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International Business Times UK
International Business Times UK
Niloy Chakrabarti

Stanley Druckenmiller Dumps Alphabet After Boosting Stake 277% Last Quarter — Here's What He's Buying Now

Stanley Druckenmiller has a net worth of $7.8 billion.

Stanley Druckenmiller is known for running his $12 billion Duquesne Capital Management for decades before shutting it down in 2010 for managing money through his family office. He had worked with George Soros until 2000, and they are known for shorting the British Pound in 1992 for massive gains.

Duquesne Family Office currently has nearly $4.5 billion worth of assets under management. The family office has generated an impressive three-year annualised returns of 39.37% on an equal-weighted basis throughout years of market volatility.

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