George Soros has handed the reins of his empire to his 37-year-old son, Alex, marking the end of an era on Wall Street.
For decades, Soros’s moves were scrutinized, followed and sometimes even imagined by rival traders.
Soros, who ran the Quantum Fund, one of the most successful hedge funds in history, traded stocks, bonds and currencies all over the world, becoming a pioneering ‘global macro’ investor.
He built a fortune in the 1970 and 1980s making big bets that anticipated economic and political shifts.
Persons:
George Soros, Alex, Soros
Organizations:
Quantum