Masayoshi Son
- January 19, 2024
- Entrepreneur
Quick Facts
| Full Name | Masayoshi Son |
| Date Of Birth | Aug 11, 1957(1957-08-11) |
| Age | 67 |
| Birthplace | Tosu |
| Country | Japan |
| Birth City | Saga Prefecture |
| Horoscope | Leo |
Masayoshi Son Biography
| Birthday | Aug 11 |
| Birth Year | 1957 |
Masayoshi Son is one of the most popular and richest Entrepreneur who was born on August 11, 1957 in Tosu, Saga Prefecture, Japan.
Son graduated from UC Berkeley with a B.A. in Economics in 1980, and started Unison in Oakland, CA, which has since been bought by Kyocera. Son’s family had adopted the Japanese surname Yasumoto (安本 ) , and Son had used that surname as a child. He decided to use his Korean surname instead on returning to Japan from the U.S., and became a role model for ethnic Korean children in Japan.
According to Forbes magazine, Son’s estimated net worth is US$23 billion, and he is the second richest man in Japan, despite having the distinction of losing the most money in history (approximately $70bn during the dot com crash of 2000).
Masayoshi Son (Japanese: 孫正義 , Son Masayoshi, Korean: 손정의; RR: Son Jeong-ui, born 11 August 1957) is a Korean-Japanese billionaire technology entrepreneur, investor, and philanthropist. He is the founder and chief executive officer (CEO) of the Japanese holding company SoftBank, CEO of SoftBank Mobile and chairman of UK-based Arm Holdings. He is well known for his $20 million early stake into Alibaba in 1999.
Masayoshi Son Net Worth
| Net Worth | 23.1 billion USD (2020) |
| Source Of Income | Entrepreneur |
| House | Living in own house. |
Net Worth: As recorded in 2020, the estimated net worth of Masayoshi Son is 23.1 billion USD. His net worth is primarily accumulated through his large stake of 34.2% in SoftBank, a Japanese multinational conglomerate holding company. With his consistent investment in technology-focused companies, Son has built a diversified portfolio contributing significantly to his net worth. If compared to similar profiles, such as Elon Musk or Bill Gates, Son’s net worth is less but substantial.
Career and Financial Growth: Son started off his entreneurial journey by founding SoftBank in 1981. Initially operating as a software vendor, Son strategically aligned SoftBank towards telecom and later transformed it into a strategic investment vehicle. His visionary investment in the Chinese e-commerce company Alibaba in 2000 proved to be a major contributor to his wealth, with Softbank’s 27 percent stake in Alibaba worth $132 billion in
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However, Son has also faced failures with several sour investments but continues to be a significant player in the tech-investment world.
Source of net worth: Son’s net worth can largely be attributed to his entrepreneurial vision and strategic investments. His firm, SoftBank Group Corp, has established itself as a premier investment holding company, leading to a significant portion of Son’s wealth. Certain endorsements or sponsorships have not been encountered, which indicates that his income streams are primarily from his investments and his position at SoftBank.
Personal Projects and Ventures: Son’s personal projects revolve primarily around his investments outside Softbank. This includes his investment in Arm Holdings, a UK-based company which was bought for approximately $34 billion, marking the largest purchase of a European technology company.
Philanthropy: Reminiscent of many successful entrepreneurs, Son is also actively involved in philanthropic activities. In response to the Fukushima Daiichi nuclear disaster, Son was heavily critical of the nuclear industry and invested in a nationwide solar power network for Japan. Furthermore, he pledged to donate 10 billion yen ($120 million) and his remaining salary until retirement to support the victims of the 2011 Tōhoku earthquake and tsunami.
Recent Developments: Masayoshi’s most recent business venture involves the creation of SoftBank’s Vision Fund, a $100 billion fund focused on emerging technologies. Despite setbacks due to the COVID-19 pandemic and Chinese regulatory crackdown, Son continues to invest and expand his portfolio. While the current economic climate may put pressures on Son’s future net worth due to potential delays in returns from the Vision Fund, his diversified portfolio could alleviate risk and contribute positively to his future net worth.
Height, Weight & Body Measurements
Masayoshi Son height Not available right now. Masayoshi weight Not Known & body measurements will update soon.
Who is Masayoshi Son Dating?
According to our records, Masayoshi Son married to Masami Ohno. As of January 13, 2024, Masayoshi Son’s is not dating anyone.
Relationships Record : We have no records of past relationships for Masayoshi Son. You may help us to build the dating records for Masayoshi Son!
Son was an early investor in internet firms, buying a share of Yahoo! in 1995 and investing a $20 million stake into Alibaba in 1999. Son’s holding company SoftBank owns 29.5% of Alibaba, which is worth around $108.7 billion as of 23 October 2018. Although SoftBank’s stake in Yahoo! had dwindled to 7%, Son established Yahoo! BroadBand in September 2001 with Yahoo! Japan in which he still owned a controlling interest. After a severe devaluation of SoftBank’s equity, Son was forced to focus his attention on Yahoo! BB and BB Phone. So far, SoftBank has accumulated about $1.3 billion in debt. Yet, Yahoo! BB acquired Japan Telecom, the then third largest broadband and landline provider with 600,000 residential and 170,000 commercial subscribers. Yahoo! BB is now Japan’s leading broadband provider.
Facts & Trivia
Masayoshi Ranked on the list of most popular Entrepreneur. Also ranked in the elit list of famous people born in Japan. Masayoshi Son celebrates birthday on August 11 of every year.
Son was ranked at number 43 on the Forbes list of The World’s Billionaires 2019, with a net worth of $22.9 billion, and was named the world’s 45th most powerful person by Forbes Magazine’s List of The World’s Most Powerful People in 2013.
Was Masayoshi Son the richest man in the world?
As of October 2021, Bloomberg Billionaires Index estimated Son’s net worth at US$23.1 billion, making him the second richest man in Japan and 68th richest person in the world , despite having the distinction of losing the most money in history (approximately $70bn during the dot com crash of 2000).
How did Masayoshi Son lost 70 billion?
However, trouble arose when Son lost $70 billion of his $78 billion fortune in one fateful day during the 2000 dot-com crash that wiped out 93% of SoftBank’s market value.
Why is SoftBank called SoftBank?
SoftBank Group Corp. started out in 1981 as a distributor of computer software. As software is called “soft” in Japanese, the name “SoftBank” literally means “a bank of software.” We chose the word “bank” based on our grand aspiration to be a key source of infrastructure for the information society.
How much money has SoftBank lost?
SoftBank Vision Fund posts record $27 billion loss as tech stocks plummet. SoftBank’s Vision Fund posted a 3.5 trillion yen loss ($27.4 billion) , the biggest loss since the investment fund began in 2017.
Is SoftBank a Chinese?
SoftBank Group Corp. (ソフトバンクグループ株式会社, SofutoBanku Gurūpu Kabushiki-gaisha) is a Japanese multinational conglomerate holding company headquartered in Minato, Tokyo, and focuses on investment management. The Group primarily invests in companies operating in technology, energy, and financial sectors.