By Dividendinvestr: Billionaire George Soros, one of the world's most renowned financiers, founded Soros Fund Management in 1969. He is known as "The Man Who Broke the Bank of England" after he made a £10 billion bet against the British pound in 1992. The Bank of England, the U.K. monetary authority, was forced to undervalue its currency and Soros made $1.1 billion from his speculation.
In a twist, the billionaire financier George Soros, who in 1992 was called “the man who broke the Bank of England,” for his multibillion-dollar bet against the British pound, could in 2008 end up helping the ailing British banking s... Read Post
By Insider Monkey: George Soros founded Soros Fund Management in 1969. In 1992, Soros became known as the “Man Who Broke the Bank of England” when he bet big against Bank of England and made $1 billion. Today, Soros makes billions e... Read Post
By Dividendinvestr: George Soros is one of the world's most renowned investors and financiers of all time. He founded his investment firm Soros Fund Management in 1969, which served as advisor to the Quantum Group of Funds. The firm... Read Post