George Soros lost $1 billion in weeks following Trump’s shock win in November
January 12, 2017 at 08:36 AM EST
Billionaire hedge-fund manager George Soros lost nearly $1 billion as a result of the stock-market rally spurred by Donald Trump’s surprise presidential election. But Stanley Druckenmiller, Soros’s former deputy, anticipated the market’s recent climb and racked up sizable gains.