George Soros Biography (Schwartz György)
Hedge Fund Billionaire
George Soros biography is one of the most interesting and well-known
stories in terms of entrepreneurship. Heavily involved in currency speculation,
stock investments, philanthropy, political activism and general activities
associated with being a businessman - he could certainly be described a
'jack-of-all-trades'. This is the story of George Soros' telling rise from
unsavoury surroundings.
Famous for: Making billions and giving away millions every year. Soros has also been a very successful currency trader and investor, being called "the Man Who Broke the Bank of England" in the early nineties when he bet big against pounds sterling.
Famous for: Making billions and giving away millions every year. Soros has also been a very successful currency trader and investor, being called "the Man Who Broke the Bank of England" in the early nineties when he bet big against pounds sterling.
George Soros is a Hungarian
born billionaire investor, philanthropist and author. The American businessman
was once known as "The Man Who Broke the Bank of England" after
speculating on the Pound Sterling, believing it was overvalued. Soros earned
himself 1.1billion US dollars from the deal in 1992. George Soros is also a
generous philanthropist, giving away millions of dollars every year to the poor
and disadvantaged of the world. He also has numerous critics in both finance
and politics.
In 1947 Soros fled the Soviet Union Communist occupation of Hungary and arrived in England. He then went on to study at the London School of Economics and graduated in 1952. Soros then emigrated and settled in the United States of America in 1956.
Upon moving to America, Soros set up an investment fund that went on to create his massive fortune. It was his intention to simply support his love of writing from his Wall Street earnings, but his well timed investment decisions saw his wealth increase dramatically each year. The Quantum Fund went on to become one of the most successful managed investment funds ever, with a more than 30% increase annually over a 30 year period.
Soros also gained many critics along his path to financial success. Through his International currency speculating he was once given the nickname of "the man who broke the bank of England" from a deal that earned him more than one billion US dollars. He has also been accused of negatively affecting the Malaysian ringgit during the Asian financial crisis through his aggressive currency speculation.
The American billionaire is also a very active philanthropist that is willing to use his money to fund causes that he believes in. Since 1979 he has been supporting and funding various organizations and activities worldwide. His first charitable actions helped to fund black students in the University of Capetown in South Africa during apartheid. Soros is founder and chairman of the Open Society Institute, an organization that supports activities in more than 50 countries worldwide.
George Soros is also the author of several books on the economy and politics. He first entered the business world to fund his passion for writing and philosophy, and continues to fulfill this passion with more than 8 published books.
During the 2004 American election year, Soros rose to fame with his criticism of George W Bush. Although not usually known for his participation in politics, Soros believed that the direction the Bush government had been taking America was dangerously wrong. He contributed more than 15 million dollars to oust President Bush. Soros commented that "it is the central focus of my life" and "it is a matter of life and death".
In 1947 Soros fled the Soviet Union Communist occupation of Hungary and arrived in England. He then went on to study at the London School of Economics and graduated in 1952. Soros then emigrated and settled in the United States of America in 1956.
Upon moving to America, Soros set up an investment fund that went on to create his massive fortune. It was his intention to simply support his love of writing from his Wall Street earnings, but his well timed investment decisions saw his wealth increase dramatically each year. The Quantum Fund went on to become one of the most successful managed investment funds ever, with a more than 30% increase annually over a 30 year period.
Soros also gained many critics along his path to financial success. Through his International currency speculating he was once given the nickname of "the man who broke the bank of England" from a deal that earned him more than one billion US dollars. He has also been accused of negatively affecting the Malaysian ringgit during the Asian financial crisis through his aggressive currency speculation.
The American billionaire is also a very active philanthropist that is willing to use his money to fund causes that he believes in. Since 1979 he has been supporting and funding various organizations and activities worldwide. His first charitable actions helped to fund black students in the University of Capetown in South Africa during apartheid. Soros is founder and chairman of the Open Society Institute, an organization that supports activities in more than 50 countries worldwide.
George Soros is also the author of several books on the economy and politics. He first entered the business world to fund his passion for writing and philosophy, and continues to fulfill this passion with more than 8 published books.
During the 2004 American election year, Soros rose to fame with his criticism of George W Bush. Although not usually known for his participation in politics, Soros believed that the direction the Bush government had been taking America was dangerously wrong. He contributed more than 15 million dollars to oust President Bush. Soros commented that "it is the central focus of my life" and "it is a matter of life and death".
Recent estimations suggest that
Soros is worth a colossal $14 billion; this in itself proves that anything can
be achieved with the correct attitude - regardless of your social class or
background. There may be risks connected with entrepreneurship - but these
really do pay off if you put enough energy into it. The
George Soros biography becomes more and more impressive!
