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George SOROS

Primary Position:
Chairman
Primary Company:
Soros Fund Management
Estimated Net Worth:
At least $19.9 billion
Source of Wealth:
Self-Made
Age:
86
Birthday:
12 August 1930
Religion:
Atheist
Nationality:
Hungary
Hometown:
Budapest, Budapest, Hungary
Marital Status:
Married

Biography

Hedge fund Manager and Philanthropist, George Soros was born "Gyorgy Schwartz" in Budapest, Hungary to a non-observant Jewish family. In 1936, the family changed its name to Soros due to increasing anti-Semitism. He appears to have officially changed his name to George Soros. Soros migrated to England in 1947, and earned a Bachelor's degree from the London School of Economics in 1952. Moved to New York City, New York in 1956 and worked as an Arbitrage Trader at F. M. Mayer. In 1959, he was ...

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Education History

Institution Name:
London School of Economics and Political Science
Qualification Name:
Ph.D.
Education Type:
Graduate
Start Date:
 
End Date:
1954
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Interesting Facts

Soros Fund Management reportedly exited J.C. Penney, the Texas-based departmental store chain, by selling more than 19 million shares during the final three months of 2013. It also cut its stake in Herbalife, an American nutritional weight loss and supplement product retailer, from 5 million shares to 3.2 million shares.

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Interests, Passion, Hobbies

Kind of Interests, Passion and Hobbies: Economics
Description: Interested in economics and other social issues.

Kind of Interests, Passion and Hobbies: Finance - Investment
Description: Well-known hedge fund manager.

Kind of Interests, Passion and Hobbies: Politics
Description: Generous political donor. As of 2015, Soros has donated about $7 million to Priorities USA Action, an American independent political action committee supporting Hillary Clinton for the 2016 U.S Presidential election.

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Philanthropy

Giving Profile: Founder and Chairman of The Open Society Foundations, an organization which operates as the parent entity of various private foundations and philanthropic offices including Foundation to Promote Open Society, Open Society Institute, Open Society Fund and Iris Foundation. Soros is Chair Director at the Foundation to Promote Open Society. In 2013, the foundation had more than $3.3 billion in assets and donated more than $390 million; gives primarily to international givings, community development, social and human services, health and education causes. Notable recipients include Namati, Millennium Promise Alliance, New York Community Trust and Media Development Investment Fund. Soros also serves as Trustee Chair at the Open Society Institute. In 2013, the foundation had more than $1.5 billion in assets and donated more than $250 million; gives primarily to social and human services, community development, and educational causes. Soros is also Founder and Director of the Soros Fund Charitable Foundation. In 2013, the foundation had assets exceeding $280 million and donated more than $8 million. The foundation gives primarily to educational, environmental, and religion causes. Since 1979, Soros has given $8 billion to human rights, education and public health groups. Supports diverse causes including clean-needle clinics in California and scientific research in Russia to helping the Roma or Gypsies in Eastern Europe. Soros reportedly gave $30 million to help black and Hispanic youth of New York City, New York. Through his Open Society Foundations, he has contributed $1.7 billion to human rights causes and to help promote democracy. Also appears to have donated $1.6 billion towards education. In 2010, Soros personally donated $100 million to Human Rights Watch and $60 million to Bard College. He reportedly supported the legalization of marijuana in order to promote open society in the U.S. by donating more than $80 million through his foundation since 1994; donated around $4 million annually through the Drug Policy Alliance, a non-profit organization which fights to end drug wars in the U.S. He has also donated to the American Civil Liberties Union and the Marijuana Policy Project, which supported marijuana legalization. In January 2016, Soros pledged to donate $2 million to the University of Connecticut to support its Human Rights Institute. In September 2016, Soros pledged to invest $500 million in startups, established companies, social initiatives and businesses started by refugees and migrants all over the world.

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