Uniqlo’s Tadashi Yanai gives big to disaster relief
Retail billionaire Tadashi Yanai, one of Japan’s richest people, today pledged 1 billion yen ($12.2 million) of his own money towards disaster relief efforts in the devastated northeastern parts of the country.
In a statement to Japan’s Nikkei stock exchange website this morning, Yanai’s company Fast Retailing said that a total of 1.4 billion yen ($17 million) will go to helping areas hit by Friday’s earthquake and tsunami. Of this, 1 billion yen ($12.2 million) will come from Yanai personally. A statement on the company’s website said that this money will go to the Japanese Red Cross and other aid organizations — and that $1.2 million will come from Fast Retailing employees.
Fast Retailing’s popular subsidiary fashion chain Uniqlo will also be sending $8.6 million of clothing to those affected by the disaster, including jeans, outerwear, towels, and 300,000 pairs of their Heattech thermal underwear. The company will also be collecting donations to relief efforts at each of their 2,200 stores. Brands under the Fast Retailing umbrella include Uniqlo, Theory, Comptoir des Cotonniers, g.u., Princess tam.tam and Theoryworldwide.
Yanai, the second richest person in Japan, is worth $7.6 billion, making him #122 overall on our 2011 Billionaires List.
Source:Forbs
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Comment from roseoikawa
Time 18/08/2011 at 07:38
i salute you for that Mr. Tadashi Yanai…keep up the good work!