George Soros has been credited by the magazine Forbes as the twenty-ninth richest person in the world with a net worth estimated at $ 11 billion.

On September 16, 1992 (Black Wednesday), Soros became famous by selling short more than $ 10 billion sterling, taking advantage of the reluctance on the part of the Bank of England is to increase their interest rates to levels comparable with those of other countries (the European Monetary System) is leaving the exchange rate of the floating currency.

In the end, the Bank of England was forced to put out their own money by EMS and devalue the pound sterling, and Soros in the process earned an estimated $ 1.1 billion. From that moment it was known as "the man who destroyed the Bank of England."

The Times, Monday, October 26, 1992, reported the comment of Soros: "Our exposure during the Black Wednesday had to be nearly $ 10 billion. We had expected a greater gain. In fact, when Norman Lamont said just before the devaluation that he would need a loan close to $ 15 billion to defend sterling, we were happy because it was roughly the amount that we wanted to sell. "

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