George Soros is a controversial investor who has gained both notoriety and success by making difficult decisions. He has historically been involved with the decline of major banks and has become a notable political investor.
Despite recent negative remarks about cryptocurrencies, his $26 million family office has revealed that it plans to begin trading in cryptocurrencies. Though this comes as a surprise to many, in some ways it is in line with Soros' track record.
Contrarily, Soros has also spoken of Bitcoin in a positive light in a comment about the uncertainty of some currencies which are effected by dictatorships.
A History of George Soros
George Soros (born György Schwartz) was born in Budapest, Hungary just as it became a Nazi-occupied region. After harrowing times under the Nazi regime, in which Soros hid his Jewish background, he emigrated to the U.K. in 1947. Soros studied economic and philosophy, but began his career at merchant banks in England and in the U.S.
In 1969, he started his first hedge fund - Double Eagle (Later renamed Quantum Fund). Following this success, profits from this fund helped to create Soros Fund Management in 1970.
Bank of England
Soros became infamous for his short sale of $10 million (US) in Pound Sterling, gaining him the nickname, "The Man Who Broke the Bank of England."
George Soros has become well-known in political circles as well, as he donates large sums to American progressive movements and Liberal candidates.