||Soros Fund Management
||12 Aug 1930
|Estimated Net Worth
||At least $19.9 billion
||Southampton, New York, United States
New York, New York, United States
Bedford, New York, United States
||Budapest, Budapest, Hungary
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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, was hired as a Financial Analyst at Wertheim & Company. Joined Arnold & S. Bleichroeder in 1963 and rose to Vice-President. In 1967, the firm created offshore investment fund First Eagle Funds for Soros to manage. In 1969, Soros founded Soros Fund Management, which currently operates all of his future hedge funds. In 1973, left First Eagle Funds and started his own hedge fund, which became known as Quantum Fund, a part of Soros Fund Management. It dealt in international investments in public and private equity, fixed income markets, foreign exchange, commodities, and venture capital funds. It has averaged a 20% annual return and created over $30 billion in profits since its inception, making it one of the most successful hedge funds ever. When Soros retired in 2011, Soros Fund Management converted into a family office and ceased managing outside money, which comprised less than $1 billion of its $26 billion of assets. Since 1979, Soros has donated large sums to charitable causes. Soros is married to Tamiko Bolton. The couple appears to reside in New York.
|London School of Economics and Political Science
|London School of Economics and Political Science
Interests, Passion, Hobbies
||High-profile philanthropist has donated more than $8 billion to charitable causes around the world.
||Interested in economics and other social issues.
||Has written 14 non-fiction books.
|Business – Management
||Chairman of Soros Fund Management.
||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.
||Supports human rights and has a liberal ideology. Supported the anti-communism revolutions in Eastern Europe, including the one in Hungary. Soros organized a fundraiser at his Florida home to support the Innocence Project, a public policy organization to release wrongfully convicted individuals and to reform the criminal justice system to prevent future injustice.
||Soros is an avid art collector. Was examining the Hamptons 2005 art show and was impressed by Domingo Zapata’s art works; bought one of his Polo Series works.
|Finance – Investment
||Well-known hedge fund manager.
||Interested in philosophy with many ideas borrowed from philosopher Karl Popper. Before graduating from the London School of Economics with a degree in Philosophy in 1952, Soros studied Karl Popper’s work in the philosophy of science.
|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.
Total known associates: 90. Total known associates net worth: $133.2 billion. To view details, sign up for Wealth-X Professional or Contact Us.
||Andrea E. Soros Colombel
||Listed her home in Greenwich Village, New York for sale at a reported $24.5 million in 2014. Unclear if the property was sold.
||Brazilian soap opera actress who dated Soros between 2005 and 2010.
||He was a Hungarian lawyer. Passed away in 1968.
||Gregory James Soros
||Son with Susan Soros. Listed his home in Manhattan, New York for sale at a reported $12 million in 2013. Unclear if the house was sold.
||Jonathan Allan Soros
||Reportedly sold a town house in the West Village, New York, for $5.25 million in 2006. Media said that Jonathan Soros has stepped down from his management position in Soros Fund Management and was planning to open his own family office.
||Alexander G. Soros
||Earned his Bachelor’s degree from New York University. Pursued his Ph.D. at the University of California, Berkeley. Is the Founder of the Alexander Soros Foundation.
||Robert Daniel Soros
||Serves as a Director of the Soros Economic Development Fund.
||Second wife; divorced in 2005. Was paid $24 million in the divorce settlement.
||Soros’ first wife, divorced in 1983.
||Yoga instructor and entrepreneur. Is a graduate of the University of Utah and has an MBA from the University of Miami. Runs an on-line yoga courses provider. Was previously married in the 1990s. Bolton met Soros in 2008, and married in September 2013.
||Registered Democrat supports Democratic groups like the Majority Political Action Committee (PAC), which protects and expands the Democratic majority in the U.S. Senate; House Majority Political Action Committee (PAC), a super political action committee dedicated to electing Democrats to the House of Representatives, Priorities USA Action; and American Bridge 21st Century, a progressive research and communications organization committed to holding Republicans accountable for their words and actions. According to reports, Soros’ lifetime giving exceeds $20 million. Reportedly gave around $1.3 million for various election campaigns in general. Soros reportedly contributed more than $27 million to various organizations which opposed President Bush’s re-election in 2004. In 2005, Soros co-founded the Democracy Alliance, an invitation-only private membership network of major progressive and Democratic donors. In December 2013, Soros donated around $25,000 to Arlington, Virginia-based super-political action committee Ready for Hillary to encourage the former U.S. Secretary of State, Hillary Clinton, to contest for the 2016 presidential elections. In March 2015, Soros reportedly contributed more than $9 million to U.S.-based non-profit organization State Innovation Exchange (SIX) to create a network that will dispense funds to grassroots liberal campaigns. In October 2015, he donated $250,000 to the Louisiana Safety & Justice PAC, a super PAC benefiting retired appellate judge James E. Stewart, who was vying for the role of District Attorney of Caddo, Oklahoma.