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Jan 6, 2022 · Soros managed the Quantum Fund, which achieved an average annual return of 30 percent from 1970 to 2000. He's most famous for a single-day gain of $1 billion on Sept. 16, 1992.
- Anuradha Garg
5 days ago · 92-year-old George Soros has amassed a $6.7 billion fortune and donated scores of money to philanthropic and political causes—and has drawn conspiracy theories in recent years.
- Founder
Jan 24, 2017 · Soros made headlines raking in $1 billion in 24 hours on September 16, 1992, by making a huge bet against the British pound.
- Prashanth Perumal
Double Eagle was renamed Quantum Fund and was the principal firm Soros advised. At its founding, Quantum Fund had $12 million in assets under management, and as of 2011 it had $25 billion, the majority of Soros's overall net worth.
Jan 4, 2024 · How Did George Soros Make His Money? George Soros founded his first hedge fund, Double Eagle, in 1969. With profits from this fund, he started Soros Fund Management, in 1973.
Mar 7, 2024 · On September 16, 1992, a day that shook the financial world, George Soros made a staggering $1 billion in just a few hours. This trade, often hailed as a masterstroke in financial history, didn’t just make headlines — it sparked controversy and debate.
May 30, 2018 · In 2017, while he was ranked as the 29th wealthiest person in the world by Forbes magazine, it emerged that he had transferred $18bn (£13.5bn) or an estimated 80% of his personal wealth into the...