With SoftBank Rally, Masa Son Adds $12 Billion to Fortune
- Founder’s net worth has more than doubled from a low in March
- SoftBank rally eases pressure as 40% of Son’s stake is pledged
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SoftBank Group Corp. founder Masayoshi Son has enjoyed a $12 billion renaissance the past three months, easing the pressure on his intricately engineered personal finances.
With SoftBank Group’s shares surging to their highest price in two decades on Thursday, Son’s net worth hit $20 billion, more than doubling from $8.4 billion in March, according to the Bloomberg Billionaires Index. It is the first time the 62-year-old’s fortune has topped $20 billion since January 2013, when the ranking first started tracking his wealth.