SoftBank's Vision Fund Has Lost a Whopping $27 Billion
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SoftBank CEO and founder Masayoshi Son has used his gift of gab to become one of the most charismatic celebrity investors around. On Thursday, the numbers did the talking for him, as Son was busy eating a fresh slice of humble pie.
Son's brainchild, the SoftBank Vision Fund, a high-profile, high-flying investment arm, which focuses on generating high returns from high tech, has delivered a shocking $27 billion loss.
Source Fool.com