Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

George Soros Invested In 11 Fossil Fuel Firms In 2016

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Daily Caller
February 6, 2016

Billionaire George Soros in 2016 invested $238 million in 11 oil and gas companies, according to his federal financial filings, The Daily Caller News Foundation Investigative Group has learned.

The total value of his family-owned Soros Fund Management is estimated at $2.7 billion.  He has 207 stocks in this fund with a high 33 percent turnover.

Soros’ chief investment officer (CIO) — who was fired last year — purchased 116 new stocks, among them oil and gas companies. The fund’s CIO post has seen a high turnover.  Seven individuals have served as the Soros’ CIO since 2000.

He transformed his fund in 2011 into a “family office” that allowed him to avoid certain financial reporting requirements under the Dodd-Frank Act signed into law by President Barack Obama in 2010. Soros also parked his money in an entity called Quantum Group of Funds, which is based in the Cayman Islands.

Read more

This article was posted: Monday, February 6, 2017 at 7:56 am





Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

FEATURED VIDEOS
Linda Sarsour is a Complete Idiot See the rest on the Alex Jones YouTube channel.

Music Video Advocates Torturing “Racist” Trump Supporters See the rest on the Alex Jones YouTube channel.

https://www.youtube.com/embed/z8FknvfSInU https://www.youtube.com/embed/yiGXs2fERDU

© 2017 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.