George Soros is an 80-year-old Hungarian-American hedge fund manager who became known as "the Man Who Broke the Bank of England" after he made $1 billion in 1992. Soros graduated from the London School of Economics in 1952. After graduation, he started his career in the London merchant bank of Singer & Friedlander. In 1956 he moved to New York City and his career took off. He earned large profits from investments and currency speculation. According to Forbes, he is ranked 35th on the list of the world?s richest people, with an estimated net worth of $14.2 billion.
Soros returned an average of 30.5% per year between 1969 and 2000. In 2007, Soros came back from retirement after the quant liquidity crunch and managed to generate a 32% return for the year. Soros even managed to return 8% in 2008, the worst year for most hedge funds. Soros also returned
Complete Story »
Melissa Rycroft Chloë Sevigny Janet Jackson Georgianna Robertson Reese Witherspoon
No comments:
Post a Comment