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

By Sam Nussey TOKYO (Reuters) - (This May 29 story corrects Mizuho borrowing to 912 million, not 1.39 trillion yen, in paragraph 6 and borrowing from the three big Japanese banks to almost 2 trillion yen, not 2.45 trillion yen, in paragraph 7 after SoftBank issues corrected filing.) SoftBank Vision Fund's head, Rajeev Misra, saw his total pay for the past business year 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 remuneration for SoftBank Group Corp Chief Operating Officer Marcelo Claure, which rose 17% to 2.1 billion yen.

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