Forbes real-time asset data updated at 0:15 on August 31 (Vietnam time) shows that the total assets of the 5 richest billionaires in Japan reached about 158.9 billion USD.
Compared to the 161.8 billion USD recorded at 2:45 PM on August 22, the group's total assets decreased by about 2.9 billion USD.
Notably, the top position in the ranking has changed. Masayoshi Son currently owns 62.1 billion USD, surpassing Tadashi Yanai and his family with 61.5 billion USD.
In the update on August 22, the two billionaires both owned 63.6 billion USD and shared the position of Japan's richest person. After more than a week, the assets of both decreased, but the decrease of Tadashi Yanai was greater.
In the group of 5, Takemitsu Takizaki and Yasumitsu Shigeta recorded increased assets, while Masayoshi Son, Tadashi Yanai and Takao Yasuda decreased.
Masayoshi Son surpasses Tadashi Yanai, becoming the richest person in Japan
According to Forbes data updated at 0:15 on August 31, SoftBank founder Masayoshi Son owns a net worth of about 62.1 billion USD, ranking 32nd in the list of the richest people in the world.
Compared to 63.6 billion USD at 2:45 PM on August 22, Mr. Son's assets decreased by about 1.5 billion USD.
Despite declining assets, Masayoshi Son still rose to the position of Japan's richest person due to the sharp decrease in assets of Tadashi Yanai and his family in the same period.
Mr. Son's assets are heavily influenced by the value of shares in SoftBank Group as well as the technology investments that this group holds.
Tadashi Yanai and his family's assets decreased by 2.1 billion USD
Tadashi Yanai and his family currently own a net worth of about 61.5 billion USD, ranking 33rd in Forbes' world billionaire ranking.
Compared to the 63.6 billion USD recorded on August 22, Mr. Yanai's assets decreased by about 2.1 billion USD.
With this decrease, the founder and Chairman of Fast Retailing lost its leading position in Japan to Masayoshi Son. The asset gap between the two is currently about 600 million USD.
Tadashi Yanai is the founder of Fast Retailing - a fashion retail group owning the Uniqlo brand. Fluctuations in share value in this business have a major impact on his and his family's assets.
Keyence founder gets an additional $700 million
Ranked third in the group is billionaire Takemitsu Takizaki, founder of Keyence, with a net worth of about 24.5 billion USD.
Forbes currently ranks Mr. Takizaki at 106th in the list of the richest people in the world.
Compared to 23.8 billion USD on August 22, his assets increased by about 700 million USD.
Keyence operates in the field of sensors, measuring equipment and factory automation solutions. The value of shares in the company is an important component in Mr. Takizaki's assets.
Yasumitsu Shigeta's assets increased, Takao Yasuda's assets decreased slightly
Fourth in the list is Yasumitsu Shigeta with assets of about 6.4 billion USD, ranking 646th in the world according to Forbes.
Compared to the 6.3 billion USD recorded at 2:45 PM on August 22, Mr. Shigeta's assets increased by about 100 million USD.
Mr. Shigeta is Chairman of Hikari Tsushin, a business operating in the field of telecommunications and distribution in Japan.
Closing the group of 5 richest billionaires in Japan is Takao Yasuda, founder of the Don Quijote retail chain. Forbes records his assets at about 4.4 billion USD, ranking 967th in the world.
Compared to 4.5 billion USD on August 22, Mr. Yasuda's assets decreased by about 100 million USD.
The asset value of billionaires is estimated by Forbes in real time, based on stock price fluctuations, exchange rates and investment value. Therefore, the data may change continuously and does not reflect the entire actual assets of each individual.
