Forex is the largest financial market in the world. You would probably know a few things about this fascinating field, where people trade their preferred currencies on an intraday and swing basis. You may be thrilled to know that around 5 trillion dollars worth of transactions takes place daily on forex. Its dynamic nature and plenty of opportunities attract traders worldwide to jump into this ocean of currencies.

Well, we have got you. This article has written the success story of top billionaire traders worldwide like George Soros, Carl Icahn, Ray Dalio, David Tepper, and James Simons. It would give you an idea of becoming a professional trader, what mistakes to avoid, and what thoughts to keep in mind.

Billionaire traders are the richest traders in the world who earned from trade assets more than 1.000.000.000 dollars. The most famous billionaire traders are George Soros, Carl Icahn, Ray Dalio, David Tepper, James Simons.

The Richest and most famous active traders in the World list are:

• George Soros (8.3 billion dollars)
• Paul Tudor Jones II (5.3 billion dollars)
• John Paulson (4.2 billion dollars)
• Andreas Halvorsen (3.7 billion dollars)
• Bill Ackman (1.6 billion dollars)

Investors and active traders are different notions because investors are looking for a larger return over an extended period through buying and holding. Active traders take advantage of rising and falling markets to enter and exit positions over a shorter timeframe, taking smaller, more frequent profits.

The Richest Traders

The top 15 richest stock traders in the US in 2021. are:

1. Warren Buffett $96b
2. Jim Simons $29.4b
3. Ray Dalio $16.9b
4. Carl Icahn $16.1b
5. David Tepper $15.2b
6. Ken Griffin $15b
7. Steve Cohen 14.6b
8. George Soros 8.6b
9. Israel Englander 7.2b
10. David Shaw 6.5b
11. David Siegel 6.5b
12. Chase Coleman III 6.9b
13. Paul Tudor Jones II 5.8b
14. Bruce Kovner 5.3b
15. Stanley Druckenmiller 4.4b

Please see the video of how the fortune of the richest forex traders grows during the years:

This video above shows George Soros’s net worth overtime in the last 10 years.

Top 5 Famous Billionaire Traders in the World

1. George Soros

“If investing is entertaining,

if you are having fun,

you’re probably not making money. Good investing is boring.”

The richest active trader globally is George Soros which fortune is 8.3 billion dollars ($ 8.300.000.000). Warren Buffet You can read the biography of how did George Soros make his fortune.

George Soros is the first billionaire trader on our list. Regardless of being new or experienced, everyone would have heard about George Soros being the most versatile and richest trader globally and how he broke the Bank of England. But what’s the aftermath? Let us shade light onto it.

George Soros used to be a famous hedge fund manager and managed his clients’ money from 1969 to 2011. His own hedge fund, which he started in 1973, became popular as the Quantum Fund. Though, the event that happened in 1992 changed his life.

He made a bet against the British Pound and created a fortune of $1 billion. After this, he got famous as the man who broke the Bank of England. He also made history for creating such a huge amount in just one day. Fascinating, isn’t it?

He runs his firm and is a founding member of Soros Fund Management, LLC, a hedge fund managing firm. Since its inception, the firm has already generated earnings of $40 billion. They have also started Central and Eastern Europe-focused Open Society Foundations and Quantum Fund, which is said to have a grant of more than $14 billion.

Soros is known to have given its organization the belief to support individuals and organizations worldwide and support the right of equality, freedom of speech, and much more. He also donated $18 billion in 2017 to its foundation to pursue future projects. Soros is also indulged in philanthropy and gives his share to make this world a better place by donating money and sharing wisdom. Traders around the globe widely follow his views and thoughts on investing, trading, and economies.

Though time was not this kind to Soros initially, he was born in a Hungarian family but avoided getting deported; they took shelter in a Nazi Concentration Camp. At the age of 17, he left the nation to fulfill his dreams and goals. He got started as a railway porter and a waiter at a nightclub in the London School of Economics. And from there, his career started paving the way for the future hedge fund tycoon.

