economics and Political Science in 1971.

Career

Yanai began his company in 1971 by selling housewares and men’s clothes in a JUSCO supermarket.

He left JUSCO after a year to work at his father’s roadside tailor business.

In 1984, Yanai launched his first Uniqlo store in Hiroshima.

In 1991, he renamed his father’s firm, Ogori Shoji, Fast Retailing.

Yanai resigned away from Softbank’s board of directors in 2019 after 18 years as an independent director at the Japanese technology company.

For the fiscal year ending August 2020, the business recorded a net profit of $853 million on revenue of $19 billion.

Private & early life

Yanai is married to Teruyo Nagaoka and resides in Tokyo, with two kids, Kazumi and Koji.

He owns two golf courses in Hawaii and lives in a $50 million, 16,586-square-foot home outside of Tokyo.

Awards

  • Yanai was named International Retailer of the Year by the National Retail Federation in 2010. He was the fourth Japanese national to win it, and the first since Masatoshi Ito, owner and honorary chairman of the Ito-Yokado retailing business, in 1998.
  • He was also named best business president in a Sanno Institute of Management poll of Japanese corporate leaders in 2008 and 2009.

Philanthropy

Yanai contributed 1 billion yen to victims of the 2011 Tohoku earthquake and tsunami in March 2011.

Net worth statistics

  • March 2012 – $10.0 B
  • March 2013 – $13.3 B
  • March 2014 – $17.9 B
  • March 2015 – $20.2 B
  • March 2016 – $14.6 B
  • March 2017 – $15.9 B
  • March 2018 – $19.5 B
  • March 2019 – $22.2 B
  • April 2020 – $19.7 B
  • April 2021 – $44.1 B

Tadashi Yanai Quote

“If you always think about your dreams or goals, work steadfastly towards them and continue to challenge yourself, you will definitely be able to realize those dreams or goals.”

Tadashi Yanai

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