The collapse

The fall in the shares of the “Softbank” group over two days wiped out $ 2.5 billion in the wealth of its founder, Masyoshi Son, as its investments were influenced by the Bank of Japan, which was expected to be interest rates at an earlier time. The shares fell 6.7% in the morning trading in Tokyo. In two days, the technology giant fell by 13%. But even after this last decline, the wealth of Sun has increased by about $ 3 billion since the beginning of 2024 and until now, it has been added to its total wealth of $ 11.3 billion, according to the Bloomberg index for billionaires. Japanese relapse is one of the most affected by the fast setbacks in the shares of Japanese companies. The ‘Softbank’ group, based in Tokyo, was one of the largest technology investors in the world, and its shares rose by 46% until the end of July. The group has the largest percentage of the shares of “poor Holdings” specializing in the disk industry, whose shares have increased this year against the background of expectations to improve its profits amid the obsession of investors with artificial intelligence. However, the “poor” shares fell 16% on Thursday, Thursday, after the hope of investors was disappointed by emphasizing their current annual sales expectations. On Friday morning, the Japanese shares have been in the largest since 2020, due to the consequences arising from the tightening of the monetary policy that harmed one of the best markets in the world. International investments for “SoftBank” international investments for the “SoftBank” group became in danger and the strength of the yen has increased. The Japanese currency rose to the highest level in four months on Thursday after the Bank of the Bank of Japan intensified its monetary policy, as announced earlier this week. It is noteworthy that 66 -year -old Masayoshi boys make the biggest contributor to ‘Soft Bank’, which is estimated at about $ 78 billion, but a large part of his share depends as a guarantee of loans with different financial institutions.