Masayoshi Son's US$50b investment pledge shows his knack for spectacle
Tokyo
MASAYOSHI Son's well-timed meeting with Donald Trump is introducing US audiences to a side of the billionaire already familiar in Japan - a consummate showman.
His knack for spectacle was on display on Tuesday as the founder of SoftBank Group Corp posed for cameras with the president-elect at Trump Tower in New York. Mr Son had just promised a US$50 billion investment in the US that would create 50,000 jobs. SoftBank's shares jumped to the highest in 15 months in Tokyo trading.
Mr Son, who rose to global prominence when SoftBank acquired Sprint Corp in 2013, is known overseas primarily as a savvy investor and entrepreneur. But the Japanese have long seen his dramatic side, like the time he choked up on stage remembering his difficult upbringing, with a giant black-and-white photo of his immigrant grandmother hovering in t…
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Meta releases early versions of its Llama 3 AI model
Seatrium unit ordered to pay US$108 million in arbitration over equipment supply contracts
TSMC estimates losses of US$92.4 million due to Taiwan earthquake
Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom
US: Wall St opens higher as some chip stocks bounce back after selloff
Blackstone reports 1% rise in Q1 earnings