His hard work and dedication prove that no matter what your background is, no matter what your past is, if you have the fuel of passion and the willingness to work hard, you can achieve anything you want. It is on you to make your own fortune!

2. Carl Icahn

“The cardinal rule is to have enough capital at the end of the day.”

Carl Icahn is another billionaire trader on our list. There are so many traders on Wall Street, but the question is, how many of them succeed? Well, Carl Icahn surely did. His wisdom and intelligence made him an investment icon so much that his comparison with Warren Buffet is not new. Some even claim him to be better and smarter than Warren Buffet!

Icahn was born in a teacher’s family in New York. His uncle M. Elliot Schnall, with whom he was close, helped buy him a seat at the New York Stock Exchange by giving him a loan worth $ 4,00,000. That is what started the history of this typical New Yorker. 

Icahn bought TWA (Trans World Airlines) in the mid-80s. It was the diciest investment that he had ever taken, as the company filed bankruptcy in 1992, though it came out of it just a year later.

Through Icahn Enterprises, known as Icahn’s holding firm, he invested in diverse international and American companies like Netflix, Apple, Revlon, Motorola, Time Warner, Viacom, etc. His witty and timely investments soon made him a fortune of $17 billion, and he became the richest trader in the world.

Traders get fascinated by Icahn’s trading strategies and how he never feared taking a risk and finding profitable opportunities. His trade always worked out the best for him, like magic. Though one should not underestimate his experience and knowledge in this field for just an illusion called a miracle! It was his hard work and dedication.

Carl Icahn is known to have active and aggressive trading strategies. His active trading often led to changes in his investing positions, but that always increased his stock positions’ value. Just like Soros, Icahn is a philanthropist. He is an economic advisor, too.

He often states a quote to his fellow investors – “Don’t always believe what the market tells you. If you think you’re right, stick to your instinct.”

3. Ray Dalio

“It is far more common for people to allow ego to stand in the way of learning.”

Ray Dalio is another story of success. He grew up on Long Island in a middle-class family and started his market journey when 12. He used to earn money as tips while being a golf caddy. The turning point was that most of these golfers were working on Wall Street, and that’s how he started feeling interested in the realm of the market.

In 1975, he got the degree of MBA from Harvard Business School and launched Bridgewater – his company he started from his two-bedroom house in New York! The company got successful in the 80’s era, and in 2011, it became the largest hedge fund in the world. Bridgewater currently handles assets worth $160 billion. Ray Dalio’s own net worth is $16.9 billion in 2021.

Another interesting story about him is that he predicted the Global Financial Crisis in 2007. He explained the same in his essay “How the Economic Machine Works: A Template for Understanding What Is Happening Now.” In addition to his essay, his book – “Principles” is also trendy among the traders and investors in which he goes into philosophy after his investment moved. He also dwells on his experience of self-analysis and corporate experience.

Ray Dalio forex trading

Ray Dalio often sees that in the forex industry prices rise on bad news and fall on good news. Based on his opinion,  the key question to always ask isn’t what the economic news number will be, but what is really expected. For example, the US GDP number can be better than expected in forex news, but future projections in the GDP statement can be very bad, and because of that USD price will fall after the news.

Many of his principles resonate with the young generation of traders and business people on how they should keep their authenticity, integrity, listen around, and observe the events better at their job. He says that money was never a driving force for him in his book, but it led to his exciting and memorable life.

Ray Dalio believes in sharing his success story with other traders and investors. He has also donated more than $700 million for different philanthropic moves. His Dalio Foundation also provides support to inner-city education, nature conservation, and microfinance.

4. David Tepper

“I think people should be self-reliant. You should work and be self-sufficient. That’s what I did.”

If we are talking about billionaire traders, how can we forget, including David Tepper, aka the world’s greatest hedge fund manager!

He was born in 1957 in Pittsburgh, Pennsylvania. He completed his graduation with Economics honors, after which he initiated jumping into the world of investment. Yes, at quite a young age. His career started as a credit analyst who helped him understand the concept of investment and management. He also learned deeply about the credit structures of troubled companies.

