John Arnold: Wall Street's king of natural gas

Billionaire energy trader John Arnold has turned his back on Wall Street to embrace a life of philanthropy.

Twelve years ago when John Arnold was just 26 and at Enron, he was responsible for trading one-third of the American gas market each day. Never implicated in any wrongdoing at the energy giant, he emerged as a chief beneficiary of its collapse in 2001.

Assembling some of the firm's top energy traders, he launched his Centaurus fund, earning the Wall Street moniker "King of Natural Gas" as he made huge returns. Now, aged just 38 and worth $3.5bn, Arnold is retiring: he is closing his fund to focus on philanthropy.

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