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Masayoshi Son Gains $8 Billion Thanks To SoftBank Profits, Arm's Share Surge

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. ....

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SoftBank faces tech stock weakness at Q2 earnings; logs $50 bn in losses

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. ....

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