His forte of selecting a distressed company and converting it into a profitable one is what made him so famous. He did the same with bonds, buying bonds from banks on the edge of getting bankrupt around the ’80s. But when those banks sustained the bond market crash, he ended up making a fortune over his thoughtful investments.

In the ’90s, he founded the popular hedge fund company Tepper’s Appaloosa Management, which handles more than $15 billion.

Just like other richest traders in the world, Tepper too is known beyond the world of stocks. He is involved in giving his fair share back to society by activities like donating to schools, universities, academic institutes and sponsoring scholarship programs for students.

5. James Simons

“Past performance is the best predictor of success.”

James Simons is a known and very intriguing figure on the billionaire traders list. We wrote intriguingly as Simons is a hedge fund manager and a mathematician, and a quantitative investor. He is famous for his work on pattern recognition and string theory development. He is also famous as the world’s smartest billionaire.

He was born in Newton, Massachusetts, in 1938. He worked at a garden supply store when he was a teenager. With his determination, hard work, and curiosity to do something, he earned a Ph.D. in Mathematics at 23.

He started a team consisting of professors, engineers, and scientists to fulfill his passion for mathematics and trading by building an algorithm that could predict a change in any financial instrument price. And that is what we can call the foundation of Quantitative Analysis.

Simons has also founded Renaissance Technologies, which earned him the tag of the world’s richest trader. The company is a very famous hedge fund managing firm across the globe.

James Simons has expertise in finding patterns using mathematical models. It has also helped him analyze hedge funds with top mist accuracy. He is truly a talent overachiever. His love and passion for mathematics can be seen in his investment techniques and strategies as well.

His philanthropic work includes donating $2.7 billion for various good causes. His net worth at present is said to be around $20 billion.

Conclusion

“There is no real substitute for common sense except for good luck, which is a perfect substitute for everything.”

The common thing we saw among these top 5 richest traders is their passion and knowledge about this realm. We hope that our list has helped you in getting inspiration and provided you with insightful stories. These billionaire traders are self-made and have made their empire from scratch with their hard work, consistency, and never-give-up attitude.

With the evolution of the financial market, many online platforms are also available now for forex trading. It also makes it easier for common people and small traders to enter the market and hold their position. With the digital era and a plethora of information and research papers available, one can learn how to trade with ease. It also inspires individuals to taste their knowledge of this field.

Whether you are a new trader or an experienced one, the ultimate goal remains the same – to earn a profit. But in the end, doesn’t everyone want to be a millionaire trader? You would like to see yourself as the richest trader in the world at some point in time.

As a trader, you can learn a lot by observing such successful traders and investors. Their experience, knowledge, and learnings are vital and fascinating. They teach us that money can not be made overnight; you work hard over the years. An overnight success, too, would miracle after years of dedicating your life to your goals. We hope that this list would come in handy to you, and you get success on your path to becoming another successful trader. Who knows, the next time, you might be on our list?

Forex Trading in South Africa is prevalent, enabling many young minds to pave their way to success. Many may believe that Forex Trading is a hazardous business as there are chances of losing a huge sum of money in just a matter of seconds. For many, Forex Trading has been a gift being able to make huge profits in a small period. Some are born with the art of multiplying their funds by making Forex Trade, and many have learned through experience. Below mentioned are some of the details of these top FOREX TRADING MENTORS IN SOUTH AFRICA.

Forex Trading Mentors in South Africa are successful traders that decided to share strategies and knowledge with other traders. 

Top Traders and Forex Trading Mentors in South Africa:

SANDILE SHEZI forex trading mentor program:

He started investing in foreign exchange at a very tender age with money received for tuition. To this day, he is the most successful Forex Trader in the country. He used to live in the ghetto and attended school. One day, he decided to take the considerable risk of investing all the money he had in Forex Trading. This investment made him very successful, and slowly he came to be known as one of the most prominent traders in the country.

Sandile Shezi now owns the Global Forex Institute, wherein he trains young minds regarding the forex trading methods. He also runs a foundation known as the Sendile Shezi Foundation, which is very popular in South Africa. This organization is especially working to provide South African people with proper education, health, and wealth.

