Masayoshi Son Biography | Wiki
Masayoshi Son is a popular Japanese billionaire technology entrepreneur, investor, and philanthropist who is the founder, representative director, corporate officer, chairman, and CEO of SoftBank Group Corp. (SBG), a strategic technology-focused investment holding company. He is also a chairman of UK-based Arm Holdings. As an entrepreneur, Masayoshi achieved notability in PC software distribution, computing-related book and magazine publishing, as well as telecommunications in Japan, starting in the 1980s and booming over the 1990s and 2000s.
Poor investment decisions of his SoftBank Group led to a panoply of losing investments across the history of the company. Since Masayoshi founded SoftBank in 1981, he has made several investments, but the vast majority of those deals failed, and his reputation as an investor rests almost solely on his $20 million initial investment in Alibaba Group in 2000, a stake that had grown to a paper valuation of about $50 billion just prior to the Alibaba IPO in 2014.
In 2013, Masayoshi was placed 45th on the Forbes magazine’s list of the World’s Most Powerful People. In the 2018 ranking, Masayoshi was placed in the 55th position. As of 2023, Masayoshi ranks 69th on Forbes’s list of The World’s Billionaires and is #239 on the Bloomberg Billionaires Index. In addition, Masayoshi had for many years the distinction of being the person who had lost the most money in history (over $59bn during the dot com crash of 2000 alone, when his SoftBank shares plummeted), a feat surpassed by Elon Musk in the next decades.
Masayoshi Son Age
Masayoshi was born on August 11, 1957, in Tosu, Saga, Japan. He is 66 years old. Masayoshi celebrates his birthday on August 11, every year.
Masayoshi Son Height
He is a man of average stature. Masayoshi stands at a height of 5 ft 7 in ( Approx. 1. 7m ).
Masayoshi Son Family
He was born as the second of four sons in Tosu, a city in the eastern part of Saga Prefecture on the island of Kyushu, Japan. Masayoshi is a 3rd generation Zainichi Korean. His grandfather, Son Jong-kyung, moved from Daegu to Japan during the Japanese colonial period, where he worked as a miner. Masayoshi’s father is Son Sam-heon. Masayoshi ‘s father and other Koreans illegally built their houses on land that was owned by Japan National Railways, which caused them trouble with the authorities.
His dad raised pigs and chickens on that land and began an illegal sake business that finally became successful enough for his family to become the first people in town to own a car. His family finally moved out of the neighborhood so that Masayoshi could attend a better school. Masayoshi has three brothers and is the second oldest of the siblings. His brother Taizo Son works as a serial entrepreneur and investor, having created GungHo Online Entertainment and the venture capital firm Mistletoe.
Masayoshi used his family’s adopted Japanese surname for much of his childhood. However, following his return to Japan, he decided to use his family’s original Korean surname instead. For this action and other similar ones, Masayoshi is considered to be a role model for ethnic Korean children in Japan.
Masayoshi Son Wife
Masayoshi is married to his wife Masami Ohno, the daughter of a famous Japanese doctor. The two met while both were students at the University of California, Berkeley. They married in 1979 and have welcomed two daughters.
Masayoshi Son Daughters | Daughter
He and his wife Masami Ohno have two daughters. Presently, there is no details regarding their daughters to the public.
Masayoshi Son Education
Masayoshi completed high school in three weeks by taking the required exams at Serramonte High. He joined the University of California, Berkeley where Masayoshi studied economics and computer science majoring in economics. Masayoshi graduated from Berkeley with a B.A. in Economics in 1980 and began a video game company called Unison World in Oakland, CA.
Masayoshi Son SoftBank | SoftBank CEO
He was the founder of SoftBank Corp. in 1981, a software vendor that became a major telecommunications operator in Japan and was afterward morphed into SoftBank Group Corp., an investment holding company. However, even prior to the establishment of SoftBank Group Corp. devoted to pure investment in other companies, SoftBank Corp. as telecom was always used by Masayoshi as an investment vehicle which experienced both successes (like in the case of Alibaba in 1999 and Yahoo! in 1995) and failures (including investment in Kingston Technology when SoftBank bought 80% of the stock in 1996 and sold the company back in 1999 at a loss to the original owners for about a third of the original price). In 2021, he relinquished his role as CEO of SoftBank Mobile, the mobile business of SoftBank Corp.
Masayoshi Son Wework
He made a $4 billion bet on WeWork in 2016. Masayoshi would afterward promise to take over the company for $20 billion and make it into a $10 trillion behemoth by 2028. SoftBank also revealed another loss on its investment in WeWork: SoftBank wrote down the value of loans it made to the company by $1.8 billion.
