Billionaire financier George Soros told CNBC he disagrees with plans to create a new government entity to buy up troubled bank loans.
The movers and shakers at Davos don't travel cheap. But just one day after the news Citi has a fancy new elite private jet on the way, a billionaire investor travels commercial.
Billionaire investor Carl Icahn reported that he had increased his stake in Motorola to 144.1 million shares from 115.6 million shares the prior quarter. Meanwhile, George Soros raised his stake in Wall Street firm Lehman Brothers to 9.5 million shares.
The phenomenal rise in oil prices show signs of a bubble, but a crash is not imminent, billionaire hedge fund manager George Soros told U.S. lawmakers on Tuesday.
The euro cannot replace the dollar as the world's main reserve currency, and a system of two reserve currencies would be unstable, billionaire investor George Soros said on Thursday.
Last year's best hedge fund managers reaped astounding profits.
Billionaire investor George Soros has bought 3 percent of Reliance Entertainment for $100 million, a spokesman for the Indian company said, the latest sign of increasing investor interest in Indian entertainment firms.
XM Satellite Chairman Gary Parsons told CNBC he is hopeful about federal regulatory approval for the company's proposed merger with Sirius Satellite Radio.
Billionaire investor George Soros forecast on Monday that the U.S. economy is "on the verge of a very serious economic correction" after decades of overspending.
Billionaire investor George Soros reported Tuesday that he had more than doubled his stake in Microsoft Corp.'s common stock to 415,497 shares as of March 31 from a previously disclosed stake of 198,075 shares.