A lot of people are reading this article about “The Big House” but they might not know it’s written by David S. Greisman.
Greisman is the author of the new book, “The Billionaire Next Door,” a biography of billionaire George Soros.
In the book, Greisman details how Soros and Soros Fund Management, a $20 billion investment firm, became “one of the world s most successful fund managers” with a $25 billion stake in Amazon, the internet giant.
It was Soros who bought “a stake in General Electric for $500 million,” he writes.
Greiman also details how the pair spent more than $100 billion to create a “world class” hedge fund.
The fund’s total value has skyrocketed since its inception in 2009.
Greismans book is based on interviews with more than 20 former hedge fund managers and investment bankers, and it was written as a book and not a memoir.
It also did not include any of the interviews that preceded it, which were conducted by an assistant.
Greman says he did not get permission from the hedge fund to include interviews with any of his sources, including people who worked for Soros or other billionaire investors.
Greismans memoir is scheduled for release next year.
Greisons book came out in August.
The book was first reported by the Associated Press.
The Associated Press contacted Soros and the hedge funds for comment but did not receive a response in time for publication.
The author says he doesn’t think Soros was averse to writing the book in part because of its impact on the stock market and on the U.S. economy.
“It’s like a very good metaphor, ‘the stock market is going to get a little smaller every day,’ ” Greisman said in an interview with CBS News.
“And I’m hoping the economy doesn’t suffer.”
The book focuses on how the world of hedge funds works, and Greisman says the world is a better place because of the fund’s investments.
Soros and Soros have become the most well-known names in hedge funds, with billions of dollars at stake.
They have more than tripled their wealth, according to Forbes.
They now control $21.4 billion of the total $25.7 billion hedge fund market.SOSOVIANS OWNERSHIPThe firm was founded in 1997, and its shares were valued at $1.2 billion by the end of the year.
The firm has had multiple directors, including David Soros, the nephew of the founder of the Blackstone Group, billionaire investor George Soros, and former Secretary of the Treasury Robert Rubin.