(Bloomberg) -- Fast Retailing Co. Chairman Tadashi Yanai lost $1.4 billion on Friday after Uniqlo Japan reported a drop in same-stores sales for December. Shares of the retailer tumbled 6.7 percent, leaving the casual clothing mogul with the biggest wealth decline among the world's 500 richest people on the Bloomberg Billionaires Index. Yanai's net worth currently stands at $17.7 billion.
To contact the reporter on this story: Jill Mao in Hong Kong at mmao18@bloomberg.net. To contact the editors responsible for this story: Robert LaFranco at rlafranco@bloomberg.net, Robert Olsen, Foster Wong
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