Masayoshi Son House | House Tokyo
He resides 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 globe’s top golf courses. His three-story mansion in Tokyo is valued at $50 million.
Masayoshi Son Japan
He is a Japanese billionaire technology entrepreneur, investor, and philanthropist. A third-generation Zainichi Korean, Masayoshi naturalized as a Japanese citizen in 1990. He used his family’s adopted Japanese surname for much of his childhood.
Masayoshi Son Woodside House
In 2012 Masayoshi bought a home near Silicon Valley in Woodside, California, that cost him $117 million. His $117.5 million estate in Woodside is the most expensive home sold in California.
Masayoshi Son Email
His email address is maLoremip@sumdo
Masayoshi Son Vision Fund
His investing strategy in the first and second SoftBank Vision Funds established in 2017 and 2019, has been recognized as one reliant on the greater fool theory. SoftBank Group’s investment vehicle, the $100 billion Vision Fund, was intended to invest in emerging technologies like artificial intelligence (AI), robotics as well as the Internet of Things. Masayoshi claimed he would make personal connections with the CEOs of all companies funded by Vision Fund in order to enhance the creation of intertwined synergies among those companies.
Masayoshi Son Korean
He is a 3rd generation Zainichi Korean. He is considered to be a role model for ethnic Korean children in Japan.
Masayoshi Son Alibaba
Masayoshi was an early investor in internet firms, buying a share of Yahoo! in 1995 and investing a $20 million stake in Alibaba in 1999; he was briefly the richest person in the globe before the stock market crashed. His holding company SoftBank owned 29.5% of Alibaba, which was worth around $108.7 billion as of 23 October 2018. Although SoftBank’s stake in Yahoo! had dwindled to 7%, Masayoshi established Yahoo! BroadBand in September 2001 with Yahoo! Japan in which he still owned a controlling interest. Following a severe devaluation of SoftBank’s equity, Masayoshi was forced to focus his attention on Yahoo! BB and BB Phone. So far, SoftBank has accumulated about $1.3 billion in debt. In June 2020, Masayoshi stepped down from the Alibaba board.
Masayoshi Son Adam Neumann
He invested his first $4.4bn after Neumann gave him a 12-minute tour of a WeWork in 2016. Adam Neumann is a co-founder and CEO of WeWork until 2019. The two pushed WeWork to new heights as they challenged each other to think big and bet billions.
Masayoshi Son Investments
He was an early investor in internet firms, buying a share of Yahoo! in 1995 and investing a $20 million stake into Alibaba in 1999.
Masayoshi Son Young
He was born in Tosu, Saga, Japan, to his parents. At age 16, Masayoshi moved from Japan to California and lived with his friends and family in South San Francisco. At age 19, Masayoshi became confident that computer technology would ignite the next commercial revolution following being impressed by a microchip featured in a magazine.
Masayoshi Son Arm
In July 2016, SoftBank reported plans to acquire Arm Holdings for £23.4 billion ($31.4 billion) which would be the largest-ever purchase of a European technology company. In September 2016, SoftBank reported that the transaction was complete. The total acquisition price was valued at £24 billion ($34 billion).
Masayoshi Son Contact | Contact Info |Contact Information
His headquarters phone number is +86 368892000
Masayoshi Son Electronic Dictionary
He began his entrepreneurial journey after he invented the first electronic dictionary, which he sold it to Sharp for $1.7 million.
Masayoshi Son Net Worth | Net Worth 2022
Masayoshi gets his wealth from his work as the founder, representative director, corporate officer, chairman, and CEO of SoftBank Group Corp. (SBG). Therefore, Masayoshi has accumulated a decent fortune over the years. Masayoshi’s net worth is $23.3 billion.
How Old Is Masayoshi Son
Masayoshi is a 66-year-old who was born on August 11, 1957, in Tosu, Saga, Japan. Masayoshi celebrates his birthday on August 11, every year.
How Tall Is Masayoshi Son
Masayoshi is a man of average stature who stands at a height of 5 ft 7 in ( Approx. 1.7m ).
Who Is Masayoshi Son
He founded and runs mobile telecom and investment giant SoftBank Group. Investors in Masayoshi’s Vision Funds include Apple, Qualcomm, Foxconn, the family office of billionaire Larry Ellison as well as Saudi Arabia’s sovereign fund. The Vision Funds have invested in more than 100 companies, such as ride-share firm Grab, Korean e-commerce leader Coupang and India’s Paytm. For the year ended March 2023, SoftBank reported a $7.3 billion loss.