In a summer when many hedge fund managers were preoccupied with
the markets, George Soros was busy making headlines.
In mid-August, the 81-year-old hedge fund legend was slapped
with a $50 million lawsuit by his 28-year-old ex, Adriana
Ferreyr, a Brazilian soap opera actress who claims he reneged
on a promise to buy her an apartment on Manhattan's Upper East
Side. (A lawyer for Soros called the suit "baseless.")
In July, Soros announced he will close his Soros Fund
Management shop to outside investors and run it as a family
office. In early August, he unveiled plans to donate $30
million over three years to New York mayor Michael Bloomberg's
Young Men's Initiative, aimed at helping poor young black and
Latino men in the city.