In this success post, we are going to share the story of Tadashi Yanai, Japan business tycoon, philanthropist, and investor.
Hard work and perseverance are two qualities of a successful business entrepreneur. Tadashi Yanai is one of the finest examples of the saying.
According to the Forbes rating, Tadashi Yanai is the second richest man in Japan.
He is the CEO of the Fast Retailing Co, owner of Uniqlo clothing brand loved by the Japanese. He is also, as of now, the chairperson of G.U CO LTD.
Tadashi Yanai serves as an external director and consultant in major companies like Softbank Corp and Nippon Venture Capital Co LTD.
Tadashi Yanai Early Career
He was born on the 7th of February 1949, Yanai was passionate about pursuing business from the initial years. He graduated from the Waseda University in Tokyo in the year 1971 in political science. After finishing his graduation, he started by selling men’s clothing and kitchenware at the Jusco Supermarket. After spending a year at Jusco, he quit the job, joined his father tailoring business known and named it as Ogori Shoji.
Tadashi Yanai Career
Yanai moved to start his first Uniqlo’s shop in the year 1984 in Hiroshima. His sense of intuition and the free reins made it much easier to take good advice. In just a time span of ten years, the little suburban shop opened dozens of other shops and led the IPO in the year 1994.
As of now, Fast Retailing has more than 2000 stores under its name and has become the fourth largest apparel company in the entire country. The company even includes a number of brands under its umbrella starting from including Helmut Lang, Comptoir des Contonniers, and others.
In the year 2012, he was included in the 50 most influential list of Bloomberg Markets Magazine. He has also been bestowed with the international Retailer of the year award in the year 2010 from the National Retail Federation in the US. Sanno Institute of Management chose Yanai as the best company president in the year 2009.
On the philanthropist part, Yanai donated a lump sum amount of one billion Japanese Yen in March 2011 to the victims of the Sendai earthquake. Yanai has also published a book named Throw Away Your Success in a Day in the year 2009.
Tadashi Yanai Personal Life
On the personal front, the 63-year old billionaire is married and has two children. Yanai has been recently in the news for stating that he would retire in the coming two years. Also, he is a die-hard horseracing and golf fan. He plays golf on each weekend in the Toky suburbs. Yanai holds tow golf courses in Hawaii.
Tadashi Yanai has a 16600 square foot houses in the heart of Tokyo. The house features a private driving range, guard towers, and is surrounded by two-storey walls. But he built the house on land, costing around $80 million in 2000.
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