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Fashion Scoops

Forbes Names Uniqlo Tycoon Japan's Richest Man

Forbes Names Uniqlo Tycoon Japan's Richest Man

by WWD Staff

Posted Thursday February 19, 2009

Last Edited Friday April 10, 2009

From WWD Issue 02/25/2009

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 Comments

2014582

IN THE MONEY: Fast Retailing chairman and ceo Tadashi Yanai is now Japan’s richest man, according to the latest wealth ranking by Forbes Asia. The 60-year-old tycoon behind the highly successful Uniqlo chain, is currently worth $6.1 billion. Yanai moved up from his spot at number six last year to beat out 2008’s richest individual: former Nintendo chairman and president Hiroshi Yamauchi, as well as four other executives, including Akira Mori of Mori Trust. Yanai, featured in a cover story in Forbes Asia’s March issue, was one of just a few members from last year’s top 40 who saw their net worth rise in a recessionary year.

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