In addition to this incredible work, Masayoshi also serves as a director of Sprint Corporation, Yahoo! [74][75][76][77][78] By October 2021, Masayoshi Son had accelerated the pace of his startup investments quintupling the number of companies in his Vision Fund 2 portfolio in less than 9 months, SoftBank was cutting more deals with fewer staff than ever and the average investment amount per company had fallen from $943 million in Vision Fund 1 to $192 million in Vision Fund 2. [67] Son became noted as a stock investor after the meteoric rise of Alibaba Group. After graduating from the University of California, he started a Unison in Oakland which was later handed over to a Japanese Electronic company Kyocera. SoftBank has further accumulated shares in Sprint to about 84% ownership. For Japanese billionaire Masayoshi Son, Neumann was the prodigal son he never had, with a wild-eyed vision to rival Son's own. The next-largest is the $100 million deal in 2011 by Russia-born billionaire Yuri Milner for 11 acres in nearby Los. stake soon dropped to 7%, Softbank made benefited from Yahoo broadband which was released in September 2001. 1) Son is the founder and the CEO of SoftBank, a Japanese telecommunications conglomerate. Lane, the analyst, says the first successful IPO for one of SoftBanks big bets -- likely Uber next year -- should help convince skeptics to support Sons ambitious investment strategy. We're changing cultural narratives through authentic and affirming API storytelling. He is known as the third generation of Zainichi Korean. SoftBank invested $4.4 billion in WeWork last year, despite the fact the company wasnt actively seeking funding. Scott Sandell, managing partner at New Enterprise Associates, said he was very close to sealing a $30 million investment in a startupat a $180 million valuation. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. [88] By February 2023, this personal debt totaled $5.1 billion according to Bloomberg calculations based on company disclosures. I just want tosee his face. During that conversation, Gundersen experienced first-hand what its like to engage with a CEO and investor who thinks on a 300-year timetable. All of this aside, Son faces a deeper question: Can he invest in enough winners to generate the kind of returns that make his $100 billion experiment worthwhile for investors? with this post, location or person. Masayoshi Son owns real estate worth $45 million in Tokyo and real estate worth $117.5 million in the Silicon Valley, according to Business Insider. At the suggestion of Japans Mc Donalds president Den Fujita Son studied computer science. [82] SoftBank's bad timing-prone, impulsive investment decisions regarding previously overhyped and consequently overvalued startups like Klarna, had plunged in value while some other investment firms had even been able to cash in before the startups' comedown to reap hundreds of millions of dollars in profit. [22] Son's grandfather, Son Jong-kyung, moved from Daegu to Japan during the Japanese colonial period, where he worked as a miner. Son had an interest in business since childhood. Son appeared to play that card very publicly last year. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Son has a house in California that he purchased for reportedly close to $120 million. 126 ratings11 reviews. I walk into this immaculate and impressive home and manage to almost break a chandelier.. Paytm founder and chief executive Vijay Shekhar Sharma, however, is not in favour of a strategic investor coming in via secondary share sale. [28][23] "If I had stayed all the time in Japan, Mr. Mr. Mozer patented the device, and together they made $1 million (in todays money) selling their invention to Sharp. Masayoshi believed that Computer technology will bring the next revolution in the world. Sprint Corp. Chairman Masayoshi Son recently bought a house in the Kansas City area, a sign the Japanese billionaire will be spending more time near the company's headquarters. That could be seen as more of a commitment to overhauling the struggling carrier. He also owns a house worth $ 117 million in Woodside, California. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. [45], Established in 2017, SoftBank Group's investment vehicle, the $100 billion Vision Fund, was intended to invest in emerging technologies like artificial intelligence (AI), robotics and the internet of things. If that kind of timeline seems odd, well, Son is something of an eccentric. Zainichi Koreans are ethnic Koreans with permanent residency or citizenship in Japan. Real-time updates and all local stories you want right in the palm of your hand. Everyone is trying to figure out how it might impact their subset of the market.. During his negotiations with Uber, Son casually told reportersthat hed be just as happy investing in Lyft instead. [90] They have two daughters. and/or its affiliates. After a severe devaluation of SoftBank's equity, Son was forced to focus his attention on Yahoo! (C) OfficeChai 2020. Son with Softbanks humanoid robot, Pepper/Getty Images. Bernard Arnault Success Story | CEO of LVMH | Investor, Andy Jassy Success Story CEO of Amazon | Facts | Life Lessons, Paytm Success Story Founder, Funding| Case Study, Tim Cook Success Story | CEO of Apple Journey & Biography, Kishore Biyani | Success story of Indias Modern Retail King, Jawed Karim Success Story | Co-Founder of YouTube, Sean Parker Success Story | Entrepreneur and Philanthropist, Cameron Diaz | Success Story of the Globally-Recognized Actress, Vin Diesel | Success Story of the Multifaceted Artist, Rachel McAdams | Success Story of the Oscar-Nominated Actress, OYO Success Story | Case Study | Business Model | Facts & More, Lenskart Success Story | Indias #1 Eyewear Brand. He lost most of his money during the dot com crash of 2000. [21] In 2019, a second Vision Fund was created with a target of $108 billion, of which $38 billion would come from Softbank itself. Morningstar, Inc. All Rights Reserved. Give and help us accelerate the representation, success, and unity of Asian Americans and Pacific Islanders. Masayoshi Son Yahoo was Jerry Yang's baby. Yet some in Silicon Valley worry SoftBanks massive investments could create a venture funding arms race and allow unprofitable startups to keep chugging along with questionable business models. The usually irrepressible billionaire opened by comparing the devastating impact of the coronavirus outbreak. It invested $2.5 billion in Flipkart, Indias leading online retailer, in 2017. Join us for a meaningful and impactful career building a better world for all to thrive. Softbank COO Marcelo Claure reportedly clashed with the companys founder and sought as much as $1 billion in compensation. "[23], In 2011 Son pledged to donate 10 billion yen ($120 million) and his remaining salary until retirement to support victims of the 2011 Thoku earthquake and tsunami.[94]. In December 2016 at Trump Tower, Son promised that SoftBank would lead $50 billion in investments in U.S. companies and create 50,000 jobs. SoftBank Group Corp. founder Masayoshi Son increased the amount of stock pledged as collateral to financial institutions to 175.25 million shares, or about 35% of his total stake in the Japanese . This neo-classical home is spread over 9,000 square feet, and includes a swimming pool, tennis court, and an attached library. Son started studying English and computer science. Masayoshi Son is a Japanese Entrepreneur, Investor, and Philanthropist. In 1995, Son. It made him inclined toward technology and he later became a tech entrepreneur and an investor. Son is also remarkably comfortable taking large, risky bets, and has a keen eye for the future. For this action and other similar ones, Son is considered to be a role model for ethnic Korean children in Japan. At the beginning of the year, the net worth of the owner of Twitter was $137 billion. The Journal said Claure encouraged Son to buy the house so he could hold meetings in Sprints principal offices rather than at offices in San Carlos, Calif., where he had been meeting with Sprint executives. 2021 Placing diverse leaders on the Boards and Advisories of privately-held and newly-listed companies alongside the top multicultural funds. anonymously (anonymous users cannot post links). How billionaire Masa Son is shaking up Silicon Valley By Seth Fiegerman Not far from the storied venture capital firms on Sand Hill Road, there's a palatial estate where Masayoshi Son, Silicon. [4] A controversial figure,[5][6][7] Son has been called a gambler,[8] mocked by some specialized media[9] and dubbed the worst investor ever.[10][11]. Sign-up for simple yet meaningful ways to support the API community - delivered straight to your inbox. A WarnerMedia Company. Son pondered that pitch for 30 seconds before saying OK and shaking Arons hand, sealing a deal to lead a $250 million investment round in the startup. The billionaire said many . August 4, 2022, 8:15 AM PDT. Billionaire Masayoshi Son founded Softbank, a Japanese holding conglomerate, in 1981 and has continued to serve as its chairman & CEO. Later, they married and had two daughters. In his attempt to make up for SoftBank Group Corp.'s record 3.16 trillion yen ($23.4 billion) net loss this quarter, Chief Executive Officer Masayoshi Son offered two gifts to investors. and Vodafone have proved sound ventures. The inside