Masayoshi Son loses his title as Asia's richest man, with his personal net worth shrinking by $13.2 billion in a single day

Golden Ten Data reported on June 4 that, according to today’s Forbes Real-Time Billionaires List, SoftBank Group founder and CEO Masayoshi Son saw his personal fortune shrink by 13% in a single day, with his net worth plunging by $13.2 billion, dropping to $87.1 billion and sliding below Indian billionaires Ambani and Adani. Meanwhile, SoftBank Group's (SBG) stock price has fallen by more than 17% over the past three days, last trading at 7,414 yen, with a total market capitalization of approximately 42.35 trillion yen. It has been surpassed by storage giant Kioxia, losing its position as Japan’s most valuable listed company.