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Masayoshi Son is the founder and CEO of the mobile telecom company, SoftBank and is ranked 2nd in the list of Japan’s 50 richest people in 2016. Currently residing in Tokyo, Masayoshi Son is listed as the 45th most powerful man in the world by Forbes magazine in 2013.
Masayoshi Son was born on August 11, 1957, to a poor Korean family in Western Japan.
He was raised in the flood-prone locality of Saga Prefecture in Japan, where poor Korean immigrants lived in shacks and made bootleg alcohol for a living.
Masayoshi Son in his pre-schooling days often had to study while being soaked up to his knees in his shack filled with floodwater that smelled of feces.
During his teenage years, he grew to hate his grandmother because of his Korean heritage and tried to hide his identity by using a Japanese name.
During the dot-com crash of 2000, Masayoshi Son had the distinction of losing the most money in the business history of around 70 Billion.
Masayoshi Son started SoftBank as a software distributor in the year 1981.
In 2013, his company acquired the struggling US-based mobile company, Sprint Nextel for $22 Billion.
Masayoshi Son’s most profitable investment is a 32% stake in the successful Chinese E-commerce giant, Alibaba.
Over the next 30 years, Masayoshi Son plans to elevate his company to the world’s top 10 companies with more than a trillion yen in operating profits and a market capitalization of 200 trillion yen.
Masayoshi Son was ranked among the top 100 Billionaires in the world and the 17th richest in technology in 2015.