10 Most Successful Investors in the World

3. George Soros

Investment Firm: Soros Fund Management
Net Worth: $16.5 Billion

George Soros ranks 3rd in our list of most successful investors in the world. He has come a long way from being a Jewish boy in war-torn Hungary, to being an immigrant who put himself through the London School of Economics by doing various jobs, to becoming the man who broke the Bank of England on Black Wednesday in 1992. Soros made more than $1 billion on that day and ensured his place among the financial world’s legends. His later assaults on the Thai and Malaysian currencies led Paul Krugman to issue his famous critique: “Nobody who has read a business magazine in the last few years can be unaware that these days there really are investors who not only move money in anticipation of a currency crisis but actually do their best to trigger that crisis for fun and profit. These new actors on the scene do not yet have a standard name; my proposed term is ‘Soroi’.”

Top Holding: Liberty Broadband Corp (NASDAQ:LBRDK)

The top long position held by George Soros’ family office on June 30 was in Liberty Broadband Corp (NASDAQ:LBRDK), part of the giant Liberty media empire. Soros picked a great time to take a $533 million stake in the company in the second quarter, as shares have gained nearly 10% since the end of that quarter, netting the family office a sizable profit of nearly $50 million on the investment as of now. Liberty Broadband owns about a 20% stake in Charter Communications (which happens to be the next billionaire investor’s top stock pick), as well as full ownership of True Position, whose subsidiary Skyhook is a leader in global precision location. Liberty Broadband has three classes of stock, of which Soros owns the Class C, non-voting shares of. Liberty Broadband Corp (NASDAQ:LBRDK) shares were held by 43 of the money managers tracked by Insider Monkey as of June 30. No wonder it’s on our list of most successful investors in the world, right?