Billionaires

Don Don Donki Billionaire Primes 24-Year-Old Heir for Retail Empire

Japan’s $21 billion quirky discount chain eyes growth as succession looms.

Takao Yasuda in 2022. 

Photographer: Kevin Lim/Singapore Press/AP Photo

Takeaways by Bloomberg AISubscribe

Step inside a Don Quijote and it feels like a carnival squeezed into a supermarket — blaring jingles, neon signs and aisles so crammed with everything from nostril-hair wax to luxury handbags that shoppers can lose all sense of time.

It’s a vision crafted by Takao Yasuda, who over three decades built the discount chain — known overseas as Don Don Donki — into one of Japan’s most flamboyant retailers.

Subscribe now for uninterrupted access.
Get the context behind every story for $1.99/month.
Get the story behind the story for just $1.99/month.