Forbes has released a list of the 50 richest people in Japan. Softbank boss Masayoshi Son listed himself as the richest person in the country with a fortune of US $ 44.4 billion.
All 50 people on the list experienced an increase in wealth this year. The increase reached US $ 249 billion or 48%.
This is because the Japanese economy remains in a strong recovery after experiencing a contraction of almost 5% in 2020.
The reason for this positive result is due to an increase in exports as well as the holding of the upcoming Summer Olympics in Tokyo. The Nikkei 225 Stock Index also rose 54% from a year ago.
Apart from Masayoshi Son, who are the richest people in Japan? The following are the top 10, summarized from the Forbes, Friday (22/4/2021).
Bos Softbank, the company that supports a number of startups including Grab and Tokopedia, is the richest man in Japan. Masayoshi Son’s wealth was recorded at US $ 44.4 billion.
Sotbank’s positive achievements were obtained after a number of its startups went public and got a smooth run. One of them is a food delivery company from DoorDash.
SBefore the get the result, Softbank also suffered a bitter after IPO WeWork, a startup co-working space, failed in 2019 ago.
In second place is Tadashi Yanai who has US $ 42 billion. The 73-year-old man owns the Fast Retailing clothing empire, including Uniqlo.
The company posted a net profit of US $ 854 million in the fiscal year ended August 2020. With revenues of US $ 19 billion.
For the fiscal year 2021, the company expects revenue to increase by 10% and net income to increase by 83%.
Next is Takemitsu Takizaki, which has US $ 25.8 billion. He is the founder of a supplier of sensors and electronic components for factory automation systems, Keyence.
Sales outside Japan are growing and generating revenues of more than 50%. He resigned as chairman in March 2015. However, he remains on the board of directors and honorary chairman.
In fourth place is Nobutada Saji with US $ 9.7 billion. The 75-year-old man is chairman of the beverage company Suntory Holdings.
Suntory bought Jim Beam and Mark Bourboin’s supplier, US Beam in 2014. The purchase was valued at US $ 16 billion.
Shigenobu Nagamori’s net worth is US $ 9 billion and puts him in fifth place on this list.
He is the founder, chairman and CEO of motorcycle manufacturer Nidec. The company bills itself as the world’s largest manufacturer of motors for hard disk drives and optical drives.
Takahisa Takahara is recorded as having a wealth of US $ 8 billion. The 59-year-old man is the CEO of Unicharm.
His father, Keiichiro, founded Unicharm in 1961. The company makes the Moony and MamyPoko diapers, masks, and a number of other grooming items.
Ranked seventh, Hiroshi Mikitani has a wealth of US $ 7.5 billion or Rp.109 trillion. The 56-year-old is the founder and CEO of ecommerce Rakuten.
Rakuten suffered a loss of US $ 932 million (Rp.13.5 trillion) with revenues of US $ 13.2 billion (Rp.191.9 trillion) in 2020. The company also made investments in, for example, a ride-sharing company, Lyft, which also resulted in losses.
He posted revenues of US $ 5.2 billion or Rp75.6 trillion. Akio Nitori is the founder of discount home furnishings chain, Nitori holdings.
Nitori Holdings has a market in urban areas such as Tokyo. So far there are 600 shops and most of them are in Japan.
Yasumitsu Shigeta has a wealth of US $ 5.1 billion or Rp74.1 trillion. He is the chairman of Hikari Tsushin which was founded in 1988, one of which is selling mobile phones in the Hit Shop.
In addition, the company also sells insurance and office equipment. Yasumitsu’s fortune reached US $ 42 billion before the 2001 dotcom crash and wiped out most of his fortune.
In number 10 is Hideyuki Busujima with a wealth of US $ 4.4 billion. He has been the chairman and CEO of the pachinki machine maker, Sankyo since 2008.
Hideyuki is the son of Sankyo’s founder, Kunio. He also transferred his publicly traded shares in 2014 to Hideyuki.