The world has continued to evolve over the years, and there are many opportunities to make money, stack up wealth and even be among the world’s elites. There are loads of other options through which you can earn money. However, one of the quickest and most remarkable ways of making money is through forex trading.

Irrespective of what you may have heard about forex trading, one thing that you should know is that it pays, and once you have the suitable models to work with coupled with a reliable broker, then the sky could be the limit. But you should also do some research by yourself. For example, with the help of this review of Plus500, you can find out what are the deposit bonuses.

Top 10 Big Forex Traders

• George Soros (Net Worth: $8 Billion): George Soros is the wealthiest forex trader. While there is no doubt that he has his competition, the Hungarian billionaire had stood the test of time right from when he made his hefty $1 billion. Soros has been in forex trading right in the early to mid-1970s and was learning different models to make it in the world, and well, he hit the jackpot in 1992. 

 

On the famous black Wednesday of the UK pound, Soros used his model to make outstanding trade that landed him a billionaire, and since then, there has been no stopping the man. 

 

• Joe Lewis (Net Worth: $5 Billion): Joe Lewis and George Soros were partners during the 1992 black Wednesday crisis, and he also hit the big break just as well. He got up to $1.8 billion that day, higher than the $1 billion Soros got. However, it is essential to note that Lewis’s story wasn’t all rosy before the hit. He had to sell his family business and risked all on trading. Hence he had luck and a profound understanding of the market to hit the jackpot.

 

• Paul Tudor Jones (Net Worth: ~ $5 Billion): Jones is a prominent trader and one of the top investors who use worldwide currency value volatility to make money. At an estimated $5 billion, Jones knows his onions pretty well. 

 

He runs an investment company that focuses sales on forex trading, and his fortune has only continued to increase over time. Jones’s first big break came after ten years since his graduation from the University of Virginia. In 1987, the financial market crashed, and Jones made a short option to earn over $100 million. 

 

• Stanley Druckenmiller (Net Worth: $2 Billion): Stanley has close ties with Soros, and as expected, once you are a partner or working with Soros, there is a high tendency to not be so far from a successful breakthrough, and that was precisely Stanley’s case. Stanley was the lead portfolio manager for Soros at Quantum Fund. He also managed the latter cash, thanks to his high economic expertise. Stanley runs his firm currently which is known as Duquesne Capital Management.

 

• Bill Lipschutz(Net Worth: $2 Billion): Lipshutz is one of the biggest gainers in crypto trading and started trading with the Salomon Brother as far back as the eighties, where he gained multiple millions of dollars. 

 

Lipshutz began to show interest in crypto while in college, and he invested his inheritance of $12,000. The move has made him one of the wealthiest traders today.

 

• Jabulani Ngcobo (Net Worth: $1.4 billion): A self-made billionaire, Ngcobo is one of the wealthiest forex traders and is wholly a self-made billionaire. He is the richest in Africa, and the CashFlow Naked’s Author still has a lot in the tank. There’s no way this list can be complete without mentioning him. 

 

• Ref Wayne (Net Worth:$500 million): Wayne is one of Africa’s money bags, and it is all forex trading for him. After dropping out of school, he started trading as a teenager and excelled well in the volatile world. By 19, Wayne was already one of the biggest traders in South Africa and was raking in millions. He is currently worth $500 million and is an influential figure in Africa.

 

 

• George Van Der Riet (Net Worth: $20 million): South Africa does have big fishes in the Forex World, and George is one of them. Born in Cape Town, the Trade expert furthered his education in Manchester and studied finances. He worked in Banks and several Forex industries and gained needful experience for a successful trade. 

 

• Martin Schwartz (Net Worth $12.7 million): Schwartz is known for many things concerning forex trading, and this includes his win in the 1984 US investing Championship due to his gains trading stocks, forex, and a series of popular options. He was also a significant trader on American Stock options, and he was able to make up to $600,000 in his first year. He made over $1.2 million as an independent exchange trader. 

 

• Alexander Elder (Net Worth: $12 million): Elder is another big name in the industry and has published several books on forex trading following his success in the market. He spends a lot of time improving his assets through trade by using proven models. 

Conclusion

This article has considered some of the biggest names in forex trading and their Net Worth. There is no doubt that the characters in this list could make as much as they did because of a high level of consistency and deep understanding of the crypto market. However, achieving their feat is not impossible, and you can get one of the big breaks by learning the trade properly.