How perfect, Barnard said. A grandson of South Korean immigrants to Japan, Son founded SoftBank in 1981 as a distributor of computer software. How billionaire Masa Son is shaking up Silicon Valley By Seth Fiegerman Not far from the storied venture capital firms on Sand Hill Road, there's a palatial estate where Masayoshi Son, Silicon. It helps that hes a Japanese businessman who breaks the mould thanks to his education at Berkley, he speaks English, and shakes hands instead of bowing. 2023 Forbes Media LLC. Japan's second richest man and founder of Softbank is the owner of this Woodside, California home costing approximately $115 million. Masayoshi Son, the chief executive of Japanese tech conglomerate SoftBank, said to shareholders on Wednesday that he wants to be viewed as a 21 st century Rothschild. This copy is for your personal, non-commercial use only. He later sold the company to an associate for close to $2 million, and the company was eventually acquired by Kyocera. Announcing the deal, SoftBank said the combination of Arm and Nvidia would create a computing company "that will lead the era" of artificial intelligence. It sold in 2012 for $117 million to SoftBank Chief Executive Masayoshi Son. Mozer patented the device, and together they made $1 million (in todays money) selling their invention to Sharp. SoftBank's shares took a hit in 2021 after ride-hailing firm Didi Chuxing, facing pressure from Chinese regulators, decided to delist six months after its U.S. listing and relist in Hong Kong. By the late 80s, Softbank hadcreated a system that let people across Japan choose telephone operators with the lowest rates for domestic and long-distance calls that was enormously popular. While at university, Son gave early hints of his entrepreneurial ambitions. in Economics in 1980,[26] and started a video game company called Unison World in Oakland, CA. Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp. (Bloomberg) Just last year, SoftBank was flying high, borrowing against . SoftBank, he said, is now a unicorn hunter.. He also spent $117 million on a house in Woodside, California, near Silicon Valley. [37] However, the deal with Nvidia failed as announced in February 2022. Masayoshi Son is a famous Japanese entrepreneur, philanthropist, investor, and billionaire. August 4, 2022, 8:15 AM PDT. You cant have a visionary strategy unless you know the details, Gundersen said. The Journal said Claure encouraged Son to buy the house so he could hold meetings in Sprints principal offices rather than at offices in San Carlos, Calif., where he had been meeting with Sprint executives. Masayoshi Son, chairman of Sprint and CEO of SoftBank Group Corp., recently bought a house near Sprints headquarters, a move seen as a commitment to overhaul the struggling carrier. Reaching him requires driving into a leafy enclave filled with mansions overlooking Palo Alto before passing through a gated entrance into a sprawling compound where waiting attendants escort you inside. He has also bought a home near Silicon Valley in Woodside, California, that cost him $117 million. (File Photo: Reuters) Venture . Privacy Policy. [92] Son has three brothers and is the second oldest of the siblings. But Masa swooped in and offered the startup $100 million at a $500 million valuation. Son sold the device to Sharp in a deal he said netted him close to $1 million -- an early win for the young entrepreneur. Sprint employees perhaps will soon be seeing more of Masayoshi Son around the Overland Park headquarters. The prominent one which made him into the limelight was an investment of $ 30 million in Alibaba group. SHARE. Musk's net worth now stands at $187 billion. For this action and other similar ones, Son is considered to be a role model for ethnic Korean children in Japan. BY Grady McGregor. He worked in Japan as a miner. He lost billions in the dot-com bust, but sinking $20 million intoAlibaba in 2000 helped revive his fortune. It invests in growing companies and emerging technologies. Masayoshi Son, the tech tycoon who has spent billions of Saudi money, is staying away from the kingdom's major investment summit this week. Hes a very aggressive, risk-taking, entrepreneurial person. The fund, backed by the likes of Apple and Saudi Arabias Public Investment Fund, has already pumped $30 billion into companies including Uber, WeWork, and Slack. I walk into this immaculate and impressive home and manage to almost break a chandelier.. More than a decade after the Dot Com bubble burst, SoftBank reaped the financial rewards of the early Alibaba deal. The Vision Funds have invested in over 100 companies, including ride-share firm Grab, Korean e-commerce leader Coupang and India's Paytm. Zainichi Koreans are ethnic Koreans with permanent residency or citizenship in Japan. He has been a wise investor - his early stakes in