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SoftBank

Masayoshi Son owes $4.7bn to SoftBank following tech rout

Market crash also wipes out value of Japanese founder's stake in second Vision Fund

Masayoshi Son's liabilities to his own company have emerged as SoftBank shareholders have questioned its decision to sharply accelerate the pace of share buybacks.

LONDON/TOKYO (Financial Times) --Masayoshi Son personally owes SoftBank close to $5bn because of growing losses on the Japanese conglomerate's technology bets, which have also rendered the value of his stake in the group's second Vision Fund worthless.

The billionaire's ballooning personal liabilities, discovered through a Financial Times analysis of SoftBank's recent filings, comes as the world's biggest tech investor was hammered by plunging tech stocks and valuations in private companies over the past year.

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