Gambling Man
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'Extraordinary ... a privileged boardroom-table view of the gilded
age of tech-utopianism' Sunday TimesThe real story behind the
mercurial Masayoshi Son, one of the world's most consequential
investors, who has three times lost and made tens of billions of
dollarsJapan’s Masayoshi Son has made and lost several fortunes,
investing or controlling assets worth $1 trillion in the past two
decades through his media-tech giant, SoftBank. He bankrolled
Alibaba, China’s internet colossus, before the world had heard
about it, plotted with Steve Jobs to turn the iPhone into a wonder
product, and financed hundreds of tech start-ups, fuelling the
biggest boom Silicon Valley has ever seen.This book takes you on
Son’s wild ride, from his birthplace in a Korean slum in post-war
Japan to the modern-day temples of power. It speeds through Donald
Trump’s golden skyscraper in Manhattan, the royal palaces of Riyadh
and the throne rooms of China’s Marxist rulers, all places where
Son has deployed his unique blend of financial engineering and
crazy risk-taking. Son’s story captures a 25 year-span of
hyper-globalisation in which money, technologies and ideas flowed
freely.From the launch of the microchip to the advent of artificial
intelligence, he has ridden the technological wave which has
created extraordinary wealth and economic change. His topsy-turvy
business career is testimony to the power of optimism, daring to
dream, ever in search of the Next Big Thing. As an ethnic Korean in
Japan, Son has overcome adversity and discrimination to become
Japan’s best-known businessman and empire-builder but he remains an
elusive, intensely private figure.This book, by a former editor of
the Financial Times, contains a wealth of new information and has
had the co-operation of many of the key participants, including Son
himself. Written with a verve appropriate to its subject, Gambling
Man reveals the man behind the money, what drives him, why he
matters, and what he plans for his next act.