George Soros is a prominent American investor and philanthropist known for his significant contributions to the Open Society Foundations. With a net worth of $6.7 billion as of October 2023, he has donated over $32 billion to the Foundations, with $15 billion already distributed. This represents a substantial portion of his original fortune. Soros was recognized by Forbes in 2020 as the "most generous giver" based on the percentage of his net worth donated. He resides in New York.
In 1924, George Soros's parents married.
On August 12, 1930, George Soros, originally named György Schwartz, was born.
In August 1930, György Schwartz (later George Soros) was born in Budapest.
On January 3, 1934, Annaliese Witschak, George Soros's first wife, was born. She was an ethnic German immigrant who had been orphaned during the war.
In 1936, George Soros's family changed their name from Schwartz to Soros.
In March 1944, when George Soros was 13 years old, Nazi Germany occupied Hungary.
In 1944, George Soros's family survived the war by purchasing documents to say that they were Christians, and George posed as a Christian godson.
In 1945, George Soros survived the Siege of Budapest.
In 1947, George Soros moved to the United Kingdom after surviving the Nazi occupation of Hungary.
In 1951, George Soros obtained his Bachelor of Science in philosophy from the London School of Economics.
In 1951, George Soros was awarded a Bachelor of Science degree in philosophy from the London School of Economics.
In 1954, George Soros began his financial career at the merchant bank Singer & Friedlander of London.
In 1954, George Soros obtained a Master of Science in philosophy from the London School of Economics.
In 1954, George Soros was awarded a Master of Science degree, also in philosophy, from the London School of Economics.
In 1956, George Soros moved to New York City and worked as an arbitrage trader for F. M. Mayer.
In 1959, George Soros moved to Wertheim & Co.
In 1960, George Soros married Annaliese Witschak. She was well-liked by Soros's parents as she had also experienced the privation and displacement brought about by World War II.
From 1963 to 1973, George Soros worked as a vice president at Arnhold and S. Bleichroeder.
Until 1963, George Soros worked as an analyst of European securities.
In 1966, George Soros started a fund to experiment with his trading strategies.
In 1967, Soros and Henry H. Arnhold established Arnhold and S. Bleichroeder's First Eagle fund.
In 1969, George Soros set up his first hedge fund, Double Eagle.
In 1970, George Soros founded Soros Fund Management and became its chairman.
From 1963 to 1973, George Soros worked as a vice president at Arnhold and S. Bleichroeder.
In 1973, George Soros resigned from the management of the Double Eagle Fund and established the Soros Fund.
In 1973, Soros launched his Quantum Endowment Fund, which by January 2014, had posted gains of almost $42 billion.
In 1973, the Double Eagle Fund had $12 million and formed the basis of the Soros Fund.
Since its inception in 1973, the Quantum Fund has generated $40 billion.
Between 1979 and 2011, George Soros donated more than $11 billion to various philanthropic causes.
From 1979, Soros financially supported dissidents in Eastern Europe, including Poland's Solidarity movement, Charter 77 in Czechoslovakia, and Andrei Sakharov in the Soviet Union.
In 1980, George Soros received an honorary doctoral degree from the University of Oxford.
By 1981, a 22% loss and substantial redemptions reduced the fund to $200m.
In 1983, George Soros divorced Annaliese Witschak. They had three children.
In 1983, George Soros married Susan Weber. They have two children.
In 1984, George Soros founded his first Open Society Institute in Hungary with a budget of $3 million.
In 1984, George Soros played a role in the peaceful transition from communism to democracy in Hungary (1984–89) and provided a substantial endowment to Central European University in Budapest.
In 1987, George Soros predicted disaster in his book 'The Alchemy of Finance'.
In 1988, George Soros provided advice to the "No" campaign in the Chilean plebiscite, which helped to create the famous television program of the 'No' campaign and contributed to the victory in the plebiscite.
In 1988, Soros was asked to join an investment group to purchase shares in Société Générale but decided to pursue his own strategy of acquiring shares in multiple French companies.
In 1989, the Commission des Opérations de Bourse (COB) investigated Soros's transaction in Société Générale for insider trading.
In 1991, George Soros received a Doctor of Humane Letters from Yale University.
In September 1992, George Soros had been building a huge short position in pounds sterling for months leading up to Black Wednesday.
On September 16, 1992, the day of Black Wednesday, George Soros's fund had sold short more than $10 billion in pounds.
On October 26, 1992, The New York Times quoted George Soros as discussing his position on Black Wednesday.
In 1994, George Soros gave a speech in which he mentioned offering to help his mother, a member of the Hemlock Society, commit suicide. He also endorsed the Oregon Death with Dignity Act and helped fund its advertising campaign.
In 1995, George Soros received an honorary laurea degree in economics from the University of Bologna.
In 1995, Soros financially backed Washington Soccer L.P., the group holding operating rights to Major League Soccer club D.C. United when the league was founded.
On February 5, 1996, George Soros was believed to have traded billions of Finnish markkas in anticipation of selling them short.
During the 1997 Asian financial crisis, the prime minister of Malaysia, Mahathir Mohamad, accused George Soros of using his wealth to punish ASEAN.
In 1997, Soros Fund Management sold short the Thai baht and the Malaysian ringgit due to discrepancies between trade and capital accounts.
In 1997, Soros closed his foundation in Belarus after it was fined by the government for "tax and currency violations".
In 1997, the Prime Minister of Malaysia accused Soros of causing the financial crisis, which Soros denied, stating they were buyers of the currency during the crisis.
After his son's bar mitzvah in 1998, George Soros told him that if he was serious about being Jewish, he might want to consider immigrating to Israel.
In 1998, George Soros explained his role in the crisis in "The Crisis of Global Capitalism: Open Society Endangered".
