By Josh Boak and Tali Arbel, The Associated Press

WASHINGTON — After meeting with Donald Trump on Tuesday, Japanese tech billionaire Masayoshi Son said he will invest $50 billion in the United States and would “commit” to creating 50,000 new jobs over an unspecified time period. Son, who wore a red tie and red sweater under his suit jacket, told reporters his company, a $68 billion telecommunications and tech investment behemoth, would create jobs by investing in startup companies in the United States. Trump quickly took credit for Son’s commitment on Tuesday, writing on Twitter: “Masa said he would never do this had we (Trump) not won the election!”

“I just came to celebrate his new job,” Son said. The investment, announced jointly by Trump and Son in the lobby of Trump Tower in Manhattan, would come from the $100 billion investment fund the head of SoftBank is setting up with Saudi Arabia’s sovereign-wealth fund and other potential partners, according to the Wall Street Journal.
After a meeting with President-elect of the United States Donald Trump, Masayoshi Son of SoftBank Group pledges to invest $50 billion in the United States and create 50,000 jobs.