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CEO of SoftBank Vision Fund doubles his pay

Misra to receive $14.9m despite fund's $17bn loss

Rajeev Misra, CEO of SoftBank Group's Vision Fund, saw his pay more than double in the financial year ended March despite a record loss by the technology fund. (Source photo by Getty Images) 

TOKYO -- The CEO of SoftBank Group's Vision Fund, Rajeev Misra, more than doubled his pay for the year ended March, despite the investment fund having lost $17 billion over the period.

Misra, who is also a member of SoftBank's board, will receive 1.6 billion yen ($14.9 million) in pay and benefits, the Japanese technology group said in a notice to shareholders on Friday. That is more than double the 752 million yen he received the previous year.

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