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George Soros reportedly lost around $1 billion after Trump's election

From businessinsider.com

Hedge fund legend George Soros lost a lot of money following the election of Donald Trump, according to a new report from the Wall Street Journal.According to the Journal's Gregory Zuckerman and Juliet Chung, citing people familiar with Soros' trading, the billionaire became bearish directly after the victory of Trump and those bets seem to have come back to bite him. However, Soros larger fund — Soros Fund Management — gained 5% over the whole year according to the Journal. Soros was a supporter of Trump's opponent Hillary Clinton, contributing millions to super PACs backing her campaign, so it may come as no ... (full story)

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