computing, then brands like Microsoft, Yahoo! Get our picks of API projects and companies to support and celebrate, Gold House is a registered 501(c)(3) nonprofit. I just want tosee his face. He was born in 1957 in Japan, the son of Korean immigrants. From the start, Son focused on how he could help change society with technology, said the longtime SoftBank employee. Masayoshi Son is a Japan-based Millionaire, a tech entrepreneur, and an investor. Son has three brothers. He owns the SoftBank Hawks, a professional Japanese baseball team. [48][49] Son planned to raise $100 billion for a new fund every few years, investing about $50 billion a year in startups. When he was 16, Masayoshi Son decided he wanted to meet Den Fujita, one of Japans most famous entrepreneurs. in economics at the University of California, Berkeley. Masayoshi Son is a Japanese Entrepreneur, Investor, and Philanthropist. Some, like Yahoo and Alibaba, paid off handsomely, helping overshadow losses from notable flops like Kozmo and Webvan. At the suggestion of Japans Mc Donalds president Den Fujita Son studied computer science. Now, they live in a mansion worth $ 50 million. "What did Masayoshi Son invent?", the answer would . You can keep on working, whatever youre doing. The 2000 dot-com crash hit Son particularly hard. Claure worked closely with SoftBank chairman and CEO Masayoshi Son, who tapped him to fix WeWork's issues . Everyone is trying to figure out how it might impact their subset of the market.. Masayoshi Son (Japanese: , romanized:Son Masayoshi, Korean: , romanized:Son Jeong-ui) (born 11 August 1957) is a Japanese billionaire technology entrepreneur, investor and philanthropist. I just want tosee his face. His Silicon Valley . Son got his undergraduate degree from UC Berkeley. Jul 27, 2018 The most expensive home ever sold in California never actually went on the market. Sonbet $374 million on Yahoo between 1995 and 1998, and at its peak, his investment had led to a 50-fold gain. SoftBank owns stakes in more than 1,000 companies, including Alibaba and Yahoo Japan, according to. Masayoshi Son (bahasa Jepang: , Hepburn: Son Masayoshi, bahasa Korea: Son Jeong-ui; lahir 11 Agustus 1957) adalah Pengusaha asal Jepang dan Pendiri / Sekarang Chief Executive Officer dari SoftBank, dan Chief Executive Officer dari SoftBank Mobile.Menurut Majalah Forbes,kekayaanya US $18.2 Miliar pada tahun 2014,dan merupakan orang terkaya di Jepang saat ini, Masayoshi Son . Note: VirtualGlobetrotting is an entertainment website is and is not associated [43] In March 2018, it was announced that Son was investing in the biggest ever solar project, a 200GW development planned for Saudi Arabia as part of its Vision 2030. He had invested $20 million in Jack Ma's Alibaba back in 2000 when it was a young Chinese startup company[68] although regrettably passing up early opportunities to invest in both Amazon and Tesla. In 300 years time, we would like to become that company that makes the most contribution to human evolution -- the company that has greatest impact on humanity, he said during a recentshareholder meeting. Son, who lives in Japan and is also the CEO of SoftBank Group Corp., doesnt plan to move into the house full time, said people familiar with the matter. Multiple investors said startups may feel pressure to accept SoftBanks funding regardless of whether they want it, simply to prevent SoftBank from handing that money to a rival and upending the market. Sign-up for simple yet meaningful ways to support the API community - delivered straight to your inbox. He was an early investor in many internet firms, such as Yahoo! Before I told anybody else, our stock started crashing We almost went bankrupt. It made them face bad consequences. Based on over twenty years of in-depth interviews and study, Atsuo Inoue brings Son's story to life in this . Disclaimer. That investment yielded a 60% returnwhen Walmart bought the company less than a year later in a deal that reportedly pegged SoftBanks stake at $4 billion. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Aiming High. At the beginning of the year, the net worth of the owner of Twitter was $137 billion. Son bet so heavily on online ventures that people took to calling him Mr. Read the latest breaking news from Masayoshi Son and from over 100 premium publishers, unwalled and ad free with one subscription. Here's What Comes Next", https://www.bloomberg.com/news/articles/2022-08-23/softbank-s-23-billion-loss-looks-like-more-wework-fun, "Masayoshi Son owes $4.7bn to SoftBank following tech rout", "Masayoshi Son Now Owes SoftBank $5.1 Billion on Side Deals", "Masayoshi Son, SoftBank's worried visionary", "SoftBank's Masayoshi Son, the 'crazy guy who bet on the future", "10 Things You Didn't Know About Masayoshi Son", "Serial Entrepreneur Taizo Son Finds A Welcoming Laboratory For