Business | Schumpeter

Masayoshi Son goes on a $100bn shopping spree

The risk for one of Japan’s greatest tech tycoons is his messianic streak

IF YOU want to find a spectacular vision of the future, Silicon Valley is not the only place to look. In Tokyo Masayoshi Son, the boss of SoftBank, a Japanese telecoms group, is starting an investment fund worth $100bn which, he hopes, will make him the Warren Buffett of technology. “Masa” is no stranger to risky bets: SoftBank was an early investor in Alibaba, a Chinese e-commerce company, and has sunk $22bn in Sprint, a struggling American telecoms firm. Now he has been seized by the kind of Utopian fever that would make the Sage of Omaha choke on his Cherry Coke.

This article appeared in the Business section of the print edition under the headline “Sonic boom”

The negotiator

From the April 1st 2017 edition

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