GEORGE VAN DER REIT:

George was born in the capital, Cape Town, then later decided to do his further studies in Manchester. Here he took Finance as a study and gradually came closer to the trading world. He had worked in a bank and then joined the Forex Industry, where he got enlightened to the trading world. George slowly started making it big in the Forex industry and today is one of the most professional individuals in the industry.

To this day, George leads the Forex industry, and along with other top trading, mentors help young minds in the country learn to trade.

REF WAYNE forex trading mentor program

He is among the most popular names in the Forex trading industry in the country. He has been able to divert his knowledge about trading to form a business and earn huge profits. Ref Wayne had practically no career development opportunities while growing up, which made him focus completely on Forex trading. Slowly this became the main force that drove Ref Wayne to success, and today, he is a multimillionaire. He was a multimillionaire at the age of 22, which is amazing.

Ref Wayne is the first person in South Africa to create a cryptocurrency. The name of this cryptocurrency is Pip Coin, which and is very popular in South Africa.

As we look at Forex trading, which many online entrepreneurs have benefited from, you’ll realize from our today story that it is not just a scam, but a real way of making money online. Forex trading is done worldwide, so if you get a question today of which woman in South Africa could be the riches forex trader, would you answer? Well, that’s what we shall look at entirely in this article.

So, who is the richest Forex Woman In South Africa?

Richest forex woman in South Africa is Nobuhle Catherine Anajemba. Her education is not related to financial markets as she holds a degree in media. However, Nobuhle Catherine Anajemba based on internet websites Nobuhle Catherine Anajemba net wroth is around R100 million in 2018. year.

Breaking the circle prevents hasn’t been such a simple task, but a dedicated person like Nobuhle Catherine Anajemba always makes it through. So, the only question we should be asking now is who is this Nobuhle Catherine Anajemba, and how did she manage to hold “Elite” Status? As online marketing and business are taking root, people seek to make quick money without clearly understanding the effort and struggle involved.

This section brings us back to a well-known 24 years south African Nobuhle Catherine Anajemba accolade with “Elite Status” to surpass the $1 million thresholds in assets. According to the 2018 report, she had a net worth of R100 million. She has been captured as an iconic figure and an inspiration to individuals with dreams of investing in forex trading. However, many of her counterparts fear here because she is too aggressive towards forex trading.

ABOUT NOBUHLE CATHERINE ANAJEMBA

She was having been born for the dusty street. Hence, Emnambithi, Uthukela, KZN, Nobuhle dreamed of a feature where she could make life better and break the circle of poverty that was circumnavigating her family. She is a graduate of Boston City campus with a Diploma in Media, and a hunting job was another work altogether.

So, she traveled to the city to fight for her survival from where she got into what we call “Airtime and eWellat scheme.” The scheme mainly involves creating media accounts and inclusion of sexy and eye appeasing pictures, and videos are included. As men get attracted and seek to establish a long-lasting relationship, they become victims.

By sending some credits which are later turned into cash, the schemers get something to take home. The truth is that schemer never turns up, making it a perfect business. According to Nobuhle, they could get R100 until time changed everything.

HOW DID NOBUHLE CATHERINE ANAJEMBA START FOREX TRADING?

It all started in 2015 when she posted a video of a famous Forex more tired on her social media page; this video still exists here Facebook. Out of the 23000 followers, she inquired about their opinions on Forex trading even though she wasn’t interested. However, here first referral earned her R1000, which was far much better than the R100 she used to get from her previous anonymous business.

It’s the page she used on the olden days that she change into Women in Forex and she had been managing it anonymously because some according to her statement, some guys were still waiting for hook up as promised. However, she says, here, former business saved her from many things. But as she rooted in forex business, she scolded her identity. This person lived in Sandton, and they were sure of earning much until the hope becomes an imagination as the person never paid them as she and Faith, a close friend of her expected.