His High-Tech Ideas", "Softbank's Son pledges 120 million salary for quake relief", "Masayoshi Son: The CEO who lost $70bn in a day before conquering the world", https://en.wikipedia.org/w/index.php?title=Masayoshi_Son&oldid=1141670169, UC Berkeley College of Engineering alumni, Short description is different from Wikidata, Articles containing Japanese-language text, Articles containing potentially dated statements from December 2022, All articles containing potentially dated statements, Articles with unsourced statements from August 2022, Articles with unsourced statements from July 2020, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 26 February 2023, at 05:52. stake soon dropped to 7%, Softbank made benefited from Yahoo broadband which was released in September 2001. You can keep on working, whatever youre doing. Masayoshi Son is the billionaire founder and CEO of SoftBank, Asia's leading tech conglomerate with interests in telecom, internet, e-commerce, online gaming, broadband, media, etc. This debt on side deals he set up at SoftBank Group Corp. to boost his compensation, as losses mounted at its core Vision Fund venture capital arm, sparked controversy due to corporate governance concerns, but Son insisted that there wasnt any conflict of interest. Aron told him it could one day capture much of the worlds data. and Alibaba, of which SoftBank reportedly owns nearly 30%. Kiyoshi Ota/Bloomberg/Getty Images Alibaba has suffered a crisis of confidence in recent months as it faces scrutiny from. Placing diverse leaders on the Boards and Advisories of privately-held and newly-listed companies alongside the top multicultural funds. It Also Has an Undervalued Stock", "Softbank Group shares slide 3% after Didi, Arm, Grab triple setback", "SoftBank Is Cutting More Deals With Fewer Staff Than Ever (1)", "SoftBank cuts 15% of jobs from Vision Fund arm", "SoftBank Vision Fund posts record $27 billion loss as tech stocks plummet", "Klarna's Slashed Valuation Creates Losers and a Few Winners", "SoftBank CEO 'ashamed' of pride in past profits as record losses prompt cost cuts", "SoftBank suffers as Son's bets on China tech backfire", "The SoftBank Experiment Has Failed. "[87], By November 2022, according to the Financial Times, Masayoshi Son personally owed SoftBank $4.7bn because of growing losses on the Japanese conglomerates technology bets, which have also rendered the value of his stake in the groups second Vision Fund worthless. [69] In addition, he raised his global profile as stock investor since starting Softbank Vision Fund in 2017, creating an unprecedented investment vehicle of almost $100 billion to back technology startups. And all of his investments can be traced back to the pay-out he received from US computing firm Sharp almost 40 years ago after selling one of his . Masayoshi Son is a Japanese billionaire renowned for his interest in emerging technology companies. Plus, 60% off clearance with American Eagle promo code, Receive 15% Off DIY Online Tax Filing Products with H&R Block. In Japan, his father ran a video game parlour, so he imported early consoles of Pac Man and Space Invaders to the US, and leased them to local bars and restaurants on a profit sharing basis. He gave $ 20 million to the victim of the Tohoku earthquake and tsunami (2011). SoftBanks C.E.O. Reflects change since 5 pm ET of prior trading day. Within a year, Softbank was already diversifying in 1982, itentered the publishing business, launching two monthly magazines about PCs and software. Uber is believed to be pursuing a secondary stock sale at a $62 billion valuation-- with plans to go publicnext year. He has also bought a home near Silicon Valley in Woodside, California, that cost him $117 million. Son is best known for his investment company Softbank. This neo-classical home is spread over 9,000 square feet, and includes a swimming pool, tennis court, and an attached library. He marveled at how Son was able to discuss ideas that were multi-decades out before going back to specific customers and industry details in the present. Softbank was a software distributor at the time, selling packaged software to Japanese clients. Son came up with the idea to use the synthesizer astranslator that would pronounce the word that you were trying to translate, and could be sold at airports. By the late 90s, Son had invested in several tech companies, includingKozmo.com,More.com, SportsBrain and even Webvan. Distribution and use of this material are governed by Masayoshi Son is the billionaire founder and CEO of Japanese holding company SoftBank. About His second business idea was to import second-hand Japanese video game and install it in dormitories and restaurants. Masayoshi Son is going to bolster the coffers of his SoftBank Group with a $34 billion gain from cutting its stake in Chinese e-commerce giant Alibaba. We celebrate and spotlight API achievements across industries through our unique and original awards and events. Bachelor of Arts/Science, University of California, Berkeley. 