Masayoshi Son’s big wager on artificial intelligence has paid off — propelling the SoftBank Group Corp. founder past Uniqlo billionaire Tadashi Yanai to become Japan’s richest person.
Son’s net worth jumped 248% this year to $55.1 billion on Wednesday, about $23 million larger than Yanai’s, the chairman and biggest shareholder of Uniqlo’s parent company Fast Retailing Co. Yanai has been at the top of the country’s ranking for most of the past decade, and continuously since April 2022, according to the Bloomberg Billionaires Index.
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