Masayoshi Son: When I first started the company, I only had two part-time workers and a small office. Neumann told Business Insider in a 2019 interview that he and his wife, Rebekah, call Son "Yoda," in reference to the "Star Wars" character. Here's a look at Son's life, career, investments, and real-estate portfolio. "While we don't comment on fundraising, much of The Wall Street Journal's reporting on investor sentiment is misleading and even inaccurate," a SoftBank spokesperson told Business Insider in an email. All rights reserved.For reprint rights. "When it comes to diversity, SoftBank absolutely has to do better as an employer, investor, and partner. contributed $45 billion of the fund's $100 billion bankroll, laid off more than 8,000 people since January. Six of SoftBanks' top executives made $83 million combined (9.1 billion yen) in compensation in 2018, while Son's salary rose to about $2.1 million (229 million yen), according to Bloomberg. This is an almost unimaginable figure to most people. Not satisfied with this, Son also independently launched Yahoo! "Saudi Arabia's presence in Silicon Valley is greater than it's ever been," Alexei Oreskovic wrote for Business Insider in 2019. Son reportedly "lost faith" in Neumann and wanted him demoted, the Financial Times reported September 22. In 2011, he pledged to donate $119 million to support victims of the 9.1 magnitude earthquake that hit Japan that March — as well as "the whole of his remuneration" as head of SoftBank until his retirement. 1) Son is the founder and the CEO of SoftBank, a Japanese telecommunications conglomerate. Despite paying his executives billions and donating his salary to earthquake victims, Son continues to grow richer. And in 2013, he spent $326 million on Tokyo's landmark Tiffany Building in the Ginza luxury shopping district. The size of Son's $100 billion Vision Fund and its investment strategies have shocked Silicon Valley investors, according to Bloomberg. The fund will be overseen by SoftBank's chief operating officer, Marcelo Claure and two black tech leaders: TaskRabbit CEO Stacy Brown-Philpot and Pindrop cofounder Paul Judge. SoftBank has invested in major tech companies like Uber, $100 billion Vision Fund and its investment strategies, the most powerful person in Silicon Valley. SoftBank confirmed that Apple, Foxconn, and others will invest in the fund, as well as Microsoft for the first time, Business Insider's Shona Gosh reported. 6) Using SoftBank, Masayoshi Son bought big stakes in large companies, such as Japan’s Nippon Credit Bank, Alibaba, and E*Trade. In the 1980s, Son founded SoftBank, a company that today pours billions of dollars of capital into tech startups, including through its $100 billion Vision Fund. Which Leveraged Bond ETF is Right For You? Tomohiro Ohsumi/Getty ImagesMasayoshi Son is the founder and CEO of Japanese holding company SoftBank.Masayoshi Son, the billionaire founder and CEO of Japanese He has also bought a home near Silicon Valley in Woodside, California that cost him $117 million. It has many amazing features that are beyond the imagination of most people, including a golf range that has the technology to mimic the weather conditions and temperature of the world’s top golf courses. He's the second-richest person in Japan after. Son has invested millions in some of Silicon Valley's biggest tech companies, SoftBank owns stakes in more than 1,000 companies, Most of Son's wealth comes from his 27% stake, The 63-year-old CEO was one of four brothers, Son took his advice and moved to San Francisco. Despite having speaking poor English when he arrived in the United States, he managed to get degrees in computer science and economics from UC Berkeley. When Son was 24, he founded SoftBank in Tokyo. But WeWork's valuation has plummeted since September 2019 amid its failed IPO attempt in September 2019. contributed $45 billion of the fund's $100 billion bankroll, SoftBanks' top executives made $83 million, he pledged to donate $119 million to support victims of the 9.1 magnitude earthquake, about $45 million worth of residential property in Tokyo, Son bought the Woodside, California, property in 2012, Taizo Son is an entrepreneur who has founded companies, they definitely want to participate in Vision Fund 2, Here’s when we will know the 2020 US election results, Mukesh Ambani slips to the 9th spot in Forbes billionaires list as he loses $7 billion in a single day, Live results of Washington state's governor race between Jay Inslee and Loren Culp, Sarah McBride wins Delaware - becomes 1st transgender US state senator, Top stock movers — Infosys, Wipro, TCS, HCL Tech, PVR, Sun Pharma, Adani Ports, IndusInd Bank, and others, Most effective ways to market to GenZ in 2020, Nokia 10 PureView could be powered by the flagship Snapdragon 875 chipset, Master Business Fundamentals from Wharton. Meet Masayoshi Son, the billionaire founder of SoftBank and one of the richest men in Japan, who has a $16.3 billion fortune and owns a $117.5 million Silicon Valley estate, Apple is finally adding 'dark mode' to the next version of the iPhone's operating system - here's how your iPhone will look in dark mode, APPLY NOW: Insider Inc. is now hiring fall and winter fellows for edit, video, social, and photography, Dr Roebuck's is an Australian skin-care company that only uses clean, pared-down ingredients - my ultra-sensitive skin loves it. "SoftBank's strategy has been to put enormous sums — its smallest deals are $100 million or so, its biggest are in the billions — into the most successful tech startups in a given category.". 10) He lives in Tokyo in a three-story mansion that is valued at $50 million. He's a very well respected businessman in Japan and as well as the currently 2nd richest man in Japan he has a net worth of $14 Billions (Oct 2015). "SoftBank's strategy has been to put enormous sums — its smallest deals are $100 million or so, its biggest are in the billions — into the most successful tech startups in a given category.". "The standard VC playbook involves making small, speculative investments in early-stage startups and adding funds in follow-on rounds as those startups grow," Sarah McBride, Selina Wing, and Peter Elstrom wrote for Bloomberg. SoftBank lost about $10 billion from its market value this week after The Wall Street Journal reported that the Japanese conglomerate has been making huge, risky investments in tech stocks. With over 10 years experience he's covered businesses, CEOs, and investments. Before he was 21 years old, Son sold his first company, a multilingual translator bought by Sharp for about $1 million. 2) At the age of 16, Masayoshi Son and his family moved to California from Japan. Masayoshi Son was one of those who suffered the most as his company’s share price plummeted and he suffered the largest personal loss in history. Through its Vision Fund, SoftBank has invested in major companies like Uber, WeWork, food-delivery startup DoorDash, and Indian e-commerce retailer Flipkart. Taizo Son is an entrepreneur who has founded companies including GungHo Online Entertainment and Movida Japan. Son's younger brother, Taizo Son, is also a billionaire. Masayoshi Son, the founder and CEO of Japanese holding company SoftBank, is worth an estimated $16.3 billion, according to Bloomberg's Billionaires Index. He owns $45 million worth of real estate in Tokyo as well as a $117.5 million estate in Silicon Valley. In August 2012, Son had a net worth of $9.79 billion. The SoftBank CEO reportedly has personal relationships with billionaire CEOs and entrepreneurs such as Bill Gates, Larry Ellison, Rupert Murdoch, and Tadashi Yanai. "Saudi Arabia's presence in Silicon Valley is greater than it's ever been," Alexei Oreskovic recently reported for Business Insider.
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