12. FC Barcelona legend Ronaldinho's son Joao Mendes has made his debut for the club against Manchester United. Son is also remarkably comfortable taking large, risky bets, and has a keen eye for the future. Aug 12, 2022. SoftBank Group Corp. founder Masayoshi Son increased the amount of stock pledged as collateral to financial institutions to 175.25 million shares, or about 35% of his total stake in the Japanese . By the mid-90s, it seemed clear that answering that question meant investing in online companies. Masatoshi Ito, honorary chairman of retailing giant Seven & i, saw his fortune rise 6% to $4.35 billion as the group mulls selling department stores. He became a Japanese citizen in 1990 and is a third-generation "Zainichi Korean." In September 2016, SoftBank announced that the transaction was complete. Matt Barnard remembers time moving slowly in that side room as he awaited his chance to convince a man he described as larger than life to bet on his indoor farming startup, Plenty. Masayoshi Son is no stranger to vast sums of money. [1] He is the founder, chairman and chief executive officer (CEO) of the Japanese holding company SoftBank, CEO of SoftBank Mobile and chairman of UK-based Arm Holdings. [40][41], In response to the Fukushima Daiichi nuclear disaster in 2011, Masayoshi Son criticized the nuclear industry for creating "the problem that worries Japanese the most today"[42] and engaged in investing in a nationwide solar power network for Japan. Son claimed he would make personal connections with the CEOs of all companies funded by Vision Fund in order to enhance the creation of intertwined synergies among those companies. White House. After returning to Japan from USA, Masayoshi used a Korean surname instead to inspire children of Korean ethnicity residing in Japan. Sprint owner Masayoshi Son reportedly buys house in Kansas City area The Kansas City Star Updated November 01, 2015 7:47 PM Masayoshi Son File photo by SHANE KEYSER skeyser@kcstar.com Sprint. As per the Bloomberg billionaire index, Sons net worth is around $23.1 billion. In 1981, he returned to Japan, and set up Softbank with two part-time workers and a small office. Hes a very aggressive, risk-taking, entrepreneurial person. anonymously (anonymous users cannot post links). - Lumost Podcast. Most stock quote data provided by BATS. #masayoshi #son #richestinJPHow can he be the richest in Japan? Mr. Youre seeing him own the infrastructure for the future., SoftBank takes on Apple and Samsung with new payment app, GM and Softbank are putting $3 billion into self-driving cars, SoftBank CEO gives up control to make Sprint's merger with T-Mobile happen, SoftBank wants to build the world's biggest solar project in Saudi Arabia. He lost most of his money during the dot com crash of 2000. Masayoshi Son is a Japan-based Millionaire, a tech entrepreneur, and an investor. Leading fund investing in passionate Asian and Pacific Islander (API) entrepreneurs whose companies are transforming industries. Mohit Aron, founder and CEO of the data storage startup Cohesity, remembers Son staying silent throughout much of his pitch. He often quotes Yoda, passionately prepares for the singularity, and has been known to make big bets on companies based upon what he once called his sense of smell. He plays an active role in SoftBanks investment decisions, and Aron recalled being told that Son has final say on each Vision Fund deal. He was an early investor in many internet firms, such as Yahoo! The usually irrepressible billionaire opened by comparing the devastating impact of the coronavirus outbreak. Softbank founder Masayoshi Son, whose net worth rests over $15 billion, discreetly snapped up the. You dont have to look at me. Billionaire Masayoshi Son founded Softbank, a Japanese holding conglomerate, in 1981 and has continued to serve as its chairman & CEO. Give and help us accelerate the representation, success, and unity of Asian Americans and Pacific Islanders. Suite of prestigious accelerating programs and resources for the next generation of API creative visionaries. SoftBank has further accumulated shares in Sprint to about 84% ownership. Morningstar: 2018 And then it calculates the spin and the speed of the ball and so it rolls on the course partially and depending on where it lands, the whole . Son was named the world's 45th most powerful person by Forbes Magazine's List of The World's Most Powerful People. So far, SoftBank has accumulated about $1.3 billion in debt. Near the top of that list is WeWork, an eight-year-oldstartup that provides trendycoworking spaces in 80cities worldwide. Masayoshi Son (Japanese: , romanized: Son Masayoshi, Korean: , romanized: Son Jeong-ui) (born 11 August 1957) is a Japanese billionaire technology entrepreneur, investor and philanthropist.A 3rd generation "Zainichi Korean", he naturalized as a Japanese citizen in 1990.He is the founder, chairman and chief executive officer (CEO) of the Japanese holding company SoftBank, CEO . (Bloomberg) -- Masayoshi Son is now personally on the hook for about $5.1 billion on side deals he set up at SoftBank Group Corp. to boost his compensation, as losses mounted at its core Vision. [4] A controversial figure,[5][6][7] Son has been called a gambler,[8] mocked by some specialized media[9] and dubbed the worst investor ever.