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His entire net worth can be accounted for with Softbank's investment of $20m in Alibaba in 1999. That's now worth ~$110B... and he has a 21% stake in softbank.
by rgbrenner 7y ago
His entire net worth can be accounted for with Softbank's investment of $20m in Alibaba in 1999. That's now worth ~$110B... and he has a 21% stake in softbank.
Remove that.. and he's at 0 or even negative. Is that luck or skill?
- perl4ever 7y agoReminds me of Bill Ackman and General Growth Properties.
- Nadge 7y agoIn what way, please? I only know about Ackman through his Don Quixote-esque battle with Herbalife. What happened with GGP?
- perl4ever 7y agoI only had the general impression in passing that GGP was his big success that gave him the resources to engage the more recent nonsense. I first heard of him in connection with Valeant more than Herbalife. It's like, maybe the order in which you have your life experiences is everything.