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SoftBank Shares Sink Amid Global Stock Selloff, Masayoshi Son’s Net Worth Slides $13 Billion

Masayoshi Son, the chairman and CEO of global tech investment giant SoftBank Group in Japan, suffered a $13.1 billion wealth wipeout on Wednesday – the biggest net worth drop among all billionaires in Asia, according to Forbes’ Real-Time Billionaires List, amid a global selloff triggered by worries over lofty stock market valuations.

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