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By James Mackintosh, Investment Editor
Published: September 10 2010 18:37 | Last updated: September 11 2010 00:24
George Soros has been the public face of the hedge fund industry since long before he made $1bn forcing sterling out the European exchange rate mechanism. The total money his Quantum fund has earned for clients, though, has rarely been discussed "“ and is extraordinary.
According to new research, the 80-year-old Mr Soros has produced $32bn for his customers since setting up in 1973, an average of over $900m a year. Put another way, Mr Soros and his team of 300 have made their investors more than the total earnings of Apple, which employs 34,300, or Alcoa, one of America's 30 largest manufacturers.
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