The 5 wealthiest Japanese billionaires and their family offices

Despite its recent economic woes, Japan is still the world’s fourth largest economy. There are currently almost 50 living billionaires in the country. Due to the uncertain economic situation, the richest people in Japan are focusing more on family offices. Their aim is to protect their family wealth from inflation or to secure higher income and investment returns. We meet the richest Japanese billionaires and find out whether they are involved in a family office.

#1 Tadashi Yanai Family Office, Net Worth $49.7BN

Tadashi Yanai is a Japanese billionaire businessman and founder and president of the retail holding company Fast Retailing, Japan’s most successful retail firm and the parent company of Uniqlo. The company has over 100 stores all over the world. Today the company has a turnover of $20 billion and employs 35,000 people. Tadashi Yanai is looking for investments to support his retail and apparel businesses.

#2 Masayoshi Son Family Office, Net Worth $31.5BN 

Masayoshi Son is a Japanese billionaire technology entrepreneur, investor, and philanthropist. He is the founder and CEO of the Japanese holding company SoftBank and chairman of UK-based Arm Holdings. Softbank is a multinational conglomerate holding company headquartered in Minato, Tokyo and owns stakes in many technology, energy, and financial companies. Furthermore, Softbank runs Vision Fund, the world’s largest technology-focused venture capital fund, with over $100 billion in capital. Softbank also serves as his personal family investment office through which all of his various types of investments.

#3 Takemitsu Takizaki Family Office, Net Worth $20.7BN

Takemitsu is the founder of Keyence, a sensor and electronic component manufacturer for factory automation systems. He was chairman of the company until March 2015 and remains on the board. The company’s main customers are car manufacturers, food packagers and electronics companies. Today, Keyence generates around 60% of its turnover with companies abroad. Currently, Keyence has established 16 offices with over 3000 employees worldwide.

#4 Nobutada Saji Family Office, Net Worth $9.3BN

Nobutada Saji is best known in Japan for his role as CEO of Suntory Holdings Limited, the country’s third-largest brewing and distilling company. The company was founded in 1899 by Shinjirō Torii. Acquisitions of competing companies characterize Suntory’s history. By now the Suntory owns 270 group companies and employs more than 41.000 people all over the world. Thanks to the market position it gained, the company generated revenues of $20.9 billion.

#5 The Sekiya family Family Office, Net Worth $7.4BN

The Sekiya family is famous for their involvement in Disco a manufacturer of precision processing equipment and tooling. The company was founded in 1937 by Mitsuo Sekiya in Hiroshima. Today the company is led by Kazuma Sekiya, the grandson of founder Mitsuo Sekiya. Now Disco makes equipment to grind, slice and polish chips, which are highly demanded.

Picture Source: Su San Lee , Unsplash