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BUSINESS / Companies

SoftBank founder Masayoshi Son loses $25 billion in tech’s brutal winter

Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks in Tokyo during a virtual earnings announcement in February. | BLOOMBERG

Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks in Tokyo during a virtual earnings announcement in February. | BLOOMBERG

By Pei Yi Mak, Venus Feng and Yoojung Lee
Bloomberg

Mar 16, 2022

Masayoshi Son, SoftBank Group Corp.’s billionaire founder, checks the chart. Then again. Another time. And once more for good measure.

Lately it’s only moved in one direction: up.

It’s not a chart of the firm’s stock picks. Those are sinking fast. So too is Son’s fortune — at $13.7 billion (?1.6 trillion), it’s crashed $25 billion in the past year, according to the Bloomberg Billionaires Index.

Amid the heat and humidity in Japan, a good night’s sleep is growing increasingly elusive without the heavy use of air conditioning.

Summer has arrived in Japan and so have hot sleepless nights

By Tomoko Otake

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.

Kabukicho: Tokyo’s ‘stadium of desire’

For many people, utility poles and power lines have become such a familiar part of Japan’s landscape that they often go unnoticed.

Why Japan’s utility poles won’t be disappearing anytime soon

By Alex K.T. Martin

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