
TOKYO -- Tadashi Yanai, founder of Uniqlo parent Fast Retailing, dethroned SoftBank Group Chairman and CEO Masayoshi Son as Japan's richest person, U.S. magazine Forbes said on Thursday.
Yanai's net worth rose $5.6 billion to $24.9 billion, propelling him to the top for the first time since 2016. The gains were mainly thanks to the rise in the value of Fast Retailing, the world's third-largest clothing retailer, in which Yanai and his family own a 44% stake.