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SoftBank's Son adds $4 bn to wealth on Arm's 190% rally: Report
short by Mansi Agarwal / on Tuesday, 13 February, 2024
SoftBank Founder Masayoshi Son's net worth rose by nearly $4 billion to $15.1 billion on Tuesday, Bloomberg reported. This comes after the stock price of chip designer Arm Holdings, which is majority-owned by SoftBank, jumped 29% to $148.9 on Monday. The stock has risen over 190% since its IPO in September last year where it debuted at $51 per share.
read more at Moneycontrol