However, she got some interviews to venture into forex trading, so a friend of hers, known as Owen, trained her about all the tips tricks, ups, and downs of Forex trading. As a dedicated person with a hope to make tomorrow better, she officially ventured into Forex Trading in 2016.

WHAT MADE HER SUCCESSFUL?

Sometimes you don’t need to stay in your comforts zone because you’ll never feel the gap. And this is the step taken by Nobuhle as she joined the Multilevel marketing (MLM) in the year 2018. Having some good leadership qualities, she managed to get Diamond 4 in four days, Diamond 5 in 14 days, Diamond 6 in two months, and Diamond 7 in four months, which is considered a 32-year history and she has held that record up to today.

From this smart dealing, she started farming in an R15.8milliion farm that is rumored she might have paid in cash for the farm situated in Mpumalanga province. Today is known as the “boss lady,” Nobuhle, who is also the founder of Women in Forex Global (WIF), which mentors many young entrepreneurs seeking to make good money through forex trading.

Unlike the in-person training, as many people do suggest, she carries out all her training online, and telegram has become here office from which she meets clients and able-minded entrepreneurs. WIF does more than just forex training; to be more specific, it trains mentors and trains people in Crypto Currencies and Binary Option.

Furthermore, there are other Women in Forex subsidiaries which provides a signal subscription for those forest traders that aren’t making much profit . from her company, many young entrepreneurs that trained under her guidance have thrived and made good money, a clear indication that indeed she is good at what she does.

NOBUHLE CATHERINE ANAJEMBA NET WORTH

It’s not clear today how much she is worth, but as of 2018, she had already worth R100 million. For here, age and struggle, this something amazing and surely, Forex can be a better way of making some great money within a short period. But with her effort and commitment, she broke the circle of poverty, and currently, she is very popular in South Africa. It is clear from her success that poverty and financial instability aren’t a fixed state, and anyone can overcome that situation and make life better.

CONCLUSION

Now when it comes to forex trading, there much more to learn from Nobuhle as she is currently a high profiled Forex trader and knows the ins and outs of Forex. With her motivating and is an inspiring story, many people have been inspired and become successful through training and coaching as she takes advantage of the online platform to teach her customers. So when looking for the richest Forex woman in South America, then stories of Nobuhle success won’t miss in your search result because she appears in several manages and online writings.

One of the most intriguing traders on the planet is George Soros.

In this text, we will see important steps and decisions and how George Soros made his fortune.

How Did George Soros Make His Fortune?
George Soros made his fortune because of many excellent decisions at the right moment, such as the right education, school choice, the right moment to create his own company, cooperation with Stan Druckenmiller, and investing in currency markets the moment when governments make bad decisions.

Step 1: George Soros got survival skills during the War

George Soros’s Jewish father, Tivadar Schwartz, was a prisoner in the first world war, the Russian revolution, and escaped Russia to reach his family in Budapest, Hungary. Soros was born on 12th August 1930 in Budapest. To avoid problems related to their Jewish religion, his father changed their last name from Schwartz to Soros. During the Nazi occupation, Soros experienced the increasing persecution of the Jews. To help people escape from the Hungary Nazi holocaust, he helped his father in forging documents. His family often went into hiding to escape atrocities. This period helped Soros improve his survival skills.

Step 2: George Soros picked the Right School at the right time

Soros joined the London School of Economics in 1947. Karl Popper, the philosopher who propounded the concept of open society opposing dictatorship, was his mentor. Popper influenced the philosophical, philanthropic attitude of Soros, who realized how brutal the dictatorships were. After completing his graduation, Soros got a finance-related job at a bank in London. Soros relocated to the United States in 1956 and started working as an arbitrage trader at F.M. Mayer, a firm in New York. He later worked as an analyst and trader at multiple firms on Wall Street. However, his major career break was in 1967, at Arnold&S. Bleichroeder, where he managed the First Eagle Fund, an offshore fund for the first time. This fund’s success led to the launch in 1969 of the Double-Eagle Fund, his second fund.

