⬅ # 784 Richard Schulze|# 786 James Irsay ➡

# 785 Takao Yasuda 

$4.15B

Real Time Net Worth
as of 6/28/2024
-$50.4M (-1.21%)

# 785 Takao Yasuda 

$4.15B

Real Time Net Worth
as of 6/28/2024
-$50.4M (-1.21%)
OccupationFounder, Don Quijote (PPIH)
Source of WealthRetail
Age75
ResidenceSingapore, Singapore
Marital StatusMarried
Children1
EducationBS, Keio University
Age-Adjusted Net Worth$1.50B
Takao Yasuda
Takao Yasuda
Japan
Net worth: $4.15B

Self-Made Score 

Wealth History

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Biography

Overview

Takao Yasuda is a Japanese billionaire and the founder of Don Quijote, now known as Pan Pacific International Holdings.
Yasuda graduated from Keio University in 1973 and embarked on entrepreneurial ventures, including successfully running a discount store in Tokyo before transitioning to wholesale operations.
In 1989, Yasuda opened the first Don Quijote store in Tokyo, overseeing its nationwide expansion and propelling Pan Pacific International Holdings to rapid growth and success.
Yasuda stepped down as Chairman and CEO in 2015 but returned as Founding Chairman and Supreme Advisor in 2019.
Apart from business, Yasuda is involved in philanthropy through the Yasuda Scholarship Foundation, promoting international human resources development and goodwill initiatives.

Early Life and Education

Born in 1949 in Gifu Prefecture, Japan.
Graduated from the Faculty of Law, Keio University in 1973.

Entrepreneurial Ventures

Opened and ran a 60 m2 discount store in Tokyo's Suginami Ward in 1978, later transitioning to wholesale operations.
Founded the first Don Quijote store in Tokyo's Fuchu City in 1989, marking the start of a nationwide expansion.

Business Success and Expansion

Oversaw the growth of Don Quijote, now Pan Pacific International Holdings, which boasts over 700 stores selling diverse products.
Achieved 32 consecutive years of increased sales and profits since the opening of the first Don Quijote store.
Expanded internationally, with stores in Singapore, Hong Kong, Thailand, Taiwan, Malaysia, Macau, and Guam.
Opened the first Don Don Donki store in Singapore in 2017, followed by rapid expansion in Southeast Asia.
Established a presence in Hong Kong, Thailand, Taiwan, Malaysia, Macau, and Guam with multiple stores in each region.

Philanthropy

Founded the Yasuda Scholarship Foundation in 2005, supporting initiatives for international human resources development and goodwill projects.
Actively engaged as Chairman of the foundation, contributing to the advancement of international friendship and education.

How long would it take you to become as rich as Takao Yasuda?

If you started with $10,000 and invested an additional $500 each month at a 44.13% CAGR, it would take you 5 years to reach Takao Yasuda's net worth of $4.15B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 48.35% compared to 16.28% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Takao Yasuda is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Takao Yasuda, Retail is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey