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Masayoshi Son owes Softbank almost $5 billion.
You may remember Son from encouraging Adam Neumann to be crazier at WeWork. Anyway it looks like he made some other bad investments, too:
The widening losses in SoftBank’s various investment vehicles have also added billions of dollars to the tab that SoftBank’s founder owes the group in relation to its technology bets. This is because SoftBank fronted Son the money to invest in its technology-related funds, which he is under no obligation to repay for many years.
Masayoshi Son owes $4.7bn to SoftBank following tech rout
[Financial Times]
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