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AI elite lose $18 billion as chip stock rout spreads to Asia

SoftBank’s Masayoshi Son led 22 tycoons from China, Japan, Taiwan, and South Korea in Friday’s wealth wipeout.

AI elite lose $18 billion as chip stock rout spreads to Asia
SoftBank Group founder Masayoshi Son’s fortune fell by $3.9 billion on Friday, the biggest drop among Asia’s richest people as the tech selloff spread. Image: Bloomberg News
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