SoftBank’s Masayoshi Son is seen as a maverick. It is precisely this quality that has helped him get through when the times got tough.
The wild swings in SoftBank and Masayoshi Son’s fortunes are back in spotlight in the wake of activist investor Elliott Management’s move to force SoftBank a fresh share buyback. Elliott has built a stake of USD2 billion in SoftBank. In 2020, when SoftBank Vision Fund was in doldrums and the pandemic struck, Elliott, which had then built a USD2.5 billion position, made a similar move. It took full credit when Son eventually initiated a buyback.
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