• Credit Cards
    • Balance Transfer
    • Purchase
    • Balance Transfer & Purchase
    • Credit Building
    • Bad Credit
    • Cashback
    • Rewards
    • Foreign Use
    • Money Transfer
  • Loans
    • Car Finance
  • Savings
  • Current Accounts
  • Mortgages
  • Utilities
  • Insurance
    • Life Insurance
  • Investing
  • Money Transfer
    • Send Money Abroad
Sign In
  • Best Buys
  • Household Money
  • Banking & Borrowing
  • Mortgages & Home
  • Saving & Making Money
  • Rights, Scams & Politics
  • Motoring & Travel
  • Investing & Pensions
  • Savings & ISAs
  • Features
  • Compare
  • Credit Cards
    • Balance Transfer
    • Purchase
    • Balance Transfer & Purchase
    • Credit Building
    • Bad Credit
    • Cashback
    • Rewards
    • Foreign Use
    • Money Transfer
  • Loans
    • Car Finance
  • Savings
  • Current Accounts
  • Mortgages
  • Utilities
  • Insurance
    • Life Insurance
  • Investing
  • Money Transfer
    • Send Money Abroad

Billionaires' biggest business blunders ever

Not everything they touch turns to gold
Richard Branson's cola fail
Richard Branson's cola fail
Richard Branson's cola fail
Jeff Bezos' phone fiasco
Jeff Bezos' phone fiasco
Jeff Bezos' phone fiasco
Oprah Winfrey's launch flop
Oprah Winfrey's launch flop
Oprah Winfrey's launch flop
Rupert Murdoch's MySpace misfire
Rupert Murdoch's MySpace misfire
Rupert Murdoch's MySpace misfire
Carlos Slim's CompUSA saga
Carlos Slim's CompUSA saga
Carlos Slim's CompUSA saga
George Soros' Russia gamble
George Soros' Russia gamble
George Soros' Russia gamble
Warren Buffett's wasted opportunity
Warren Buffett's wasted opportunity
Warren Buffett's wasted opportunity
Elon Musk's expensive tweet
Elon Musk's expensive tweet
Elon Musk's expensive tweet
19 of 25
Bryan Bedder/Getty Images

George Soros' Russia gamble

The country's economy came crashing down in 1998, and the Russian government ended up devaluing the ruble and defaulting on its debt. As a result, Soros lost a total of $2 billion ($3.9bn/£3.1bn today). Today, Soros is worth $7.2 billion (£5.8bn), having given away billions to good causes.

Gallery view |
List View

Daniel Coughlin

09 January 2025

Features

See more on this topic

Share the love