Japanese entrepreneur (born 1957)
Masayoshi Son
Son in 2008
Born Masayoshi Yasumoto (
安本 正義 )
[ 1] (1957-08-11 ) 11 August 1957 (age 67) Other names Son Jeong-ui Education University of California, Berkeley (BA )Occupation(s) Entrepreneur, investor, philanthropist Known for Founder of Softbank Group Title Spouse
Children 2
Masayoshi Son (Japanese : 孫 正義 , romanized : Son Masayoshi , Korean : 손정의 , romanized : Son Jeong-ui , born Masayoshi Yasumoto, Japanese : 安本 正義 , romanized : Yasumoto Masayoshi ; August 11, 1957) is an entrepreneur, investor, and philanthropist from Japan. A Zainichi Korean , he is the founder, representative director, corporate officer, chairman and CEO of SoftBank Group (SBG).[ 2] a technology-focused investment holding company , as well as chairman of UK-based Arm Holdings and US-based Stargate LLC .
As an entrepreneur, he achieved notability in PC software distribution, computing-related book and magazine publishing, and telecommunications in Japan, starting in the 1980s and booming throughout the 1990s and 2000s.[ 3] [ 4] His early $20 million investment in Alibaba Group in 2000 grew substantially over the years, reaching a valuation of around $75 billion by 2014 following Alibaba's IPO and contributing significantly to SoftBank's financial success.[ 5] SoftBank's 27 percent stake in Alibaba was worth $132 billion in 2018,[ 6] including additional purchases of the stock since 2000.[ 7] [ 8] The morphing of his own telecom company SoftBank Corp. into an investment management firm called SoftBank Group Corp. made him noted worldwide as a stock investor . He is known for his bold investment strategies,[ 9] [ 10] sometimes resulting in major losses, particularly with the first and second SoftBank Vision Funds .[ 11] [ 12] [ 13]
In 2013, Son was placed 45th on the Forbes magazine's list of the World's Most Powerful People .[ 14] As of July 2024, Son ranks 55th on the Forbes 's list of The World's Billionaires [ 15] and is #135 on the Bloomberg Billionaires Index .[ 16] He had for many years the distinction of being the person who had lost the most money in history (more than $59bn[ 17] during the dot-com crash of 2000 alone, when his SoftBank shares plummeted),[ 18] a feat surpassed by Elon Musk [ 19] [ 20] [ 21] in the following decades. Son was included in Time 100 AI list in 2024.[ 22]
^ "SoftBank's Son stands up to anti-Korean bigotry in Japan" . Nikkei Asia . 27 August 2015.
^ "Board of Directors" . Arm Ltd. Retrieved 24 March 2023 .
^ Webber, Alan M. (1 January 1992). "Japanese-Style Entrepreneurship: An Interview with Softbank'S CEO, Masayoshi Son" . Harvard Business Review . ISSN 0017-8012 . Retrieved 10 June 2023 .
^ "SoftBank's Masayoshi Son won iPhone exclusivity after pitching Apple cellphone to Steve Jobs" . AppleInsider . 13 March 2014. Retrieved 10 June 2023 .
^ "Alibaba IPO highlights SoftBank's value dilemma" . Reuters . 22 September 2014. Retrieved 14 June 2023 .
^ Merced, Michael J. de la (13 July 2018). "Investing in SoftBank Is Becoming a Bet on Its Founder's Deal-Making Prowess" . The New York Times . ISSN 0362-4331 . Retrieved 6 May 2023 .
^ "Inside the eccentric, relentless deal making of SoftBank's Masayoshi Son" . Los Angeles Times . 2 January 2018.
^ "Mega-IPO to rekindle the 'bromance' behind Alibaba's rise" . CNBC . 27 August 2014. Retrieved 6 May 2023 .
^ Schleifer, Theodore (6 December 2017). "SoftBank's Masayoshi Son is about to make either himself or you look like a fool" . Vox . Retrieved 19 May 2023 .
^ "Inside the Eccentric, Relentless Deal-Making of Masayoshi Son" . Bloomberg.com . 2 January 2018. Retrieved 19 May 2023 .
^ Williams, Oscar (11 August 2022). "The dangerous approach of SoftBank's Masayoshi Son" . New Statesman . Retrieved 2 September 2022 .
^ "SoftBank's Top 10 Worst Startup Investments - ValueWalk" . ValueWalk . 10 March 2020. Retrieved 20 April 2023 .
^ "SoftBank Vision Fund Posts Record Loss Despite Masayoshi Son Foreseeing Disaster" . Observer . 11 May 2023. Retrieved 13 May 2023 .
^ Caroline Howard. "No. 45: Masayoshi Son - In Photos: The World's Most Powerful People: 2013" . Forbes . Archived from the original on 11 October 2017. Retrieved 4 September 2017 .
^ "Masayoshi Son" . Forbes . 19 September 2024.
^ "Bloomberg Billionaires Index" . Bloomberg . 19 September 2024. Retrieved 19 September 2024 .
^ "The biggest and fastest net-worth losses of our time" . Fortune . Retrieved 1 January 2023 .
^ Sorkin, Andrew Ross (13 December 2010). "A Key Figure in the Future of Yahoo" . The New York Times . Archived from the original on 21 May 2012. Retrieved 7 April 2012 .
^ "Elon Musk becomes first person ever to lose $200 billion" . 1 January 2023. Retrieved 1 January 2023 .
^ "Elon Musk breaks world record for 'worst loss of fortune,' Guinness says" . Washington Post . ISSN 0190-8286 . Retrieved 12 January 2023 .
^ "How Elon Musk, Mark Zuckerberg and the World's 500 Richest Billionaires Lost $1.4 Trillion in a Year" . Bloomberg.com . 29 December 2022. Retrieved 12 February 2023 .
^ "The 100 Most Influential People in AI 2024" . TIME . Retrieved 18 September 2024 .