CNN interviews Tadashi Yanai

January 30, 2008 8:32 pm

Billionaire founder of Japanese clothing giant UNIQLO, Tadashi Yanai is credited for introducing cheap chic to the designer-conscious Japanese youth. Starting off with a single store in Hiroshima in 1984, UNIQLO is now a worldwide operation with 750 stores. As the brand continues to go global, Yanai joins Talk Asia’s Anjali Rao to discuss his clothing empire, the secret to providing high-quality basics with an affordable price tag, and his quintessentially Japanese work ethos.

AR: You’re a really, really busy guy, aren’t you? When on earth do you get time to play with the billions that you’ve made?

TY: I probably cannot spend it all, so I guess the Japanese finance minister will take it away as tax.

AR: That doesn’t sound like much… Spend your money, I have to say. But because of the success that you’ve had in business, you are now ranked as one of the wealthiest people in the world. As such, have you got any words of wisdom for people who are watching this and saying, I want to do what he does?

TY: The money is just a result, so most successful people do not work just to make money, they want to do business in a certain way, and then money follows after it. Money is something that goes away if you just chase after it.

read the rest published by CNN here:

http://edition.cnn.com/2008/WORLD/asiapcf/01/30/talkasia.yanai/index.html?section=cnn_latest

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