Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  News  >  Business Leaders  >  Business Leaders Biography

Business Leaders

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
HomeAll newsMost read newsBusiness Leaders Biography
Portrait de George Soros
Birthday : 08/12/1930
Place of birth : Budapest - Hungary
Country of residence : USA

Biography of George Soros 
George Soros lived the Hungary’s Nazi occupation. With Jewish origin, he was forced to change his name in 1936 (György Schwartz). He escapes from communist regime in 1947, and he arrives in Great Britain. In London he follows the philosopher anti communist Karl Kopper’s courses at London School of Economics. In 1956 he emigrated to United States with one objective in mind: to win half million dollars. Mission completed, in 2011 his fortune amounted to $14,5 billion and he was the 46th richest man in the world, according to Forbes.

When he had arrived in New York he founded his first investment fund The Soros Fund, which will be the first stone of Soros’ financial empire. In 1973 he founded Quantum Fund with Jim Rogers. For ten years this fund will break all records in terms of gains.

The most of people know him during the great depression of 1992. He speculated on sterling’s fall, and he caused important fluctuations such as the British currency was forced out of the monetary system. This bet allowed him to earn a billion in one night and he was called as “the man who broken the Bank of England”.

He is also a philanthropist. With Open Society Institute which group together twenty foundations with a goal to defend human rights and promote democratic governance. George Soros describes himself as a “stateless head of state”. Since 1984, thanks to his foundations he distributed more than $ 8 billion to various humanitarian causes in 70 countries around the world.

The man, who wanted to be a philosopher, thanks to his foundation he participates in the transformation of society. The speculator has become the destroyer of excessive liberalism.
Copyright © 4-traders.com / Photo © Reuters

Anecdotes
It is not rare for George Soros to lend money to states. To Russian emissaries who asked him an additional loan, he replies “Do not it becomes a custom”, referring to previous loan granted to Boris Yeltsin.
Citations
"A full and fair discussion is essential to democracy."

"I chose America as my home because I value freedom and democracy, civil liberties and an open society."

"Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected."


Most Read News 
12/06 DAVID HENRY : Citigroup expects 'high teens' percentage fall in fourth-quarter markets revenue
12/05DJJACK MA : Top Company News of the Day
12/08 JAMIE DIMON : JPMorgan's Dimon taking customer pricing hints from Amazon
12/11DJROBERT IGER : ConsolidationDisney Deal for Fox Would End Hollywood EraFox Would Play Supporting Role at Disney -- WSJ
12/07 LAKSHMI MITTAL : ArcelorMittal's $1 billion India joint venture to get green light next week - sources
12/07 STÉPHANE RICHARD : Orange's boss Richard promises investors more of the same
12/07 MIKHAIL FRIDMAN : BASF agrees oil unit merger with Fridman's DEA to spur expansion
12/06DJSUMNER REDSTONE : Emails Illuminate Redstones' Family Tensions and War for Viacom
12/06 TIM COOK : Apple's Cook optimistic that apps pulled in China will be back
12/07 GEORGE SOROS : Soros-backed GlenPoint opens New York office, co-founder to relocate
More news
Advertisement
Latest news about George Soros 
More news


Popular Business Leaders 
William Ackman Jean-paul Agon Bernard Arnault Liliane Bettencourt Jeff Bezos Lloyd Blankfein Vincent Bolloré Richard Branson John Bryant Warren Buffett Kenneth Chenault Gary Cohn Tim Cook Jean Coutu Jamie Dimon Ralph Dommermuth Patrick Drahi John Edwards Larry Ellison Douglas Flint Bill Gates Carlos Ghosn Mario Greco David Henry Heinrich Hiesinger Carl Icahn Bruno Lafont Jack Ma Laurent Mignon Lakshmi Mittal James Murdoch Elon Musk Peter Nicholas Michael O'leary Nelson Peltz Sumner Redstone Franck Riboud Xavier Rolet Wilbur Ross Sheryl Sandberg George Soros Ulrich Spiesshofer Johannes Teyssen François Villeroy De Galhau John Williamson Thomas Wilson Dieter Zetsche Mark Zuckerberg Isabel Dos Santos
A-Z Business Leaders