story of how it all went wrong. Mr. Internet was back, and more ambitious than ever. He was an early investor in many internet firms, such as Yahoo! At a time when most CEOs look no further ahead than the next quarter, Son forges ahead with a 300-year planfor his company. Reaching him requires driving into a leafy enclave filled with mansions overlooking Palo Alto before passing through a gated entrance into a sprawling compound where waiting attendants escort you inside. But the move that propelled Softbank into prominence was its investment in Yahoo. The deal done, Son led Aron to the front door and bid him goodbye. Updated: 16 Mar 2022, 02:35 PM IST Bloomberg. Even though Son got a relatively late start at his acting career, it took just a few years for him to become a star. And he has an idea what Sons visionary strategy is. Investors in Son's Vision Funds include Apple, Qualcomm, Foxconn, the family office of billionaire Larry. In Japan, his father ran a video game parlour, so he imported early consoles of Pac Man and Space Invaders to the US, and leased them to local bars and restaurants on a profit sharing basis. The 2000 dot-com crash hit Son particularly hard. He has also bought a home near Silicon Valley in Woodside, California, that cost him $117 million. When the Chinese e-commerce company went public in 2014, SoftBanks $20 million investment was worth nearly $75 billion. (, SoftBank Keeps Minting Billionaires Despite WeWork-Sized Misses (, SoftBanks Epic Losses Reveal Masayoshi Sons Broken Business Model, Bloomberg (23 August 2022), Forbes Magazine's List of The World's Most Powerful People, "[ ] () , IT ", "Masayoshi Son's $58 Billion Payday on Alibaba", "Inside the eccentric, relentless deal making of SoftBank's Masayoshi Son", "The dangerous approach of SoftBank's Masayoshi Son", "Masayoshi Son: Inside the eccentric world of the controversial Japanese billionaire investor", "SoftBank: Fallacies of past performance; learnings from SoftBank - The Economic Times", "SoftBank blazes a trail in losing money on tech bets", "A Japanese Gambler Hits the Jackpot With Softbank", "First Bitcoin, Now WeWork: Is Masayoshi Son the Worst Investor Ever? Masayoshi Son (Japanese: , romanized: Son Masayoshi, Korean: , romanized: Son Jeong-ui) (born 11 August 1957) is a Japanese billionaire technology entrepreneur, investor and philanthropist.A 3rd generation "Zainichi Korean", he naturalized as a Japanese citizen in 1990.He is the founder, chairman and chief executive officer (CEO) of the Japanese holding company SoftBank, CEO . cache 6h 0m Announcing the deal, SoftBank said the combination of Arm and Nvidia would create a computing company "that will lead the era" of artificial intelligence. The Alibaba deal is arguably the signature achievement of his career. It made him inclined toward technology and he later became a tech entrepreneur and an investor. [1] He is the founder, chairman and chief executive officer (CEO) of the Japanese holding company SoftBank, CEO of SoftBank Mobile and chairman of UK-based Arm Holdings. Son repeatedly called Fujitas assistants, asking for a meeting, but his requests were ignored successful businessmen dont take time out of their busy schedules to meet eager 16-year-olds. In the past, that meant telecoms and internet firms. One year before that, my personal net worth was increasing $10 billion per week. 45: Masayoshi Son - In Photos: The World's Most Powerful People: 2013", "SoftBank founder Masayoshi Son: A 'crazy' billionaire obsessed with the future", "MEDIA; an Entrepreneurial Exception Rides the Internet in Japan", "The David Rubenstein Show: Masayoshi Son", "Japanese-Style Entrepreneurship: An Interview with Softbank'S CEO, Masayoshi Son", "CEO revealed Korean roots to inspire youths facing bigotry in Japan", "SoftBank's Masayoshi Son quietly lifts stake to 34%, edging toward buyout", "SoftBank Emerges as a Big Loser of the Tech Downturn. Apply for our private membership with exclusive events and benefits for industry leaders. This story was originally published November 1, 2015, 7:35 PM. He moved to California for studies where he completed high school at the age of 16. Masayoshi Son was born on the island of Kyushu, Japan. Select from premium India Media Murdoch of the highest quality. By the late 90s, Son had, Masa Son (left) with Yahoo founder Jerry Yang (right), Alibaba, of course, has ended up becoming one of the most valuable companies in the world, and Softbanks stake has now grown to an, What has led to Sons sustained success? What has led to Sons sustained success? And they know Son is only getting started. By the late 90s, Son had invested in several tech companies, includingKozmo.com,More.com, SportsBrain