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George Soros
usinfo | 2013-08-15 18:30
Rank: 5
Firm: Soros Fund Management LLC
Earnings: $1.1 billion
At 82, this hedge fund legend is chairman of Soros Fund Management, the $24 billion firm that manages his personal fortune as well as the money belonging to his foundations, which support causes ranging from human rights to education and public health. He is not involved in day-to-day operations, which are overseen by Scott Bessent, Soros Fund Management’s chief investment officer, but Soros remains involved. The firm's recent and successful big bet against the yen was classic Soros. His firm returned the relatively little client money it managed in 2011. His internal team manages the majority of the assets while the rest has been farmed out to other money managers. The firm’s performance trailed the U.S. stock market in 2012, but was firmly in positive territory.
