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SoftBank's founder Masayoshi Son misses out on Amazon stake by $30 million

Amazon's market value is now more than $860 billion

Masayoshi Son, CEO of SoftBank
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Masayoshi Son, CEO of SoftBank

Bloomberg
SoftBank Group founder Masayoshi Son, famous for his early investment in China’s top e-commerce company, also had the chance to own a big stake in Amazon.com — but he missed out over $30 million.

Son, speaking at the Milken Institute conference in Tokyo, said he was close to striking a deal to acquire 30 per cent of the US e-commerce pioneer with Chief Executive Officer Jeff Bezos in its early years. Son offered $100 million, but Bezos insisted on $130 million. It’s not that Son thought the stock wasn’t worth it; he just didn’t have the money.

“We were laughing about it

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