News for hackers. Stuff that matters.

A comment on SoftBank Group and Saudi Arabia plan to spend $200B building a solar power plant.

Re:SoftBank Group and Saudi Arabia plan to spend $200B build... by venning on Thursday March 29, 2018 @01:04AM (#16704617)
"Son" is mentioned twice in the article with no reference to who that is. Masayoshi Son is the man standing on the left in the photo. According to Wikipedia [1] he is founder and CEO of SoftBank.

[1] https://en.wikipedia.org/wiki/Masayoshi_Son

[ Parent | on HN ]
Re:SoftBank Group and Saudi Arabia plan to spend $200B build... by Cyph0n on Thursday March 29, 2018 @01:22AM (#16704673)
I knew about SoftBank but not its founder. He seems like the Japanese version of Buffett... I also somehow assumed that SoftBank was an older company.
[ Parent | on HN ]
Re:SoftBank Group and Saudi Arabia plan to spend $200B build... by happosai on Thursday March 29, 2018 @04:17AM (#16705411)
Buffet buys companies with pricing power while Son does massive bets with debt. His major skill seems ability to convince banks to borrow him billions for increasingly larger leveraged buyouts.
[ Parent | on HN ]
Re:SoftBank Group and Saudi Arabia plan to spend $200B build... by bitumen on Thursday March 29, 2018 @10:29AM (#16707317)
Didn’t SoftBank just throw a ton of money at Uber?
[ Parent | on HN ]
Re:SoftBank Group and Saudi Arabia plan to spend $200B build... by rak111esh on Thursday March 29, 2018 @02:47AM (#16705037)
He was the richest man on earth pre-dotcom bubble for 3 days.

http://www.financialexpress.com/industry/how-softbanks-masay...

[ Parent | on HN ]
Re:SoftBank Group and Saudi Arabia plan to spend $200B build... by saagarjha on Thursday March 29, 2018 @03:27AM (#16705204)
The Wikipedia page has this interesting piece of trivia about him:

[H]e is the richest man in Japan, despite having the distinction of losing the most money in history (approximately $70bn during the dot com crash of 2000).

[ Parent | on HN ]
Re:SoftBank Group and Saudi Arabia plan to spend $200B build... by adventured on Thursday March 29, 2018 @07:22AM (#16706089)
By a large margin over Masayoshi Son, the richest in Japan title now goes to Tadashi Yanai of Fast Retailing:

https://www.bloomberg.com/billionaires/profiles/tadashi-yana...

After that is Takemitsu Takizaki, of Keyence:

https://www.bloomberg.com/billionaires/profiles/takemitsu-ta...

[ Parent | on HN ]
Re:SoftBank Group and Saudi Arabia plan to spend $200B build... by yelnatz on Thursday March 29, 2018 @03:05AM (#16705104)
"Masayoshi Son’s $100 Billion Bet to Conquer the Future"

Bloomberg did a piece on him last year on the Decrypted podcast.

https://www.bloomberg.com/news/audio/2017-05-30/masayoshi-so...

[ Parent | on HN ]
Re:SoftBank Group and Saudi Arabia plan to spend $200B build... by baxtr on Thursday March 29, 2018 @02:28AM (#16704958)
Interesting indeed. I wouldn’t say he’s like Buffet though. I think he’s more like Richard Branson.
[ Parent | on HN ]