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Richest man of Japan Masayoshi Son announced his biggest ever investment in India

Masayoshi son was recently in news because he announced the biggest ever investment in the India.

Oct 29, 2014 18:30 IST
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Masayoshi son was recently in news because he announced the biggest ever investment in the India. He announced to invest 10 billion US dollar in the coming years in the IT sector.
He started with the announcement to invest 627 million US dollar in the Snapdeal. With the investment, the snapdeal will become the largest shareholder in the online marketplace major.

About Masayoshi Son

Masayoshi Son is a Korean-Japanese businessman. He is the founder and current chief executive officer (CEO) of SoftBank, the chief executive officer of SoftBank Mobile, and current chairman of Sprint Corporation.

He is the richest man in Japan despite having the distinction of losing the most money in history. He lost approximately 70 billion US dollar during the dot com crash of 2000.

According to Forbes magazine, his net worth is 22.3 billion US dollar as of 2014. Forbes also describes him as a philanthropist.

Son was named the world's 45th most powerful person by Forbes Magazine's List of The World's Most Powerful People in 2013.

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