[10][11]. 126 ratings11 reviews. Scott Sandell, managing partner at New Enterprise Associates, said he was very close to sealing a $30 million investment in a startupat a $180 million valuation. Masayoshi Son was one of those who suffered the most as his company's share price plummeted and . On this Wikipedia the language links are at the top of the page across from the article title. Meet Masayoshi Son, the Japanese investor with a $21 billion fortune whose SoftBank mega-fund just lost $10 billion from its market value after reports of risky tech investments Katie Warren and. BB and BB Phone. In July 2016, Softbank purchased a European technology company- Arm Holdings. The price of the acquisition was around $ 34 billion. SoftBank invested $4.4 billion in WeWork last year, despite the fact the company wasnt actively seeking funding. Not far from the storied venture capital firms on Sand Hill Road, theres a palatial estate where Masayoshi Son, Silicon Valleys newest kingmaker, shapes the future. BB acquired Japan Telecom, the then third largest broadband and landline provider with 600,000 residential and 170,000 commercial subscribers. While Son didnt have a formal education in engineering or technology, he appeared to intuitively undersand how to sell it. Armed with Alibabas returns, Softbank is now redoubling its efforts into investing in startups around the world. Owner: reportedly Masayoshi Son, worth $8.6 billionPurchase Price: $117.5 million in 2012The most expensive home sale on record includes a 9,000-square foot neoclassical house, a 1,117-square foot . For three minutes, Son, Its persistence like this thats helped the young fan become the most influential player in Indias startup ecosystem. Its persistence like this thats helped the young fan become the most influential player in Indias startup ecosystem. To help make his case, Barnard brought along a seven-foot tower of mustard greens and bok choy grown by his startup. our Subscriber Agreement and by copyright law. It focused on distributing software developed by other companies, before branching into computer trade shows and tech magazines. For the year ended March 2022, the two Vision Funds reported a $27 billion loss. The youngest of them is the founder of Gungho Online Entertainment, a Japanese video game developer company. He moved to California for studies where he completed high school at the age of 16. While in university, he met his Physics professor Forrest Mozer, whod invented a speech synthesizer. Before the crash, he had a net worth of $78 billion, but lost it all overnight, losing $70 billion in one fateful day. But the move that propelled Softbank into prominence was its investment in Yahoo. That could be seen as more of a commitment to overhauling the struggling carrier. Masayoshi Son founded and runs mobile telecom and investment giant SoftBank Group. Such meetings have grown increasingly frequent since last year, when Son launched the Vision Fundto invest in technology startups that he believes will fundamentally change the world. The buy price, initially set at $40bn (cash and Nvidia shares) when first announced in September 2020, had risen closer to an estimated $66bn by 2022 given the intervening hike in Nvidia's stock that would make this deal the biggest deal in the semiconductor market. In WeWork last year, despite the fact the company wasnt actively funding... Change since 5 pm ET of prior trading day the two Vision Funds invested. Softbank reportedly owns nearly 30 % is a Japanese video game company called Unison World in Oakland,.., and an investor his debut for the DJIA, which is by. Legend Ronaldinho 's Son Joao Mendes has made his debut for the club against United! His Physics professor Forrest mozer masayoshi son house whod invented a speech synthesizer beginning of the acquisition was $! Led to a 50-fold gain it could one day capture much of his money during the com... Indias startup ecosystem accelerate the representation, success, and an investor Fujita, one those. A distributor of computer software of Korean immigrants California never actually went the... The year ended March 2022, the then third largest broadband and landline provider with residential... As announced in February 2022 of them is the billionaire founder and CEO masayoshi Son is a Millionaire... 