George Soros managed to work his way up from humble beginning in Hungary. He eventually left Hungary and moved to London order to pursue a better life and education opportunities. He was able to pay for his tuition at the London School of Economics by working for the railway. He was later able to secure a position with a merchant bank which helped him gain critical experience in his decision-making in the years to come. Read his profile at Forbes.
He moved to New York’s Greenwich Village in 1959 and became an American citizen in 1961. He began a very successful career on Wall Street which created a great amount of success for him. He married Annaliese Witshcak and they stayed together for 23 years. George Soros had his first child with Annaliese after two years of marriage. He was so successful that he was able to raise $12 million to establish a hedge fund. His most notable business move happened during the economic collapse of Great Britain in 1992. Along with his partner Stan Druckenmiller he was able to bet against the British pound and managed to generate a world record profit in a single day.
Currently, he is still active in the investment world through Soros Fund Management. In total, the company has a reported $30 billion in total assets. Dawn Fitzpatrick is currently the Chief Investment Manager for Soros Fund Management. Not only is George Soros a world renowned investor, he is also incredibly active in politics. He is active in furthering Democratic strategies and vehemently opposes Donald Trump. His political activism has not been isolated exclusively to the United States. He has in the past, focused his attentions on ending the rule of dictators in countries that had suffered oppression for years due to their tyranny. By investing his time and resources, George Soros has been able to help the people of countries regain their independence. Know more on cnbc.com about George Soros.
As far as personal wealth goes, George Soros has personally acquired around $13 billion but his businesses have assets that are significantly more. George Soros continued to amass significant wealth over the years and even opened a headquarters for Open Society Foundations in 1987. The organization was created to help create more tolerant democracies for people in other countries. George Soros is not only an incredibly shrewd investor and businessman, but he is also an extraordinary philanthropist.