Son is a business magnate and investor who is the founder and current CEO of the Japanese holding conglomerate SoftBank, the CEO of SoftBank Mobile, chairman of U.S.-based Sprint Corporation and chairman of U.K.-based Arm Holdings. He was ranked at number 39 on the Forbes list of The World’s Billionaires 2018, with a net worth of $22.7 billion, despite having the distinction of losing the most money in history – $70 billion during the dot com crash of 2000.
SoftBank’s $93 billion Vision Fund, whose investors include Apple, Qualcomm, Foxconn and Larry Ellison, is a lead player in the launch of the Compass real estate brokerage with an investment of $450 billion. The fund has also made another step into the real estate industry with a $400 million in Opendoor. As a result of the unique nature of Soft Banks venture funding process, Son will be sitting at the table with significant power and influence, regardless of the ultimate success or failure of Opendoor or Compass.