The Man Who Broke the Bank of England

In 1992 correctly anticipating the weak state of the British pound he opened a short position against it and was able to make a $1 billion profit on the day that later became known as Black Wednesday. According to the Forbes website, George Soros wealth is now 6.7 billion dollars.

This event cemented his reputation as a shrewd investor and earned him the nickname “the man who broke the Bank of England.” Today, according to Forbes, George Soros’ net worth stands at an
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