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George Soros Bio, Parents, Wife, Children, Siblings, Net Worth: Born on August 12, 1930, George Soros is a Hungarian-American businessman and philanthropist.
He’s the chair of Soros Fund Management LLC and founder of the Open Society Foundations.
Born in Budapest, Hungary, Soros survived the Nazi occupation of Hungary and moved to the United Kingdom in 1947
He schooled at the London School of Economics where he bagged a Bachelor of Science in philosophy in 1951 and a Master of Science in philosophy in 1954.
After graduating, Soros wanted to work at the university as a professor but his grades were not high enough, hence worked for an investment firm in London.
In 1954, he started working in British and American merchant banks. He worked at Singer & Friedlander of London, F. M. Mayer, Wertheim and Co., and later joined Arnhold and S. Bleichroeder.
In 1969, Soros set up his first hedge fund, Double Eagle and profits made from this fund provided the seed money for Soros Fund Management in 1970.
Later, his first hedge fund, Double Eagle which he founded in 1969 was renamed Quantum Fund and was the principal firm Soros advised.
During the 1992 Black Wednesday UK currency crisis, Soros made a profit of $1 billion as a result of his short sale of US$10 billion worth of pounds sterling.
As a result of making a $1 billion profit during the 1992 Black Wednesday UK currency crisis, he’s known as “The Man Who Broke the Bank of England”.
Based on his early studies of philosophy, Soros later established the General Theory of Reflexivity for capital markets
This firm provided insights into asset bubbles and fundamental/market value of securities, as well as value discrepancies used for shorting and swapping stocks.
Soros supports progressive and liberal political causes. He dispenses donations through the Open Society Foundations.
His extensive funding of political causes has made him a “bugaboo of European nationalists”
Between 1979 and 2011, Soros donated more than $11 billion to various philanthropic causes.
He influenced the fall of communism in Eastern Europe in the late 1980s and early 1990s.
Soros also provided one of Europe’s largest higher education endowments to the Central European University in his Hungarian hometown
George Soros Age
George Soros celebrated his 92nd birthday in August last year (2022). He was born on August 12, 1930, in Budapest, Hungary. Soros will be 93 in August this year (2023).
George Soros Height & Weight
George Soros’s height and weight were not available at the time of this writing.
George Soros Parents
George Soros was born in Budapest, Hungary to his parents; Elizabeth Soros (mother) and Tivadar Soros (father).
His mother operated a successful silk store while his father was a lawyer and a renowned Esperanto author who edited the Esperanto literary magazine, Literatura Mondo.
His father, Tivadar had also been a prisoner of war during and after World War I until he escaped from Russia and rejoined his family in Budapest, the Capital of Hungary.
Elizabeth and Tivadar married in 1924. Initially, their family name was ‘Schwartz’. In 1936, they changed it to ‘Soros’ due to antisemitic (a form of racism) in Hungary.
George Soros Wife
At the time of this writing (Tuesday, May 16, 2023), Soros has been married three times and divorced twice.
His first marriage was to Annaliese Witschak. They tied the knot in 1960 and divorced in 1983. She was an ethnic German immigrant, who had been orphaned during the war.
Following George’s separation from his wife, Annaliese Witschak, he got married to his second wife, Susan Weber in 1983. They divorced in 2005.
In 2008, Soros met Tamiko Bolton and after years of being in a relationship, they finally got married on September 21, 2013.
George Soros Children
George Soros has been blessed with five children; Alexander Soros, Andrea Soros, Gregory Soros, Robert Soros, and Jonathan Soros.
George shares three of his children with his first wife, Annaliese Witschak (m. 1960–1983). They are Robert Soros (born in 1963), Andrea Soros (born in 1965), and Jonathan Soros (born in 1970).
Robert is the founder of the Central European University in Budapest, Andrea is the founder and president of Trace Foundation while Jonathan is a hedge fund manager and political donor and
George shares his other two children with his second wife, Susan Weber (m. 1983–2005). They are; Alexander Soros (born in 1985) and Gregory James Soros (born 1988).
Alexander is known for his donations to social and political causes. He led the list of student political donors in the 2010 election cycle. Gregory is an artist.
George Soros Siblings
George Soros is not the only child of his parents; Elizabeth Soros (mother) and Tivadar Soros (father). His older brother, Paul Soros was a private investor, philanthropist, and engineer.
Paul Soros died on June 15, 2013. He was the head of Soros Associates and also established the Paul and Daisy Soros Fellowships for Young Americans.
Paul was married to Daisy Soros, a Hungarian Jewish immigrant with whom he had two sons, Peter and Jeffrey
George Soros Net Worth
As of May 2023, George Soros has an estimated net worth of about $6.7 billion. He has made such an amount from his various businesses. He’s the chair of Soros Fund Management LLC and founder of the Open Society Foundations.
During the 1992 Black Wednesday UK currency crisis, Soros made a profit of $1 billion as a result of his short sale of US$10 billion worth of pounds sterling.
As of 2022, he owned homes on Fifth Avenue in Manhattan, in The Hamptons on Long Island, and in Katonah, New York, within Westchester County.
George Soros Social Media
George Soros owns a verified Instagram account with over 74,000 followers and a Twitter account with over 390,000 followers. The Hungarian-American businessman and philanthropist is very active on these social media platforms.
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