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Nadine Freischlad · · 1 min readBrief: Japanese billionaire Taizo Son moves to Singapore, plans $100m for SEA startups
Taizo Son onstage at Tech in Asia’s Startup Asia conference 2014.
- Taizo Son, the younger brother of SoftBank founder Masayoshi Son, has relocated from Tokyo to Singapore and plans to invest US$100 million in Southeast Asian startups.
- Taizo, like his brother, is also a tech billionaire. He made his fortune as the founder of gaming company GungHo.
- He is reportedly moving to Singapore out of frustration with Japan’s strict regulatory environment and outdated education system.
- Among Taizo’s existing investments is Garena – Southeast Asia’s most valuable tech company. He backed Garena through his part-VC, part incubator firm Mistletoe last year.
See: Taizo Son: A paradigm shift in technology has started
Source: Bloomberg
Editing by Judith Balea and Terence Lee
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