George Soros- Net Worth, Money and More
Net Worth: $19 Billion
George Soros was born on 12 August 1930 in Budapest, Hungary, United States. His birth name is Schwartz Gyorgy. He is a business magnate, investor and philanthropist. Moreover, he is the chairman of Soros Fund Management and is very well known as “The Man Who Broke the Bank of England” as his short sale of US $10 billion worth of pounds which gave him a profit of $1 billion in the era 1992 Black Wednesday UK currency crisis. Not only is this, he is the supporter of progressive liberal political causes and is the Chairman of the Open Society Foundations and spent more than $400 million for social welfare in many countries through various charity organizations. George was graduated from London School of Economics and worked in different financial firms where he learnt the art of making money and today is counted as the rich billionaire on the planet. In September 1992, Soros single handedly stopped the Bank of England from firing the exchange rate. Also, since 1970s, Soros has been funding back students to attend the University of Cape Town in South Africa. He is also a kind hearted philanthropist. In the year 2005, He was a majority partner in a group that tried to buy the Washington Nationals, a Major League baseball team. Talking about his other side, he received the honorary degrees from the New School for Social research, the University of Oxford in the year 1980, the Corvinus University of Budapest and Yale University in the year 1991.
Life:
George Soros was belong to nonobservant Jewish family and his mother was Elizabeth who came from a family that owned a thriving silk shop. His father was Tivadar who was a lawyer and a prisoner of war during World War I. in the year 1936, Soros family changed their name from Schwartz to Soros in response to frowning anti-Semitism with the rise of fascism. Talking about his personal life, he married three times and got divorced two times. In the year 1960, George married to Annaliese Witschak who was an ethnic German immigrant from Germany who was orphaned during the war. Soon, in the year 1983, they got divorced. Moreover, in the year 1983, he got married to Susan Weber who got divorced in the year 2005 and have two children together. Later he got engaged to Tamiko Bolton. George married to Tamiko on 21 September 2013. Talking about some of his lifetime achievements, on March 12, 2012 in list of Forbes, George was listed on the rank 22 as the richest person in the world. He is also declared as the richest hedge fund manager. He was also ranked on number 7 on the list of the 400 wealthiest Americans. Since 1979, he has donated $ 8 billion in various causes.
Homes:
George Soros is a very rich personality on this planet. His net worth is $19 billion and his main source of income is that he runs very good business. He knows the techniques of earning more and more money. He has a lot of property, he owns three home. One is New York apartment which is very expensive and luxurious. This house has 16 rooms and located at 1060 Fifth Avenue. He shared this apartment with his ex-wife Susan Weber. He also owns another luxurious house called Southhampton apartment which is located in New York and is extremely luxurious and beautiful. Apart from thee two, he also owns a Bedford mansion. He bought this vast estate from the Jurasic park author, Michael Crinchton in the year 2003 and has 19 rooms. It is spread in over 63 acres of area. His favorite holiday destination is Hamptons he always take vacation trip to this long island and does summer parties and did a full entertainment. The elegant island featuring pristine beaches, fashionable restaurants and an exciting nightlife is located in Bridgehampton in New York, USA. Marvelous landscapes and views of sunset form the beaches is worth capturing. Also there are stupendous museums, eye popping summer homes, marvelous restaurants and a range of comfortable accommodations.
Philanthropy:
George Soros is a very good hearted man and believes in helping others. He is involved in many charity works like Millennium Promise Alliance and donated $50 million in the project which aims at removing extreme poverty by the year 2025. Also, he supports other good causes too like Millennium villages which aims to uplift villages of developing countries and eradicate poverty that adversely affects more than a billion people worldwide. He also supports an International NGO which is concerned with human rights and donated $100 million to the organization. Soros is a very good philanthropist, since 1970s he has been funding black students to attend the University of Cape Town in South Africa. He has donated more than $400 million for social welfare in many countries through various charity organizations. Moreover, he has also donated $1 Million to the Media Matters for America in the year 2010. Not only is this, he is also famous for writing books on diverse topics. In the yra 1970, Geirge founded Soros Fund management and became its chairman. He was also the vice-president at Arnhold and S. Bleichroeder for the period 1963- 1973. Also, in the year 2010,he bought a 4 percent stake in the Bombay Stock Exchange for $35 Million.
