George Soros

/George Soros
George Soros 2015-07-14T03:45:08+00:00

George Soros
Net Worth $24.2 Billion

George SorosFounder, Soros Fund Management LLC
Age 84
Source Of Wealth hedge funds, Self Made
Self-Made Score 10
Residence Katonah, NY
Citizenship United States
Marital Status Married
Children 5
Education Bachelor of Arts / Science, London School of Economics

George Soros set the standard for hedge fund success. A major philanthropist, Soros returned all the external money he managed to outside investors in 2011. His family office, Soros Fund Management, is still run like a big hedge fund. Its day-to-day operations are handled by Scott Bessent, the chief investment officer, but Soros remains involved. Soros Fund Management returned about 8% in 2014. Soros put himself through the London School of Economics after fleeing Hungary, working as a railway porter and a waiter, before getting his start in finance in a merchant bank. After moving to New York and getting his start on Wall Street, he established his own hedge fund in 1969 with $12 million; it was later rebranded the Quantum Fund. In 1992, with Stan Druckenmiller by his side, he shorted the British pound and made such an impressive profit that he became known as the man who broke the Bank of England.

 

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