The SoftBank founder has a net worth of $28.8 billion, according to Forbes’ real-time billionaire tracker. That’s up from $20.9 billion in May 2023, when he was ranked No. 3 on Japan’s 50 Richest list.
The Vision Fund investing arm booked $50 billion in losses in the six months to end-June as valuations slid. Founder and Chief Executive Son has moved to cut headcount and refocus the second fund on managing its existing portfolio.