Step 3: At the right moment, Soros formed his own company – Quantum fund

In 1973, Soros left his job and formed his own company, Soros Fund Management, with his assistant Jim Rogers’s help. The hedge fund was initially renamed the Soros fund, and in 1978, it was renamed Quantum Fund. Compared to the 47% returns over a ten-year period for the S&P 500 Index, the fund earned investors 4200% returns. Though Jim Rogers left the hedge fund in 1980, in 1981, Quantum Fund’s assets were valued at $381 million, while Soros was worth approximately $100 million. Though his investor profile hailed him as the greatest money manager in the world in 1981, Quantum fund made its first loss that year. It also faced redemptions, which reduced its capital by half. Soros allowed others to manage the hedge fund and took a break. In 1984, he returned to investing full-time. In 1985, the fund generated 122% returns, and in 1986, the assets managed exceeded $1.57 billion.

Soros is not only famous as a forex trader, but he is also one of the richest stock traders in the world.

Step 4: Excellent move to bring Stan Druckenmiller to manage the fund and make growth

Soros recruited Stan Druckenmiller to manage the Quantum fund in 1988. In the next few years, the returns were modest, peaking at 68.8%. However, Druckenmiller and Soros decided to short the British pound in summer 1992, resulting in a $1 billion profit. Similarly, the Swedish krona was also shorted in November 1992, leading to an additional $1 billion profit. The personal fortune of Soros increased by approximately $650 million in 1992. As a result, the assets managed by the Quantum fund increased to $8.3 billion in 1993.

Soros made a fortune investing in currency pairs at the moment when governments made bad decisions (bad forex market intervention or non-intervention). It was something like “sure bet on human stupidity.”

George Soros currency speculation examples:

How George Soros broke the bank of England

On 16 September 1992 was Black Wednesday in the UK currency markets. The problem started at the beginning of the 1990s because of high German interest rates caused by German reunification. Bundesbank tried to counteract inflationary effects, which caused stress across the European Exchange Rate Mechanism (ERM). UK currency market intervention idea: If the exchange rate goes near the permitted price level range around DM 2.773 (€1.4178 at the DM/Euro conversion rate), the UK government will intervene.
George Soros knew that artificial UK intervention is not a good idea, and he decided to build a huge short position in pounds sterling. Soros earned more than $1 billion on this short position against GBP. After this crisis, the British government was forced to withdraw the GBP from the ERM.

George Soros attack baht

Soros made a huge short trade of around $1 billion against the Thai baht during the Asian financial crisis in 1997. His prognostic ability showed that the Thai baht was overvalued, and his position made a huge fortune.

How George Soros Made billions In 2013

In 2013. Soros realized artificial intervention by the Japanese Prime Minister Shinzo Abe. Abe was engaging in extensive monetary easing to jump-start Japan’s stagnant economy. Soros was long the Nikkei, and he made Yen short position. In 2013, George Soros personally earned an estimated $4 billion.

George Soros philanthropy and family office
Soros Fund stopped accepting funds from outside investors and returned approximately $1 billion in client funds in 2011. It also was converted into a family office. The fund earned its investors a total of $43.9 billion, which was only exceeded by the $58.5 billion made by the Bridgewater fund of Ray Dalio. The Soros Fund now mainly exists to provide money to Soros’s charity, the Open Society Foundation. Soros has donated a total of $32 billion to the foundation, contributing $18 billion and appointing Dawn Fitzpatrick as its chief investment officer(CIO). She manages $25 billion of the organization’s assets and aims to make $1 billion annually to fund its activities.

And today…

George Soros is the founder of Soros Fund Management LLC and also its chairman. In April 2020, his net worth was estimated at $8.3 billion. According to Forbes, Soros is ranked 56th among the richest persons in the United States and 162nd globally. Soros is considered one of the greatest speculators in the financial markets globally, and this helps to make a huge amount of money quickly. In 1992, he bet against the British pound and made profits of more than $1 billion, earning the title of the person who “broke” the Bank of England. For 25 years, his Quantum fund gave investors annualized returns of more than 35%. Through his philanthropic activities are acclaimed, his political statements remain controversial. More details on how Soros became a billionaire are discussed.