[threeseed]

And is now worth $23B.

So I would assume he knows a little about business.

[natrik]

I'd argue that assumption, [correlation of: current net worth -> knowledge about business], is flawed logically.

[threeseed]

You do understand how he made that money right ?

Knowledge about business -> Current net worth

[rgbrenner]

His entire net worth can be accounted for with Softbank's investment of $20m in Alibaba in 1999. That's now worth ~$110B... and he has a 21% stake in softbank.

Remove that.. and he's at 0 or even negative. Is that luck or skill?

[perl4ever]

Reminds me of Bill Ackman and General Growth Properties.

[Nadge]

In what way, please? I only know about Ackman through his Don Quixote-esque battle with Herbalife. What happened with GGP?

[perl4ever]

I only had the general impression in passing that GGP was his big success that gave him the resources to engage the more recent nonsense. I first heard of him in connection with Valeant more than Herbalife.

It's like, maybe the order in which you have your life experiences is everything.

[perl4ever]

Well, you can infer that, and people do often infer that from losing a lot of money and then coming back.

But it could be just one-in-a-billion luck.

https://xkcd.com/1827/