George Soros climbs Forbes list of richest Americans

George Soros hit the number seven spot on the list of Forbes richest Americans. Forbes announced the list on Wednesday. His previous position was position number 14.

Forbes says he is worth $22 billion this year, up $7.8 billion from last year. More disclosure about his financial holdings helped Soros climb the list.

In July MINING.com reported that Soros was moving to cash due to baffling market conditions.

Image from George Soros – World Economic Forum Annual Meeting Davos 2010