Maybe you missed the news, but last month disappeared the infamous Bernie Madoff, who died in prison, aged 82.
That was the perfect occasion for us to run our top 10 of the most famous financiers in history, with much better examples to follow inside! There are books about them, there are movies about them, meet our top 10.
From the pioneer Jesse Livermore and Richard “The Turtle” Dennis to the recordman Andy Krieger and The Godfather Jean-Paul Getty, AdelTrade invites you to a little tour through these characters who marked the history of trading.
1. Jesse Livermore: The Pioneer 👴
A pioneer and a survivor who built a $100 million fortune during the 1929 market crash, then lost everything and took his own life in 1940.
2. WD Gann: The Professor 🧑🏫
Employing mysterious technical tools like Gann angles and the Square of 9, Gann was known for its unusual forecasting methods based on astrology and geometry.
3. Nick Leeson: The President ⚽
Before becoming the CEO of Galway United football club, Leeson famously caused the collapse of the Barings.
4. Andy Krieger: The Recordman 🏆
Krieger became a legend in the aftermath of the 1987 Black Monday, making $300 million in a single day by shorting the New Zealand dollar.
5. David Tepper: The Animal 🐂
Specialist in distressed debt investing, the founder of famous hedge fund Appaloosa keeps a pair of brass testicles in a prominent spot on his desk. For luck.
6. Jean-Paul Getty: The Godfather 🤵
Although he made at 23 his first million in the oil business, the godfather of trading became the richest man in the world after the 1929 crash.
7. George Soros: The Breaker 🔨
“The Man Who Broke the Bank of England” became famous with his 1992 short sale of $10 billion worth of pounds, yielding a tidy $1 billion profit.
8. Richard Dennis: The Turtle 🐢
Millionaire at 26, Dennis once turned a $400 trading account into $200 million in 10 years. Slow but efficient for the creator of the famous Turtles.
9. John Paulson: The Clever Guy 🕵
In 2007, Paulson used credit default swaps to sell short the US subprime mortgage lending market effectively. Smart.
10. Bernie Madoff: The Scammer 🚔
For running the largest Ponzi scheme in history, Madoff was sentenced in 2009 to 150 years in prison. Not so much a legend than the biggest scammer of history.
Will you be the next trading legend? Why won’t you start by becoming our next AdelTrade champion? We have an ongoing competition running till the 31st of May, but you can still download our app and follow us on social media to not miss the next cash prize contest we will organize.