Steady flow of Saudi money into SoftBank Vision Fund will allow investments without adding to a heavy debt load and offer potential for investments to generate revenues
Tue, Dec 12, 2017 - 5:50 AM
Mr Son at a recent press conference. SoftBank plans to invest up to US$25 billion in a new megacity the Saudi prince is building on the Red Sea coast and the state-controlled Saudi Electricity.
BILLIONAIRE Masayoshi Son may be getting closer to achieving his dream of making SoftBank Group Corp the world's biggest investor in technologies. The reason has to do with the main patron of Mr Son's US$100 billion investment plan, Saudi Arabia's Crown Prince Mohammed bin Salman....