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Quantum Endowment Funds: George Soros pockets $5,5 billion in 2013

Quantum Endowment Funds, the "family office" created in 1973 by the American financier George Soros, made a profit of 5,5 billion dollars in 2013. The value of the financier's personal assets is estimated at over 20 billion dollars.

Quantum Endowment Funds: George Soros pockets $5,5 billion in 2013

Quantum Endowment Funds, the "family office" of the American financier George Soros, in 2013 made a profit of 5,5 billion dollars, reaching a value of personal assets equal to 28,6 billion dollars, according to reports the "Financial Times".

This is the best vintage since 2009 and the second in its entire history, as regards the realization of profits.
Georges Seros' family office is also the fund that achieved the best performance last year in terms of net income.

Georges Seros created Quantum Endowment Funt in 1973 together with American investor Jim Rogers.
Over the past ten years or so, the value of the managed portfolio has increased by 4,200%.

The facility is estimated to have made nearly $40 billion in profits over its 41-year existence.

In 2011, Georges Seros was forced to close the doors of the Quantum Endowment Fund to investments outside his family, to bring the latter into compliance with the legislation, effectively transforming the fund into a "family office".

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