Reports of George Soros’ death have been greatly exaggerated, after Reuters accidentally published a story stating that the billionaire financier had passed away.
12:15AM BST 19 Apr 2013
The news agency’s website carried a pre-drafted obituary of the wealthy investor, beginning: “George Soros, who died XXX at age XXX, was a predatory and hugely successful financier and investor, who argued paradoxically for years against the same sort of free-wheeling capitalism that made him billions”.
It goes on to describe Mr Soros, 82, as “an enigma, wrapped in intellect, contradiction and money”. The obituary also focuses on his role as a philanthropist , pointing to the “roughly $8bn he has given away through various charitable entities he controls”.
Reuters’ article also highlights Mr Soros’ donations to liberal causes, stating “in a bid to stop Bush’s re-election, Soros donated $23.5m to more than 500 liberal and progressive groups during the 2003-2004 US election cycle”.
Reuters later wrote an clarification, which read: “Reuters erroneously published an advance obituary of financier and philanthropist George Soros. A spokesman for Soros said that the New York-based financier is alive and well. Reuters regrets the error.”
Mr Soros is best known for being the man who “broke the Bank of England” by betting against the pound during 1992 sterling crash.