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Masayoshi Son now down $4 bn on SoftBank side deals due to market downturn

Masayoshi Son holds 17.25% of a vehicle set up under SoftBank's Vision Fund 2 for its unlisted holdings, as well as 17.25% of a unit within its Latin America fund

Softbank's Masayoshi Son
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Softbank's Masayoshi Son. (Photo: Bloomberg)

Min Jeong Lee and Pei Yi Mak | Bloomberg
Masayoshi Son has now lost more than $4 billion on a series of side deals he set up at SoftBank Group Corp. to boost his compensation, a painful blow triggered by the broad downturn in the technology market. 
 
The Japanese billionaire took the unusual step of establishing personal stakes in a series of SoftBank ventures in recent years, a mixing of company and executive interests that drew the ire of investors. Son holds 17.25% of a vehicle set up under SoftBank’s Vision Fund 2 for its unlisted holdings, as well as 17.25% of a unit within its Latin America fund,