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The Man Who Lost the Most Amount of Money in the World Ever - Contrarie
Ever dream of having over $70 billion? How about losing it? Well the man pictured, Masayoshi Son is the man who’s lost more money than any other person in history. Who is Masayoshi Son? He is the founder and chairman/CEO of Softbank, a Japanese telephone company, and recent acquirer of Sprint Nextel Corporation, Softbank also holds significant interest in Yahoo Japan and Alibaba Group. Masayoshi Son started Softbank in 1981 as a publisher of software and media, and thanks to the dotcom boom of the 1990s, which was in transition into an Internet company was worth as much as $180 billion during that time. Masayoshi Son was born in Japan to a Korean immigrant family, and was picked on as a child because of his Korean background in Japan. At one point Son’s idol told him to go study in America, Den Fujita, who is the founder of McDonald’s Japan, encouraged Son to study abroad in the United States, and that is what he did. He moved to California at the age of 16 to learn English, ended up attending a local college, and transferred to the University of California-Berkeley and majored in economics. While being an undergraduate student, he leveraged [...]