The bankruptcy of Caesars Entertainment Corp. (CEC) has propelled the family of billionaire George Soros to one of the company’s top stakeholders.

Bloomberg reported that Soros Fund Management is now among the 10 biggest shareholders of Caesars as it gobbled 34.5 million shares valued at $436 million as of December 31, 2017, citing regulatory filings on Wednesday.

The reorganization of Caesars, which paved the way for the creation of one unit handling gaming operations and the other a real estate investment trust (REIT), puts Soros’ stake at 4.89 percent, which is just below the 5 percent threshold above which investors must file beneficial ownership paperwork with the Securities and Exchange Commission (SEC).

Soros’ also has a 7 percent stake in Vici Properties Inc., the REIT of the restructured company that owns several Caesars-operated hotels.