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Tadashi Yanai's fortune touched a peak of $41.6 billion this week, spurred by a shopping frenzy for Uniqlo’s pandemic-friendly clothes from masks to tracksuits.
Akaida has stormed up the corporate ladder since 2001 when she joined Fast Retailing, operator of the global fast-fashion retailer Uniqlo. Now CEO of Uniqlo Japan, she has been tapped by Fast Retailing’s CEO Tadashi Yanai as a possible successor.
Tadashi Yanai has benefited handsomely from shoppers once again flocking to Uniqlo’s stores in Japan and China. The retail mogul has added $9.2 billion to his fortune since Forbes World’s Billionaires list was published in March.
Tadashi Yanai, the billionaire founder of Japan’s Uniqlo retailer empire has claimed his “job is more suitable for a woman” and would prefer his successor to be female.
SINGAPORE (April 11, 2019) – Tadashi Yanai, founder of Fast Retailing, parent of clothing chain Uniqlo, takes the top spot on Forbes Japan Rich List in 2019, regaining the rank he last held in 2016. The complete list can be found at www.forbes.com/japan and www.forbesjapan.com/feat/japanrich, as well as in the [...]
Tadashi Yanai, 70, created and runs Tokyo-listed global apparel giant Fast Retailing, parent of the Uniqlo chain. He and his family own a 44% stake in the company, giving them a net worth of $24.9 billion.
Last year’s No. 1, Masayoshi Son, falls to second place despite gains in SoftBank stock that lifted his fortune by $2.1 billion to $24 billion. Son was outpaced by Tadashi Yanai, founder of Fast Retailing, parent of clothing chain Uniqlo.
The new Uniqlo store is San Francisco is the West Coast start. Yanai aims to open 1,000 stores in the U.S. on his way to building a $50 billion retail apparel chain.