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Son, CEO of investment giant SoftBank Group, saw his wealth dropped US$1.6 billion from the previous day, the fifth largest decline on the list, according to real-time data by Forbes.
His net worth decreased by 2.9% to $52.9 billion, placing him at 35th globally. SoftBank shares went down 3.2% Wednesday, having fallen 34% year-to-date.
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| Masayoshi Son, Chairman & CEO of SoftBank Group Corp. attends a press conference in Tokyo on June 16, 2026. Photo by The Yomiuri Shimbun via AFP |
Son has increasingly focused SoftBank's investments on AI, including a multibillion-dollar stake in ChatGPT developer OpenAI and participation in the $500 billion Stargate AI infrastructure project in the U.S.
The world’s biggest wealth loser on Wednesday afternoon was Amancio Ortega, the Spanish co-founder of Inditex, known for its Zara fashion chain.
His net worth dipped by $2.9 billion to $146 billion, placing him 12th globally.
Retail giant Walmart hers, Rob and Jim Waltons, along with their sister, Alice, ranked second, third and fourth on the list, each with $2.5-2.6 billion in loss.
