Tadashi Yanai Ranks No. 1, Masayoshi Son No. 2
around, so far with limited success. Its most profitable investment of late is its 32% stake in Chinese e-commerce giant Alibaba.At No. 3 is 70-year old Nobutada Saji and his family with a net worth of $11.7 billion, up $800 million from last year. Saji is the Chairman of drinks powerhouse Suntory Holdings, which bought U.S. Beam, purveyor of Jim Beam and Maker’s Mark bourbon, for $16 billion in 2014. He stepped down as President in 2014, turning the reins over to a non family member for the first time since the business was founded. Saji’s nephew, Nobuhiro Torii, the great-grandson of Suntory’s Founder and a fourth generation family member, was promoted to Chief Operating Officer and Executive Vice President of the company. Takemitsu Takizaki, Founder of Keyence, a global supplier of sensors and other electronic components for factory automation systems, moved up one spot to No. 4 this year with a net worth of $8.3 billion, $500 million lower than the previous year. Takizaki stepped down as Chairman in March 2015 but remains Honorary Chairman and has a seat on the board. The company, which is listed on the Tokyo Stock Exchange, is known to attract top
talent with performance-based pay.Cosmetics and beauty supplies companies perform well on this year’s list with both the year’s richest new entrant and its biggest percentage gainer. The Kobayashi brothers (No. 19, $2.1 billion) who run listed Japanese cosmetics manufacturer and retailer Kose Corp., catapulted into the ranks for the first time, thanks to a more than 50% increase in Kose stock in the past year. Another cosmetics maven, Satoshi Suzuki (No. 33, $1.1 billion), is this
year’s biggest percentage gainer. The CEO of beauty care products company Pola Orbis saw his fortune surge 69% in the past year as investors and customers responded well to the
company’s focus on natural and organic products.There are five newcomers on this year’s list. In addition to the Kobayashi brothers, they include retailers such as Masateru Uno (No. 24, $1.55 billion), whose Cosmos Pharmaceutical runs drugstores in Japan; and Yasuaki Yamanishi (No. 39, $940 million) of clothing and food seller Izumi. Also new to the list are Akimitsu Sano (No. 42, $880 million), Founder of online recipe site Cookpad; and home builder Kazumi Iida and her son Kazuki
Iida (No. 46, $820 million). The minimum amount required to make the list was $750 million, up from $600 million last year.
The top 10 richest in Japan are:1) Tadashi Yanai; US$16.3 billion
2) Masayoshi Son; $14.9 billion
3) Nobutada Saji; $11.7 billion
4) Takemitsu Takizaki; $8.3 billion
5) Hiroshi Mikitani; $5.7 billion
6) Akira Mori; $4.8 billion
7) Keiichiro Takahara; $4.2 billion
8) Kunio & Hideyuki Busujima; $4.1 billion
9) Han Chang-Woo; $4.0 billion
10) Masatoshi Ito; $3.9 billionThe list was compiled using information obtained from list members, public company data, stock exchanges, analysts, databases and government agencies. Unlike the billionaireranks, wealth of extended families is included. Net worths were based on stock prices and exchange rates as of Mar. 25, 2016.For more information, visit
Samsung's Lee Boo-Jin Is the Only S. Korean ...
Companies from China Dominate Forbes Asia's ...
S. Korea's Lee Kun-Hee Drops to No. 2 Spot on ...
Forbes Asia's Fabulous 50 List Features A ...
Singapore's Tycoons on Forbes Rich List See ...
Forbes Announces World's Biggest Public ...
Forbes Launches 2017 Global Game Changers List
Forbes Asia Names Cheng Wei as Businessman of ...
Samsung's Lee Kun-Hee Is the Richest Person in ...
Suh Kyung-Bae Named as "Businessman of the ...
Record 35 Billionaires on This Year’s ...
Putin Tops Forbes' 2014 Ranking of World's ...
Forbes Asia Names CP Group's Dhanin ...
China, India Tie for Top Place on Forbes ...
More New Faces on Forbes Asia's "Best Under a ...
Lee Kun-Hee Reclaims Richest Korean Title
The Seoul Times
Shinheungro 25-gil 2-6
Yongsan-gu, Seoul, Korea
Office: 82-10-6606-6188 Email:firstname.lastname@example.org
Copyrights 2000 The Seoul Times Company ST Banner Exchange