Masayoshi Son’s Fortune Drops Nearly $22 Billion Since Losing Asia’s Richest Title

BreakingBusinessMasayoshi Son’s Fortune Drops Nearly $22 Billion Since Losing Asia’s Richest TitleBySiladitya Ray,Forbes Staff. Siladitya Ray is a New Delhi-based Forbes news team reporter.Follow AuthorJun 11, 2026, 08:28am EDTToplineJapanese billionaire Masayoshi Son’s fortune has dropped by more than $20 billion in the past week, forcing him to cede the briefly held title of Asia’s richest person and drop out of the top 25 on the list of the world’s richest people, as shares of his company SoftBank were hit by a major selloff.Masayoshi Son ceded the title of Asia's richest person last week.AFP or licensorsKey FactsSon’s current net worth is $75.3 billion, down nearly 9% over the past 24 hours, as SoftBank’s shares have dropped more than 14% to ¥6,374 ($39.71) from last week's closing price.SoftBank’s shares soared in recent weeks amid optimism over AI, and the bull run put SoftBank, Japan’s most valuable company, ahead of carmaker Toyota.The surge in SoftBank’s shares also helped Son briefly overtake Indian billionaires Mukesh Ambani and Gautam Adani to become the richest person in Asia, with his net worth touching $97 billion.Son's fortune, however, has since dropped by nearly $22 billion and he has fallen in Forbes’ real-time rankings behind both Adani and Ambani.The Japanese billionaire also slipped to Number 26 on the Real-Time Billionaires’ list of the world’s richest on Thursday, behind Julia Koch. if (!window.cnxel) { window.cnxel = {}; window.cnxel.cmd = []; var iframe = document.createElement('iframe'); iframe.style.display = 'none'; iframe.onload = function() { var iframeDoc = iframe.contentWindow.document; var script = iframeDoc.createElement('script'); script.src = '//cd.elements.video/player.js?cid=62cec241-7d09-4462-afc2-f72f8d8ef40a'; script.setAttribute('defer', '1'); script.setAttribute('type', 'text/javascript'); iframeDoc.body.appendChild(script); }; document.head.appendChild(iframe); const preloadResourcesEndpoint = 'https://cds....