SoftBank Tumble Shaves $1.1 Billion Off Son’s Net Worth: ChartBy
The latest acquisition by Masayoshi Son sent his net worth reeling. Japan’s third-richest man lost more than $1 billion Tuesday, the most in the Bloomberg Billionaires Index, as shares of SoftBank Group Corp. plunged. Son, the company’s founder, is pulling off his largest-ever takeover, making a $32 billion offer for ARM Holdings Plc.
— With assistance by Tom Metcalf
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