The 10 most famous traders of all time in the world

There are several well-known former traders who switched to different professions, such as John Key (who served as the 38th Prime Minister of New Zealand) and Jimmy Wales (the founder of Wikipedia). However, the list is made up of traders who are known as traders. The lives of the world’s most famous traders are full of triumphs and tragedies, some of which have achieved fabulous status in the industry.

This list starts with the legendary traders in history and continues to today’s traders.

1. Jesse Livermore

Jesse Lauriston Livermore (1877-1940) was an American trader who was known for huge gains and losses in the market. He successfully shorted the market crash of 1929, which increased his wealth to 100 million U.S. dollars. However, by 1934, he had lost his money and tragically ended his life in 1940.

2. William Delbert Gann

WD Gann (1878–1955) was a trader who used market forecasting methods based on geometry, astrology and ancient mathematics. His mysterious technical tools include Gann angle and 9 square. In addition to trading, Gann has also written many books and courses.

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3. George Soros

Hungarian-born George Soros (born 1930) is the chairman of Soros Fund Management Company, one of the most successful companies in the history of the hedge fund industry. In 1992, he shorted the British pound worth 10 billion U.S. dollars and made a handsome profit of 1 billion U.S. dollars, thus earning the nickname “Breaker of the Bank of England”.

4. Jim Rogers

James Rogers, Jr. (born 1942) is the chairman of Rogers Holdings. In the early 1970s, he co-founded the Quantum Fund with George Soros, which rose by a staggering 4,200% in 10 years. Rogers is known for his correct bullish forecasts for commodities in the 1990s and books detailing his adventures in the world.

5. Richard Dennis

Richard J. Dennis (born in 1949) is a very successful Chicago commodity trader who has made his mark in the trading world. According to reports, he gained $200 million in wealth through speculation in ten years. Together with partner William Eckhardt, Dennis is the co-creator of the fabulous experiment in the turtle trading.

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6. Paul Tudor Jones

Paul Tudor Jones II (born in 1954) is the founder of Tudor Investments, one of the world’s leading hedge funds. Tudor Jones became notorious after making approximately $100 million in short stocks during the market crash in 1987.

7. John Paulson

John Paulson (born 1955) of the hedge fund Paulson & Co. made billions of dollars in 2007 by using credit default swaps to effectively short the U.S. subprime mortgage market After that, he reached the top of the financial world.

8. Steven Cohen

Steven Cohen (born 1956) founded SAC Capital Advisors, a leading hedge fund focused primarily on stock trading. In 2013, SAC was accused by the US Securities and Exchange Commission of failing to prevent insider trading, and later agreed to pay a fine of $1.2 billion.

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9.David Tepper

David Tepper (born 1957) is the founder of Appaloosa Management, a successful hedge fund. Tepper, an expert on distressed debt investment, has appeared on CNBC many times, and traders have paid close attention to his statement.

10. Nick Leeson

Nicholas Leeson (born 1967) was a famous rogue trader who caused the bankruptcy of Bahrain. Leeson served four years in prison in Singapore, but later became the chief executive of the Irish football club Galway United.

Bottom line

The dramatic and diverse life stories of the world’s most famous traders have become fascinating materials for books and movies. Memories of stock operators, A fictional portrayal of the life of Jesse Livermore is widely regarded as a timeless classic and one of the most important trading books of all time. Cunning businessman (1999) Starring Ivan McGregor, adapted from the story of Nick Leeson and the collapse of the Barings Bank.

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