Stanley Druckenmiller is a billionaire investor, philanthropist, and former hedge fund manager who once worked for George Soros’s Quantum Fund and later his own Duquesne Capital Management. He is estimated to be worth approximately $4.8 billion.^[1]

Druckenmiller is known to be politically active, backing the presidential campaigns of moderate Republicans Chris Christie, Jeb Bush, and John Kasich.^[2] During the 2018 midterm elections, Druckenmiller had donated a total of $152,300 to Republican candidates and none to Democrats.^[3]

Background

A retired hedge-fund manager of 30 years, Stanley Druckenmiller is worth approximately $4.8 billion (as of December 2018).^[4] From 1988 through 2000, Druckenmiller worked with George Soros to oversee the Quantum Fund.^[5] Whilst working for Soros, Druckenmiller says that he was “highly influenced” by Soros’s philanthropy, matching employee giving four to one.^[6] Druckenmiller then went to manage Duquesne Capital Management, where he enjoyed great success, with a 30 percent average annual return and no net financial loss years.^[7] Duquesne Capital Management was divested in 2010.^[8]

Philanthropy

Also see Druckenmiller Foundation (Nonprofit)

Stanley Druckenmiller, along with his wife Fiona, established the Druckenmiller Foundation in 1993.^[9] In 2009, the couple announced a personal donation of $705 million to the Foundation.^[10] According to one profile, “the Chronicle of Philanthropy recognized the Druckenmillers as the most charitable couple in America for 2009.”^[11]

Druckenmiller also credits Paul Tudor Jones of the Robin Hood Foundation, along with Jones’s wife, for steering him towards strategic philanthropy.^[12]

The Druckenmiller Foundation generally funds efforts to fight poverty, promote medical research, and support education. However, the foundation has also supported left-leaning environmentalist causes.^[13]