You're way overstating that. The important part of that article is in the first paragraph:
boosted by a special profit from selling part of its stake in Chinese e-commerce giant Alibaba Group Holding Ltd.
After they sold 11.1B of Alibaba shares[0] (virtually all booked as profit because of when they bought them), they ended the quarter with $10.6B in profits. So excluding that, they actually had a loss of 500m in one quarter.
Softbank owned over $100B in alibaba shares... all derived from a single purchase of $20m of alibaba shares in 1999.
Softbank's market cap is currently $77B. They're worth less than their Alibaba stake.
boosted by a special profit from selling part of its stake in Chinese e-commerce giant Alibaba Group Holding Ltd.
After they sold 11.1B of Alibaba shares[0] (virtually all booked as profit because of when they bought them), they ended the quarter with $10.6B in profits. So excluding that, they actually had a loss of 500m in one quarter.
Softbank owned over $100B in alibaba shares... all derived from a single purchase of $20m of alibaba shares in 1999.
Softbank's market cap is currently $77B. They're worth less than their Alibaba stake.
0. https://www.bloomberg.com/news/articles/2019-06-04/softbank-...