Masayoshi Son (Japanese: 孫 正義, romanized: Son Masayoshi, Korean: 손정의, romanized: Son Jeong-ui) (born 11 August 1957) is a Korean-Japanese billionaire technology entrepreneur, investor, financier and philanthropist. A 3rd generation "Zainichi Korean", he naturalized as a Japanese citizen in 1990. He is the founder, chairman and chief executive officer (CEO) of the Japanese holding company SoftBank, CEO of SoftBank Mobile and chairman of UK-based Arm Holdings.
Since Son founded SoftBank in 1981, he has made many investments, but the vast majority of those deals failed, and his reputation as an investor rests almost solely on his $20 million investment in Alibaba Group in 2000, a stake that was worth $130 billion in 2018.[3] 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. However, after a number of high-profile setbacks, Son's investing strategy in the first and second SoftBank Vision Funds established in 2017 and 2019, has been described as one reliant on the greater fool theory.[4] A controversial figure,[5][6] Son has been mocked by some specialized media[7] and dubbed the worst investor ever.
As of September 2022, Son ranks 73rd on the Forbes list of The World's Billionaires 2022,[9] despite having the distinction of losing the most money in history (approximately $70bn during the dot com crash of 2000).
Son was named the world's 45th most powerful person by Forbes Magazine's List of The World's Most Powerful People.
Son met his wife, Masami Ohno, the daughter of a prominent Japanese doctor, while both were students at the University of California, Berkeley.[80] They have two daughters.[81] He lives in Tokyo in a three-story mansion that is valued at $50 million and that has a golf range with technology to mimic the weather conditions and temperature of the world’s top golf courses. He has also bought a home near Silicon Valley in Woodside, California, that cost him $117 million. He owns the SoftBank Hawks, a professional Japanese baseball team.[82] Son has three brothers and is the second oldest of the siblings. His youngest brother, Taizo Son, is a serial entrepreneur and investor, having founded GungHo Online Entertainment and the venture capital firm Mistletoe.
When he went to the United States at 16 to attend high school and then the University of California Berkeley, he decided to use his real Korean surname.[21][16] "If I had stayed all the time in Japan, Mr. Son said, I probably would have become much more conservative, just as other Japanese."
Courtesy – Wikipedia
- Masayoshi Son