Reported 2 months ago
SoftBank Group Corp.'s stock decline has resulted in a $2.6 billion reduction in founder Masayoshi Son's fortune,as the company grapples with an early interest rate hike from the Bank of Japan. In just two days, SoftBank shares plummeted about 14%, impacting both Son's wealth and the broader market sentiment, despite his wealth still being higher than at the start of the year.
Source: YAHOO