In the investment world, very few investors are willing to commit billions of dollars to companies that have yet to turn a profit. Yet this is precisely the philosophy embraced by Masayoshi Son , the founder and Chief Executive Officer of SoftBank Group of Japan. He is well known for his belief that extraordinary returns require extraordinary risks. This strategy has made him one of the world's most successful venture capital investors, while at the same time exposing him to multi-billion-dollar losses whenever his bets fail. Investments That Created Extraordinary Wealth Alibaba Masayoshi Son's most famous investment was undoubtedly Alibaba . In 2000, he invested approximately US$20 million in Alibaba, then a small Chinese company founded by Jack Ma . At the time, many investors doubted Alibaba's potential because the company had yet to establish a clear path to profitability. However, Son believed in the founder's vision. That decision eventually became one of the gr...
There may be many people named Gibran in Indonesia, but only two are widely recognised across the country. The first is Gibran Rakabuming Raka , Indonesia's Vice President. He earned praise from many Indonesians for remaining calm during a controversial episode in which members of Parliament were seen dancing inside the parliamentary chamber. As public anger escalated into street protests and vandalism targeting lawmakers' private property, Gibran Rakabuming Raka was among the few prominent political figures who escaped becoming a target of the unrest. The second is Gibran Huzaifah . Unlike the Vice President, Gibran Huzaifah became well known not only in Indonesia but also within the international investment and startup community. Unfortunately, he is now serving a nine-year prison sentence in Indonesia. How did he become so famous? "Not every scam begins with the intention to deceive. Some begin with a dream of success before gradually evolving into a fraud that become...