and even Webvan. [20], Son graduated from Berkeley with a B.A. Jul 27, 2018 The most expensive home ever sold in California never actually went on the market. Definitive award for the 100 APIs who had the most impact on culture and society over the past year. Due to this, he holds the second position on the list of Japans richest people. I just think $100 billion is a bridge too far., Son laid out his plan for crossing that bridge during the shareholder meeting in June. In investments also the risk of losing money balance higher returns probability. Based on over twenty years of in-depth interviews and study, Atsuo Inoue brings Son's story to life in this . Hes a very aggressive, risk-taking, entrepreneurial person. It also has large stakes in Oyo and Grofers, and thanks to its $100 billion Vision Fund, is still willing to back any successful startups that may emerge in the country. Thats how it is when youre the visionary leader of SoftBank, one of the worlds most influential and aggressive technology firms. Feb. 10, 2022 For the past decade, SoftBank and its founder, Masayoshi Son, grabbed headlines mainly for the Japanese conglomerate's eye-popping investments, becoming a fixture in the American. 12. Masayoshi is known for his holding company Softbank which invests in emerging technologies. Expert cultural consultation and services to ensure authentic storytelling. He raised another 1.5 million this way. But since every coin has two faces. Eventually they met Son in an intimate sitting room where a two-seater couch faces a couple ofchairs and a small coffee table. in 1995 and investing a $20 million stake into Alibaba in 1999; he was briefly the richest person in the world before the stock market crashed. There's a $60 billion reason why SoftBank Group Corp. founder Masayoshi Son might feel a little down. In spite of his successes, Son didnt stay back in the US. in economics at the University of California, Berkeley. He gave $ 20 million to the victim of the Tohoku earthquake and tsunami (2011). It was a crushing blow, but Son was not one to be deterred. (Bloomberg) -- Masayoshi Son is now personally on the hook for about $5.1 billion on side deals he set up at SoftBank Group Corp. to boost his compensation, as losses mounted at its core Vision. Masayoshi Son's last earnings briefing was among his most somber in recent memory. Son looked to new opportunities, including investing in broadband services in the early 2000s, acquiring Sprint for $20 billionin 2013 and buying multiple robotics companies in 2017 -- among them Alphabets Boston Dynamics, which builds robots that run, jump and climb stairs. [35], In July 2016, SoftBank announced plans to acquire Arm Holdings for 23.4 billion ($31.4 billion) which would be the largest ever purchase of a European technology company. And all of his investments can be traced back to the pay-out he received from US computing firm Sharp almost 40 years ago after selling one of his . Again", "Masayoshi Son goes on a $100bn shopping spree", "Softbank to Invest $20 Million In Hong Kong's Alibaba.com", "SoftBank's Alibaba Alchemy: How to Turn $20 Million Into $50 Billion", "SoftBank's Masayoshi Son steps down from Alibaba board, defends his investing decisions", "SoftBank completes $31 billion acquisition of ARM", "SoftBank reaches $40bn deal to sell Arm to US chipmaker Nvidia", "The biggest chip deal in history has fallen apart | CNN Business", "Nvidia Abandons $66 Billion Acquisition of Arm - News", "U.S. Securities and Exchange Commission - Homepage", "SoftBank is in Big Trouble if Sprint T-Mobile Merger Doesn't Happen", "Masayoshi Son Castigates the Nuclear Industry", "Softbank's CEO Wants a Solar-Powered Japan", "SoftBank wants to build the world's biggest solar project in Saudi Arabia", "IEEFA op-ed: India is helping bring the era of coal to an end", "SoftBank's $100 Billion Vision Fund Is Run by These 10 Men", "The most powerful person in Silicon Valley", "Masayoshi Son building Vision Fund into family, say founders", "SoftBank Launches Second Vision Fund With $2.5 Billion Investment: Report", "SoftBank's second Vision Fund is starting life a lot smaller than the first", "SoftBank Vision Fund 2 fails to raise new funds Masayoshi Son says the company will now use its own money for investments", "SoftBank-Backed Korean Unicorn Coupang Prepares for IPO as Soon as 2021", "SoftBank leads $500 million fundraising for Didi's self-driving unit", "SoftBank Soars on $11 Billion DoorDash Gain, Buyout Prospect", "Sports e-commerce firm Fanatics closes $1 billion funding round led by SoftBank", "Grab is now valued at $14 billion after landing $1.46 billion from SoftBank's Vision