Forbes real-time asset data updated at 2:45 PM on August 22 (Vietnam time) shows that the total assets of the 5 richest billionaires in Japan reached 161.8 billion USD, an increase of 5.3 billion USD compared to 156.5 billion USD recorded at 0:00 AM on July 30.
Notably, the ranking has a major change in the leading group as Masayoshi Son's assets increased sharply, reaching the level of Tadashi Yanai and his family. The two billionaires currently own assets of 63.6 billion USD, both ranked as the richest people in Japan.
Compared to the end of July, the total assets of Japan's top 5 richest billionaires increased thanks to the breakthrough of Masayoshi Son and Takemitsu Takizaki, while Tadashi Yanai and Takao Yasuda recorded a decrease.
Tadashi Yanai holds the leading position with Masayoshi Son
According to Forbes' latest update, Tadashi Yanai and his family currently own assets of 63.6 billion USD, ranking at the top of the ranking of the richest people in Japan.
Mr. Yanai is the founder and Chairman of Fast Retailing - a fashion retail group owned by the Uniqlo brand.
Compared to the 66.6 billion USD recorded at 0:00 on July 30, Mr. Yanai's assets decreased by 3 billion USD.
Although still ranked as the richest person in Japan, Mr. Yanai's advantage is no longer there as Masayoshi Son has risen to equal assets. The two businessmen currently own assets of 63.6 billion USD according to Forbes real-time data.
Mr. Yanai's asset fluctuations mainly come from the value of shares in Fast Retailing, a company listed on the Japanese stock market.
Masayoshi Son increases by 7.5 billion USD, also ranked No. 1
SoftBank founder Masayoshi Son currently owns a fortune of $63.6 billion, sharing the top spot in the rankings with Tadashi Yanai and his family.
Compared to the level of 56.1 billion USD recorded at 0:00 on July 30, Mr. Son's assets increased by 7.5 billion USD.
This is the largest increase in the group of 5 richest billionaires in Japan in nearly a month, helping Mr. Son quickly rise to equal the previous leader.
Masayoshi Son's assets are heavily influenced by SoftBank Group's stock movements and the value of technology investments that this group holds.
Keyence founder increases by more than 1 billion USD
Behind the leading group is billionaire Takemitsu Takizaki, founder of Keyence, with a fortune of 23.8 billion USD.
Compared to 22.5 billion USD on July 30, Mr. Takizaki's assets increased by 1.3 billion USD.
Keyence is a well-known enterprise in the field of sensors, measuring equipment and factory automation solutions. The value of shares in this company is an important factor in Mr. Takizaki's assets.
The remaining two billionaires are in opposite directions
Ranked fourth on the list is billionaire Yasumitsu Shigeta, Chairman of Hikari Tsushin, with a fortune of 6.3 billion USD.
Compared to the 6.2 billion USD recorded on July 30, Mr. Shigeta's assets increased by about 100 million USD.
Closing the list of the 5 richest billionaires in Japan is Takao Yasuda, founder of the Don Quijote retail chain, with assets of 4.5 billion USD.
Compared to 5.1 billion USD at the end of July, Mr. Yasuda's assets decreased by about 600 million USD.
In general, the total assets of the 5 richest billionaires in Japan currently reach 161.8 billion USD, an increase of 5.3 billion USD compared to the 156.5 billion USD recorded at 0:00 on July 30.
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.
