George Soros bet wrong AGAIN! First, he put his money, and lots of it, behind Hitlery Clinton’s run for president. She got killed!

Then, he bet big on the market tanking should Trump win the election. Again, he lost his ass, a billion dollars, according to The Wall Street Journal via Business Insider.

Hedge fund legend George Soros lost a lot of money after the election of Donald Trump, according to a new report from The Wall Street Journal.

Trending: The Swamp, the cause of America’s current misery, and how we got here

The Journal’s Gregory Zuckerman and Juliet Chung cited people familiar with Soros’ trading who said the billionaire became bearish after Trump’s the victory, and those bets seem to have come back to bite him.

take our poll - story continues below

Do you believe there was foul play involved in the alleged Jeffrey Epstein suicide?

  • Do you believe there was foul play involved in the alleged Jeffrey Epstein suicide?  

  • This field is for validation purposes and should be left unchanged.
Completing this poll grants you access to Powdered Wig Society updates free of charge. You may opt out at anytime. You also agree to this site's Privacy Policy and Terms of Use.

However, Soros’ larger fund, Soros Fund Management, gained 5% over the year, according to the Journal.

Soros supported Trump’s opponent, Hillary Clinton, and contributed millions to super PACsbacking her campaign, so it may come as no surprise that he was skeptical of the market after Trump’s upset victory.

Additionally, most Wall Street analysts believed that a Trump win would sow uncertainty and cause a sell-off.

Since Trump’s election, Soros has criticized him, calling him a “would-be dictator” and warning about what his win could mean for the long-term health of democracy.

The Dow Jones industrial average is up nearly 10% since Election Day, and all three major US stock indexes have set all-time highs after Trump’s win.