According to Politics For All Ireland, the American financier George Soros, who was behind the plots of the orange revolution in many countries, especially in West Asia, died at the age of 92.
Soros’ cause of death was said to be a heart attack.
ELECTRIC VEHICLE TO MOVE
George Soros, also known as an investment guru, decided to reduce electric car shares in his portfolio. Soros Alphabet, which has a stock portfolio of $5 billion, also divested some of its stakes in Amazon, Salesforce and Intuit.
According to the information provided by Soros’ investment company to the regulator, after a 90 percent drop in Rivian’s shares, Soros reduced his portfolio in this company’s shares. Soros also sold all Tesla shares.
In the first quarter, Soros sold 10.8 million shares of Rivian, according to the statement. As a result, his total stake in Rivian decreased to $55.4 million. Rivian’s remaining 3.6 million shares are 1.1 percent of Soros’ US holdings. Soros’ $5 billion stock fund lost $687 million in the first quarter of this year.
WEALTH OF 8.5 BILLION DOLLARS
The fund also sold all of its Tesla shares worth $16 million. According to the statement, shares of Alphabet, Amazon, Salesforce and Intuit were also sold. The 92-year-old Soros is worth $8.5 billion.
WHO IS GEORGE SOROS?
World famous philanthropist and businessman, George Soros was born in Hungary. Soros is known for speculative investments in the global financial markets and has made huge profits by managing a fund called the Quantum Fund. Also famous for his work in political activism, Soros is the president of the international network called Open Society Foundations. This foundation works and provides support in issues such as democracy, human rights and education.
George Soros played a major role in political affairs and faced criticism and conspiracy theories due to his political and financial activities. However, Soros’ financial success and political influence have made him a recognized figure in the world.
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