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CEO Explainers

SoftBank Founder’s Ambitious Chip Venture Sends Stocks Soaring

SoftBank Group Corp. experienced a notable surge in its stock value following reports that founder Masayoshi Son is contemplating the establishment of a groundbreaking $100 billion chip venture dedicated to the production of AI-enabling semiconductors. Shares of the Tokyo-based tech conglomerate soared by up to 3.2% in response to revelations...
Stats Gate

Wealthiest People in Chile (February 15, 2024)

As of February 15, 2024, Iris Fontbona was the wealthiest person in Chile, with an estimated net worth of 24.5 billion U.S. dollars, followed by Jean Salata (No. 2, $6.5 billion), Horst Paulmann (No. 3, $3.3 billion); and Julio Ponce Lerou  (No. 4, $2.4 billion). Roberto Angelini Rossi is the fifth-richest person in Chile, with...
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