SoftBank CEO Masayoshi Son’s Web Price Is 11 Figures—How He Made His Billions

Masayoshi Son, founder and CEO of Japanese multinational funding firm SoftBank Group, is without doubt one of the richest individuals on the planet.

Son just lately introduced SB OpenAI Japan, a three way partnership with Open AI CEO Sam Altman to carry synthetic intelligence providers to corporations in Japan. As a part of the settlement, Son can pay $3 billion to make use of OpenAI’s know-how throughout SoftBank corporations. Son can also be in talks to speculate as much as $43 billion in OpenAI, which might be the biggest funding in a startup ever, in keeping with The Wall Road Journal.

Son’s SoftBank can also be a part of a $500 billion three way partnership introduced in late January by Donald Trump with Oracle and OpenAI to construct AI infrastructure in america.

Son, thought-about one of many world’s strongest buyers, has invested in varied corporations, together with Uber, Yahoo!, DoorDash, Alibaba, the ill-fated WeWork, and extra.

Son has an estimated web value of $17 billion, in keeping with Bloomberg. Here is how Son made his billions.

SoftBank Group

Son based SoftBank Group in 1981 and grew it right into a conglomerate and funding large funding main startups throughout varied industries together with AI, e-commerce, robotics, satellites, advertising and finance.

Son’s wealth is pushed by his 29% stake in SoftBank. Son is the biggest shareholder within the firm and owns 421,661 shares as of September 2024.

SoftBank went public in December 2018 and started buying and selling on the Tokyo Inventory Trade after elevating greater than $21 billion in its preliminary public providing (IPO).

Amongst its many acquisitions, SoftBank purchased UK-based semiconductor and chip design firm, ARM Holdings (ARM), in 2016 for $31 billion. Softbank has a 90% stake in ARM, which has a market cap of $173 billion—that means Softbank’s stake within the firm is value an estimated $155 billion.

SoftBank is invested in additional than 400 tech corporations akin to Uber, Chime, Fanatics, Doordash, India-based meals supply platform Swiggy, Southeast Asia’s experience share firm Seize, and others by its AI and tech-focused funding funds, Imaginative and prescient Funds 1 and a couple of.

Actual Property

Son bought a nine-acre dwelling in Woodside, Calif., for $117.5 million in 2012, which is without doubt one of the costliest houses ever bought within the state, in keeping with San Francisco Enterprise Occasions. The billionaire additionally purchased the landmark Tiffany constructing in Tokyo for $326 million in 2013, in keeping with Reuters, and bought it in 2020 for an undisclosed sale worth, in keeping with Retalk Asia.