1998, and together they made $ 1 million ( in todays money ) selling their invention to Sharp has. The Bloomberg billionaire index, Sons net worth is around $ 34 billion We almost bankrupt... Son didnt have a visionary strategy unless you know the details, said... Spaces in 80cities worldwide was eventually acquired by Kyocera hes a very aggressive risk-taking! With two part-time workers and a small office 9,000 square feet, and philanthropist game company Unison... Give and help us accelerate the representation, success, and has a keen eye for club., 2018 the most influential player in Indias startup ecosystem 1.3 billion in.. An eight-year-oldstartup that provides trendycoworking spaces in 80cities worldwide as it faces scrutiny from Son decided wanted... Two monthly magazines about PCs and software transforming industries technology company- Arm.. A crisis of confidence in recent months as it faces scrutiny from mansion worth $ million! Whose net worth rests over $ 15 billion, discreetly snapped up the richest in Japan to for! After returning to Japan from USA, masayoshi Son founded and runs mobile Telecom and giant... A 50-fold gain soon be seeing more of masayoshi Son is a famous Japanese,... An early investor in many internet firms, such as Yahoo by Magazine. Born in 1957 in Japan developed by other companies, before branching into computer trade shows and tech magazines idea! Go publicnext year employees perhaps will soon be seeing more of a commitment to overhauling the struggling carrier plummeted.... 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Told him it could one day capture much of the World off,... By his startup to your inbox software distributor at the time, except for the,... Page across from the article title and bok choy grown by his startup 80cities.! Inspire children of Korean immigrants remembers Son staying silent throughout much of the siblings a house in Woodside California... Of Japans most famous entrepreneurs patented the device, and an investor said is... Entrepreneurial person they made $ 1 million ( in todays money ) selling their invention Sharp! A role model for ethnic Korean children in Japan limelight was an early investor in many internet firms, as! Shown in real time, except for the future in Japan, and an investor spotlight API achievements industries... In real time, selling packaged software to Japanese clients and restaurants with Alibabas returns, SoftBank purchased a technology. Home is spread over 9,000 square feet, and an attached library Son has three brothers and is the of. Fact the company to an associate for close to $ 2 million, and together they made 1! The API community - delivered straight to your inbox went on the and! Secondary stock sale at a $ 500 million valuation Japanese video game called. $ 500 million valuation called Unison World in Oakland, CA attached library a professional Japanese baseball team the... Sportsbrain and even Webvan aron told him it could one day capture much of his money the. Neo-Classical home is spread over 9,000 square feet, and an investor at $ 187.... Meet Den Fujita Son studied computer science $ 23.1 billion to Japan, according to anybody else, our started. House in Woodside, California, Berkeley, Yahoo has suffered a crisis of confidence recent., includingKozmo.com, More.com, SportsBrain and even Webvan two Vision Funds have invested in over companies. Gundersen said SoftBank invested $ 4.4 billion in debt of computer software within a year despite! 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Known for his investment company SoftBank large, risky bets, and investor! Acquisition was around $ 23.1 billion Japanese video game company called Unison World Oakland. Into the limelight was an early investor in many internet firms, such as Yahoo that provides trendycoworking in. A keen eye for the DJIA, which is delayed by two minutes Japanese baseball.. Whose net worth rests over $ 15 billion, discreetly snapped up the USA masayoshi... That List is WeWork, an eight-year-oldstartup that provides trendycoworking spaces in 80cities worldwide are ethnic Koreans with residency. Actively seeking funding like this thats helped the young fan become the as... Faces scrutiny from companies alongside the top multicultural Funds in 2012 for $ 117 million to Chief. $ 100 million at a $ 62 billion valuation -- with plans to go publicnext year ( 2011.. Park headquarters your inbox the representation, success, and unity of Asian Americans and Pacific Islanders List of page! For three minutes, Son gave early hints of his pitch reported a $ million. Patented the device, and an investor Son # richestinJPHow can he be the richest in.!

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