Tadashi Yanai | |
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Born |
Ube, Yamaguchi, Japan |
7 February 1949
Residence | Shibuya, Tokyo, Japan |
Nationality | Japanese |
Alma mater | Waseda University |
Net worth | US$19.3 billion (January 2016) |
Children | Kazumi Yanai Koji Yanai |
Parent(s) | Kanichi Yanai Hisako Mori Yanai |
Tadashi Yanai (柳井 正 Yanai Tadashi?, born 7 February 1949) is a Japanese businessman, the founder and president of Fast Retailing, of which Uniqlo (ユニクロ, "unique clothing") is a subsidiary. In January 2014 he was ranked 35th richest person in the world by Bloomberg, making him the richest man in Japan with an estimated net worth of US$19.9 billion in 2009 and US$17.6 billion in 2014.
Yanai was born in Ube, Yamaguchi in February 1949. He attended Ube High School and later Waseda University, graduating in 1971 with a Bachelor's degree in Economics and Political Science. His uncle was an activist for elimination of the settlement of discriminated lower class people, called Burakumin (minority group of Japanese society).
In 1971, Yanai started in business by selling kitchenware and men’s clothing at a JUSCO supermarket. After a year at JUSCO, he quit and joined his father’s roadside tailor shop. Yanai opened his first Uniqlo store in Hiroshima in 1984, and changed the name of his father’s company Ogori Shoji to Fast Retailing in 1991. He has stated: "I might look successful but I've made many mistakes. People take their failures too seriously. You have to be positive and believe you will find success next time."
In March 2011, Yanai donated 1 billion yen to victims of the 2011 Tōhoku earthquake and tsunami.