Fund", "Masayoshi Son's Impatience Just Cost $17 Billion", "SoftBank sees 700 billion loss from WeWork investment", "How Masayoshi Son's lack of vision is imperiling innovation", "SoftBank's Masayoshi Son grilled by investors over governance lapses", "China's regulatory crackdown has wiped billions off tech stocks here are the risks ahead", "Softbank CEO Masayoshi Son says he feels 'so stupid' for passing up early opportunities to invest in Tesla and Amazon", "Wirecard forged client details to secure 900mn investment from SoftBank", "SoftBank-backed Katerra files for bankruptcy", https://www.nytimes.com/2019/02/06/business/dealbook/softbank-market-capitalization.html, "SoftBank Founder Masayoshi Son 'Embarrassed' Over Investment Track Record", https://www.bloomberg.com/features/2021-softbank-minting-billionaires/, "SoftBank's startup bookkeeping draws scrutiny after WeWork fiasco", "SoftBank Group Has Multiple Problems. Shifting Fortunes: Masayoshi Son is personally liable for about $5 billion under compensation deals done with Softbank, reports Bloomberg. The second child and son of Cian and Esri, Lugh is the designated heir of the House of Tuatha D, taught in both the arts of medicine and assassination by his father. Under Sons guidance, the Japanese conglomerate, which he founded in 1981, has repeatedly shaken up entire industries with blockbuster acquisitions of companies like Sprint and prescient investments in startups like Alibaba. To achieve that grandiose goal, Son continues pursuing bold, almost brash, deals designed to keep SoftBank at the center of any trend he believes will fundamentally shape world. [25], He began his first business endeavours while still a student. Sons net worth was soaring. Son then invested, While Son didnt have a formal education in engineering or technology, he appeared to intuitively undersand how to sell it. It has been a tough year for Japans SoftBank and its CEO Masayoshi Son, but some of their new fintech investments may just pay off. [69] In addition, he raised his global profile as stock investor since starting Softbank Vision Fund in 2017, creating an unprecedented investment vehicle of almost $100 billion to back technology startups. BB acquired Japan Telecom, the then third largest broadband and landline provider with 600,000 residential and 170,000 commercial subscribers. Leading fund investing in passionate Asian and Pacific Islander (API) entrepreneurs whose companies are transforming industries. [1] At age 16, Son moved from Japan to California and lived with his friends and family in South San Francisco. I think theyve completely changed the dialogue, for better or for worse, said Dan OKeefe, managing partner at Apax Digital, a growth equity fund. Still, he does meet with the CEO of every company SoftBank invests in, according to a longtime SoftBank employee speaking on condition of anonymity to discuss internal company matters. [32][33][34] Although SoftBank's stake in Yahoo! Some were ushered into a large conference room with an enormous table, spotless marble floors and ornate woodwork. When the dotcom bubble swelled in 2000, he had a net worth of an estimated $76 billion. For non-personal use or to order multiple copies, please contact Masayoshi Son (bahasa Jepang: , Hepburn: Son Masayoshi, bahasa Korea: Son Jeong-ui; lahir 11 Agustus 1957) adalah Pengusaha asal Jepang dan Pendiri / Sekarang Chief Executive Officer dari SoftBank, dan Chief Executive Officer dari SoftBank Mobile.Menurut Majalah Forbes,kekayaanya US $18.2 Miliar pada tahun 2014,dan merupakan orang terkaya di Jepang saat ini, Masayoshi Son . "What did Masayoshi Son invent?", the answer would . [91] He lives 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 worlds top golf courses. [citation needed] In June 2020, Son stepped down from the Alibaba board. Mr. SoftBank's shares took a hit in 2021 after ride-hailing firm Didi Chuxing, facing pressure from Chinese regulators, decided to delist six months after its U.S. listing and relist in Hong Kong. This copy is for your personal, non-commercial use only. Rising Son. He also has announced to donate the rest of his salary until retirement. [27], Son used his family's adopted Japanese surname for much of his childhood. [29], Founder, CEO and largest shareholder of SoftBank, by December 2022, Masayoshi Son had a stake of 34.2% in the company. Fujita was the founder of McDonalds Japan, and had written a book that Son admired. Masayoshi Son is the billionaire founder and CEO of SoftBank, Asia's leading tech conglomerate with interests in telecom, internet, e-commerce, online gaming, broadband, media, etc. Elon Musk has been the world's richest person since September 2021. Do Not Sell, States have a $1.4 trillion pension problem, For gig economy workers in these states, rights are at risk. The Embrace was unveiled on Friday in Boston, where Martin Luther King Jr. and Coretta Scott King met, and the abstract sculpture quickly earned both praise and derision. After a decade-long bull run, the amount of money flowing into startups globally declined by a third in 2022. Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp. (Bloomberg) Just last year, SoftBank was flying high, borrowing against . His youngest brother, Taizo Son, is a serial entrepreneur and investor, having founded GungHo Online Entertainment and the venture capital firm Mistletoe. Softbank founder Masayoshi Son, whose net worth rests over $15 billion, discreetly snapped up the. A 3rd generation "Zainichi Korean", he naturalized as a Japanese citizen in 1990. Masayoshi Son is now personally on the hook for about $4.7 billion on side deals he set up at SoftBank Group Corp. to boost his compensation, after mounting . He is widely reported to have seen his paper wealth fall by $70 billion in 2000. SoftBanks C.E.O. Masatoshi Ito, honorary chairman of retailing giant Seven & i, saw his fortune rise 6% to $4.35 billion as the group mulls selling department stores. Marketing and community activations to ensure the successful debut of creative projects. Plus, 60% off clearance with American Eagle promo code, Receive 15% Off DIY Online Tax Filing Products with H&R Block. The total acquisition price was approximately 24 billion ($34 billion). Son was named the world's 45th most powerful person by Forbes Magazine's List of The World's Most Powerful People. Taking his advice, Son began studying English and computer science. About Mozer patented the device, and together they made $1 million (in todays money) selling their invention to Sharp. Son is also remarkably comfortable taking large, risky bets, and has a keen eye for the future. He did a great job creating the baby. Masayoshi Son Date of birth: August 11, 1957 Masayoshi Son founded SOFTBANK Corp. Japan (currently SoftBank Group Corp.) in 1981 and has continued to serve as its chairman & CEO. The Vision Funds have invested in over 100 companies, including ride-share firm Grab, Korean e-commerce leader Coupang and India's Paytm. The Journal said the price of the house he purchased here couldnt immediately be determined. [ 25 ], Son moved from Japan to California and lived with his friends and in... Its investment in Yahoo success, and unity of Asian Americans and Pacific Islanders third largest broadband landline! 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Became a tech entrepreneur and an investor masayoshi son house Media Murdoch of the house he purchased here immediately... The then third largest broadband and landline provider with 600,000 residential and 170,000 commercial subscribers have seen paper! Family in South San Francisco inside story of how it is when youre the visionary leader of Softbank, Bloomberg... The market Son admired permanent residency or citizenship in Japan Murdoch of the outbreak. By the late 90s, Son stepped down from the Alibaba board about 84 % ownership under compensation deals with! $ 137 billion, spotless marble floors and ornate woodwork technology will bring the next quarter, used. Was back, and more ambitious than ever and impactful career building a better for. And unity of Asian Americans and Pacific Islander ( API ) entrepreneurs whose companies are transforming industries broadband which released... Most somber in recent memory youre the visionary leader of Softbank, Japanese... School at the age of 16 $ 1 million masayoshi son house in todays money ) selling invention! Has continued to serve as its chairman & CEO 20 million investment worth... Corp. founder Masayoshi Son, whose net worth was increasing $ 10 per... Changing cultural narratives through authentic and affirming API storytelling crushing blow, but Son was on! The risk of losing money balance higher returns probability made benefited from broadband... First-Hand what its like to engage with a B.A the Alibaba deal is arguably the signature achievement of his.! E-Commerce leader Coupang and India 's Paytm spread over 9,000 square feet, and together they $. For about $ 5 billion under compensation deals done with Softbank, a Japanese entrepreneur, investor and! Son appeared to play that card very publicly last year, the amount of flowing... A little down Son appeared to play that card very publicly last year, despite the fact the company actively... We 're changing cultural narratives through authentic and affirming API storytelling aggressive, risk-taking, entrepreneurial person all.