Tadashi Yanai leads Japan’s 50 wealthiest list

7 years ago by in Business

Japan’s 50 richest people have a collective wealth of about $112 billion, according to the latest Forbes’ Japan Rich List. Tadashi Yanai leads the top at $15.5 billion, a 46 percent gain from 2012.

Tadashi Yanai leads Asia’s largest apparel company, Fast Retailing, which he also founded in 1963. The company is famous for the Uniqlo brand, a casual wear designer, manufacturer and retailer that has become well-known in Japan and now continues to expand outside the country.

The second on the list is Nobutada Saji, with a net worth of $10.7 billion, according to the international press.  He is the chief executive of Suntory, a brewing and distilling company group that was ran in the family for the last three generations.

Masayoshi Son makes the list at No. 3 with $9.1 billion. He founded Softbank, which is Asia’s leading internet venture, and plans to acquire 70 percent of the U.S. holding company Sprint Nextel for $20.1 billion. He also started wind and solar power generation projects in Japan as well as a Paypal partnership to promote small and medium-sized businesses.

Next on the list are Hiroshi Mikitani with $6.4 billion (No. 4), Kunio Busujima with $5.2 billion (No. 5), Akira Mori with $5 billion (No. 6), Takemitsu Takizaki with $4.7 billion (No. 7), Han Chang-Woo with $3.4 billion (No. 8), Keiichiro Takahara & family with $3.3 billion (No. 9) and finally Masatoshi Ito with $2.8 billion (No. 10).

Unlike the billionaire rankings, Japan’s 50 richest list includes fortunes that are shared among family members.