News > SoftBank Vision Fund head’s pay doubled last year despite massive losses

SoftBank Vision Fund head’s pay doubled last year despite massive losses

Firstpost | 02/06/2020 11:14 AM | Click to read full article

SoftBank Vision Fund's head, Rajeev Misra, saw his total pay more than double to 1.6 billion yen ($15 million), even as the fund's underperformance pushed SoftBank to a record $13 billion operating loss. The figure was second only to the COO Marcelo Claure, which rose to 2.1 billion yen. SoftBank's massive annual operating loss was largely due to investments in startups like office sharing firm WeWork and ride-hailing app operator Uber Technologies Inc.