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Masayoshi Son (孫 正義, Son Masayoshi, born 11 August 1957) is a Japanese billionaire technology entrepreneur, investor, and philanthropist. He is the founder and chief executive officer (CEO) of the Japanese holding company SoftBank, CEO of SoftBank Mobile and chairman of UK-based Arm Holdings.[2]
Masayoshi Son
Masayoshi Son in 2008
Tosu, Saga, Japan
According to Forbes, Son's estimated net worth is US$30 billion, making him the second richest man in Japan,[3] despite having the distinction of losing the most money in history (approximately $70bn during the dot com crash of 2000).[4]
Son was named the world's 45th most powerful person by Forbes Magazine's List of The World's Most Powerful People.[5]
As of July 2020, Son ranks 32nd on the Forbes list of The World's Billionaires 2020,[6][7] and ranks 2nd in Japan[8] with an estimated net worth of $30 billion.[9]
Early life and education
Masayoshi Son was born in Tosu, (鳥栖市, Tosu-shi) a city in the eastern part of Saga Prefecture on the island of Kyushu, Japan.[10][11][12]
Son is a 3rd generation "Zainichi Korean", which are ethnic Koreans with permanent residency or citizenship in Japan.[13]
At age 16, Son moved from Japan to California and finished high school in three weeks by taking the required exams at Serramonte High while staying with friends and family in South San Francisco. Son attended the University of California, Berkeley, where he majored in engineering. Enamoured by a microchip featured in a magazine, Son at age 19 became confident that computer technology would ignite the next commercial revolution.[14]
His first business endeavours began as a student. With the help of some professors, Son created an electronic translator that he sold to Sharp Corporation for $1.7 million. He made another $1.5 million by importing used video game machines from Japan, on credit, and installing them in dormitories and restaurants.[11] Son pursued his interests in business by securing a meeting with Japan McDonald's president Den Fujita. Taking his advice, Son began studying English and computer science.[15]
Son graduated from Berkeley with a B.A. in Economics in 1980,[16] and started Unison in Oakland, CA, which has since been bought by Kyocera. Son's family had adopted the Japanese surname Yasumoto (安本), and Son had used that surname as a child.[11] He decided to use his Korean surname instead on returning to Japan from the U.S.,[17] and became a role model for ethnic Korean children in Japan.[17](from Internet)