He started his journey with a 60 m2 store and became a millionaire with Don Quixote: who is Takao Yasuda

He started his journey with a 60 m2 store and became a millionaire with Don Quixote: who is Takao Yasuda

He was born on May 7, 1949. He is an entrepreneur turned businessman who grew up to become a great millionaire in Japan.

Takao Yasuda is the founder of Don Quijote, a Japanese chain of discount general merchandise stores. He started out as an entrepreneur and became a great businessman. He graduated from Keio University School of Law. Born in the city of Gaki, in the southwestern area of ​​Gifu Prefecture, Japan. After graduating from Keio University in 1973, he found work at a real estate company.

Unfortunately for Yasuda, he was left unemployed when the company went bankrupt due to insolvency. Yasuda recovered in 1978 and opened a small discount general merchandise store in the Suginami district of Tokyo, calling it Dorobou Ichiba, “Thieves Market” in English, and the store operated 24 hours a day. Within a few hours, Yasuda soon achieved moderate success in his business activities.

Pan Pacific International Holdings

How Takao Yasuda made his fortune

In 1980 Yasuda founded Just CO, a company that engaged in the retail sale of household appliances, household items, food, watches and fashion-related merchandise. Since its beginnings it had a not so explosive but constant rise, in 1995 it was renamed Don Quijote Co and finally in 2013 Don Quijote Holdings.

Finally in 2019 it was renamed Pan Pacific International. His great commercial success began in 1989 when he opened what is now known as the Number 1 Don Quijote store in Tokyo. Over time, it expanded into Retail Businesses, Tenant Leasing and Other Businesses.

How much is Takao Yasuda’s fortune?

Currently, according to the official Forbes site, Takao Yasuda’s fortune amounts to 4.6 billion dollars, placing him in position number 9 of the richest businessmen in Japan. In the international ranking of billionaires he is ranked number 775,

Source: Ambito

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