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SoftBank Founder Has $80 Billion to Defend His AI Vision

  • Masayoshi Son praised Adam Neumann the founder of WeWork
  • CEO declined to comment on plans to take SoftBank private
Masayoshi Son
Masayoshi SonPhotographer: Kiyoshi Ota/Bloomberg

SoftBank Group Corp.’s founder Masayoshi Son said he has $80 billion in cash to buy back more shares and continue investing in both private and public companies.

“If our shares drop down, I will buy back more shares more aggressively,” the chief executive officer said at the New York Times DealBook conference Tuesday. “We have $80 billion in cash at hand.”