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How much has SoftBank lost
Overall, SoftBank posted a net loss of 970.14 billion yen for the fiscal year, narrower than the 1.7 trillion loss in the same period a year before.
How much money has the Vision Fund lost
$32 billion
SoftBank Group Corp.'s Vision Fund unit reported a record annual of $32 billion in the year ended March 2023, compared to a 2.6 trillion yen loss in the corresponding period last year, due to weakness in tech valuations around the globe, even as a recent rally in tech stocks failed to outweigh the losses.
Has the Vision Fund made money
In May 2023, the SoftBank Group disclosed that its Vision Fund lost a record $32 billion in the fiscal year ending in March 2023.
How big is the SoftBank fund
With over $100 billion in capital at its onset, SoftBank's Vision Fund is the world's largest technology-focused venture capital fund.
How SoftBank lost $70 billion
After the dot-com bubble burst, his company Softbank's shares plunged 75 percent in two months and was 93 percent lower by the end of 2000. The business almost went bankrupt and Son ended up losing USD 70 billion, the highest ever recorded financial loss for a person in history.
How much of Alibaba is owned by SoftBank
3.8%
The sales, uncovered through an analysis of the Japanese tech investor's regulatory filings, will reduce SoftBank's stake in Alibaba from almost 15% to just 3.8%, the FT reported.
Why is SoftBank selling Alibaba
The move was “designed to unlock shareholder value and foster market competitiveness,” Alibaba said in a statement. In 2020, Son stepped down from Alibaba's board, shortly after Alibaba co-founder Jack Ma resigned from SoftBank's board.
What is the most expensive fund
American Growth Fund Series One (AMRAX)
No matter how successful this process is, AMRAX's 9.86% TAC earns it the dubious title of “most expensive mutual fund under coverage.” AMRAX's TAC breaks down as follows: Front-End Load – 2.19% Expense Ratio – 7.65%
Did SoftBank lose $5.9 billion in quarter as investments suffer
SoftBank posted a net loss of 783.4 billion yen ($5.9 billion) for the December quarter, far short of analyst estimates for profit of 205.9 billion yen. The key factor was the Vision Fund segment, which lost 660 billion yen on declining valuations for companies in its investment portfolio.
Is SoftBank still profitable
Japanese technology investor SoftBank Group has reported a 3 trillion yen, or $21 billion, profit for the July-September quarter, a sharp reversal from its loss a year ago. Nov. 11, 2022, at 4:43 a.m.
Who invested $20 million in Alibaba
Masayoshi Son
Masayoshi Son is one of the earliest backers of Alibaba
SoftBank was the first major outside investor in Alibaba when it was just a tiny startup based out of an apartment building in Hangzhou, Jack Ma's hometown. Son invested $20 million in the company in 2000 despite Ma's lack of experience in sales or management.
Who lost the most money in history
CEO Elon Musk
Tesla CEO Elon Musk has broken a record for the largest amount of money lost by one person, according to Guinness World Records.
Who is the richest man in the world Alibaba
Jack Ma was once Asia's richest person—but he's lost more than half of his $61 billion fortune in the past 3 years. Alibaba founder Jack Ma, pictured in 2020, has seen his wealth plummet in recent years.
Who is the richest person in China
Zhong Shanshan
Chinese billionaire's sources of wealth
Most of the people listed among the 20 wealthiest Chinese in 2023 had owned their own companies. Zhong Shanshan, who topped the list of richest people in China in 2023, has made his fortune as founder of the beverage company Nongfu Spring.
Why is Alibaba so successful in China
Alibaba charges for services in marketing and technical support, instead of for admission. This contributes to a large and robust market share made up of loyal customers. Alibaba's profits mainly come from advertisements and keyword bidding, which represents 57% of total profits.
Does SoftBank still own Baba
SoftBank Group
SoftBank's Alibaba stake is now worth nearly $57 billion. SoftBank sold part of its stake in 2019, booking over $11 billion in pre-tax profits. Then in July 2020, the company is said to have sold an additional $2.2 billion of its stake in Alibaba.
What funds do rich people invest in
Millionaires have many different investment philosophies. These can include investing in real estate, stock, commodities and hedge funds, among other types of financial investments. Generally, many seek to mitigate risk and therefore prefer diversified investment portfolios.
What is the biggest investment fund in the world
Rankings by Total Assets
| Rank | Profile | Total Assets |
|---|---|---|
| 1. | Federal Reserve System | $8,593,263,000,000 |
| 2. | Industrial & Commercial Bank of China | $5,526,549,753,556 |
| 3. | Bank of Japan | $5,156,691,776,599 |
| 4. | People's Bank of China | $5,144,760,000,000 |
What is SoftBank debt to equity ratio
Compare SFTBY With Other Stocks
| SoftBank Group Debt/Equity Ratio Historical Data | ||
|---|---|---|
| Date | Long Term Debt | Debt to Equity Ratio |
| 2022-06-30 | $283.37B | 3.62 |
| 2022-03-31 | $318.95B | 3.06 |
| 2021-12-31 | $311.49B | 2.76 |
Which billionaire lost 70 billion
But Son's fairytale didn't last long. After the dot-com bubble burst, his company Softbank's shares plunged 75 percent in two months and was 93 percent lower by the end of 2000. The business almost went bankrupt and Son ended up losing USD 70 billion, the highest ever recorded financial loss for a person in history.
Can Alibaba be a trillion dollar company
The value is there, and it's remarkable. Alibaba achieved a GMV of $1.2 trillion in fiscal 2021, doubling Amazon. Yet, Alibaba gets no respect, commanding a market cap of 1/6 of the American retail giants'.
Has anyone ever lost a billion dollars
Sam Bankman-Fried lost his billion-dollar fortune basically overnight. Here are the 5 biggest net-worth losses of modern times. The biggest financial downfalls of modern times.
Why Musk lost $200 billion
While Musk did not lose all his money due to plummeting Tesla shares, it is reported to be one of the reasons why his net worth fell. Tesla shares declined in recent weeks and experienced a massive 11% fall on December 27.
Why is China losing billionaires
Why are millionaires leaving China China's wealthy may be trying to escape regulatory scrutiny by relocating. In mid-2021, President Xi Jinping announced a campaign to support “common prosperity,” targeting the country's high level of income inequality.
Who is the youngest billionaire in China
Wang Zelong
The country is closely followed by China, which has 607 of its own, including the youngest billionaire in all of Asia, Wang Zelong, who is just 25 years old.
