Billionaire Founder of Uniqlo Tadashi Yanai Says CEO Job Is ‘More Suitable’ for Women

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Billionaire Founder of Uniqlo Tadashi Yanai Says CEO Job Is ‘More Suitable’ for Women
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Tadashi Yanai, the billionaire founder of Japan's Uniqlo retailer empire has claimed his 'job is more suitable for a woman' and would prefer his successor to be female.

Tadashi Yanai

The 70-year-old’s Tokyo-listed retail clothing empire Fast Retailing is parent of the Uniqlo chain. Tadashi Yanai and his family own a 44% stake, putting their estimated net worth at over $29 billion., Yanai said of his CEO role said “the job is more suitable for a woman,” adding that women “are persevering, detail-oriented and have an aesthetic sense.”

The World Economic Forum ranks Japan at No. 110 in its Global Gender Gap Index 2018 with a wage gap of 24.5% for women in 2017, compared with wages for a man in the same role.

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