Stanley Druckenmiller

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Stanley Druckenmiller formerly managed money for George Soros, and now dedicates himself to work full time at Duquesne Capital which he founded in 1981. He is married to Dreyfus Corporation (a Mellon Financial Corporation subsidiary) manager Fiona Biggs, niece of Morgan Stanley former global investment strategist Barton Biggs. In 1985, he became a consultant to Dreyfus and lived in New York City two days each week. He moved there full-time when he was named head of the Dreyfus Fund. He was hired by George Soros in 1988 to replace Victor Niederhoffer at Quantum Fund. With an estimated current net worth of around $1.8 billion, he is ranked by Forbes as the 428-richest person in the world. He was fired by George Soros in 2000 after taking large losses in technology stocks. Since then he concentrated full time on Duquesne Capital, which has had a very successful track record. He is profiled in the book The New Market Wizards by Jack D. Schwager.

Druckenmiller is also chairman of the board of the Harlem Children's Zone a project to help educate the children of Harlem.

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[edit] School

He holds BAs in English and economics from Bowdoin College. He dropped out of a three-year Ph.D. program in economics at the University of Michigan in the middle of the second semester.

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[edit] Further reading

Schwager, Jack D. (1995). The New Market Wizards. 13 pages: Wiley; New Ed edition. ISBN 0471132365.