Japan Businessman Gifts Record-Setting $31 Million to UCLA Humanities Program

Japan Businessman Gifts Record-Setting $31 Million to UCLA Humanities Program
Fast Retailing Chairman, President and CEO, Tadashi Yanai speaks during the company's financial results press conference in Tokyo on Oct. 12, 2023. Kazuhiro Nogi/AFP via Getty Images
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LOS ANGELES—Billionaire Japanese businessman Tadashi Yanai has committed to donate $31 million to the UCLA College Division of Humanities, the largest gift in the division’s history, the university announced Thursday.

The donation will support the Yanai Initiative for Globalizing Japanese Humanities, which was created at UCLA—in partnership with Tokyo’s Waseda University—in 2014 thanks to a $2.5 million donation from the businessman. Yanai in 2020 donated $25 million to the initiative.

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