Japan’s richest person loses ₹9,500 crore in one day
Fast Retailing Chairman Tadashi Yanai, who is ranked as Japan's richest person, lost as much as $1.4 billion (over ₹9,500 crore) after subsidiary Uniqlo Japan reported a drop in sales. The retailer's shares plunged 6.7%, leaving him with the biggest wealth decline among world’s 500 richest people, according to Bloomberg. Yanai’s net worth stood at $17.7 billion after the decline.