In 1998, George Soros predicted disaster in his book 'The Crisis of Global Capitalism'.
In a 1998 interview with CBS News, George Soros said he was not religious and does not believe in God.
In 1999, economist Paul Krugman criticized Soros's effect on financial markets.
In 2000, George Soros worked to improve the image of Ricardo Lagos, who was a presidential candidate at the time, among business circles.
In 2000, Washington Soccer L.P., the group financially backed by Soros, lost its operating rights to Major League Soccer club D.C. United.
In September 2002, the Open Society Institute gave $20,000 to the Defense Committee of Lynne Stewart. Stewart was the lawyer who defended controversial, poor, and often unpopular defendants in court and was sentenced to 2 1/3 years in prison for "providing material support for a terrorist conspiracy" via a press conference for a client.
On November 11, 2003, George Soros stated that removing President George W. Bush from office was the "central focus of my life" and a matter of life and death. He offered to sacrifice his fortune to defeat Bush.
During the 2003-2004 election cycle, Soros donated over $23 million to various groups.
In 2003, George Soros published 'The Bubble of American Supremacy', a critique of the Bush administration's War on Terror and a polemic against Bush's re-election.
In 2003, George Soros stated that the policies of the Bush and Sharon administrations were contributing to European antisemitism. His comments were criticized by Abraham Foxman as simplistic and victim-blaming.
In 2003, former Federal Reserve chairman Paul Volcker wrote in the foreword of George Soros's book 'The Alchemy of Finance'.
In 2003, it was reported that George Soros's philanthropic funding includes efforts to promote non-violent democratization in the post-communist states. These efforts, mostly in Central and Eastern Europe, occur primarily through the Open Society Foundations and national Soros Foundations. As of 2003, PBS estimated that he had given away a total of $4 billion.
In 2003, the Project on Death in America, an Open Society Institute project active since 1994 that aimed to change the culture and experience of dying and bereavement, concluded.
On September 28, 2004, George Soros kicked off a multistate tour with a speech titled "Why We Must Not Re-elect President Bush" at the National Press Club in Washington, D.C.
In 2004, Soros donated significantly to 527 Groups aimed at defeating President George W. Bush.
In November 2005, George Soros stated his opinion that there was no alternative but to grant Kosovo independence.
In 2005, George Soros divorced Susan Weber.
In 2005, Soros was a minority partner in a group that attempted to purchase the Washington Nationals, a Major League baseball team. However, this endeavor faced potential challenges from Republican lawmakers who suggested revoking Major League Baseball's antitrust exemption if Soros acquired the team.
On June 14, 2006, the French Supreme Court confirmed Soros's conviction for insider trading related to a 1988 transaction, reducing the penalty.
In September 2006, George Soros pledged $50 million to the Millennium Promise to provide educational, agricultural, and medical aid to help villages in Africa enduring poverty.
In December 2006, Soros appealed his insider trading conviction to the European Court of Human Rights.
In 2006, George Soros discussed his transition from immigrant to financier at the Los Angeles World Affairs Council.
In 2006, George Soros stated that the United States setting the agenda for the world and declaring a 'war on terror' after September 11 set the wrong agenda.
In 2006, Mahathir Mohamad met with George Soros and afterward stated that he accepted that Soros had not been responsible for the crisis.
In a 2006 interview, Ercis Kurtulus claimed that Soros used NGOs to carry out his will in Ukraine and Georgia.
In 2007, Time magazine cited two specific projects, a $100 million contribution toward Internet infrastructure for regional Russian universities, and $50 million for the Millennium Promise, noting that George Soros had given $742 million to projects in the U.S., and given away a total of more than $7 billion.
In January 2016, George Soros mentioned the 2007-2008 financial crisis while predicting another financial crisis at an economic forum in Sri Lanka.
In May 2008, George Soros published his book 'The New Paradigm for Financial Markets,' which described a "superbubble" that had developed over the previous 25 years and was on the verge of collapsing.
Around 2008, an example of reflexivity in financial markets could be seen in debt and equity of housing markets, where increased lending led to higher house prices and further lending, creating a self-reinforcing cycle.
In 2008, George Soros donated $400,000 to support the Massachusetts Sensible Marijuana Policy Initiative, which decriminalized possession of small amounts of marijuana in the state. Soros has funded similar measures in other states and donated $1.4 million to support California's Proposition 5.
In 2008, George Soros met Tamiko Bolton, who he later married.
In 2008, Soros was inducted into Institutional Investors Alpha's Hedge Fund Manager Hall of Fame, alongside figures like Alfred Jones and Bruce Kovner.
In 2008, Soros's name was linked to AS Roma, an Italian association football team. However, the club was not ultimately sold.
In 2008, following the financial crash, George Soros's theories on reflexivity, previously dismissed by economists, gained more attention, including being featured in an issue of the Journal of Economic Methodology.
In January 2016, George Soros mentioned the 2007-2008 financial crisis while predicting another financial crisis at an economic forum in Sri Lanka.
In February 2009, George Soros stated that the world financial system had effectively disintegrated and was on life support with no near-term resolution in sight.
In June 2009, Soros donated $100 million to Central and Eastern Europe to counter the impact of the Great Recession.
In August 2009, Soros donated $35 million to New York State, earmarked for underprivileged children.
In October 2009, George Soros founded the Institute for New Economic Thinking to explore new approaches to the international economic and financial system after the Great Recession.
In October 2009, George Soros stated in an interview that he believes marijuana is less addictive but not appropriate for children. He also mentioned that he hasn't used it in years. Soros has been a major financial backer of the Drug Policy Alliance.
In 2009, Michelle Bachelet awarded George Soros the Bernardo O'Higgins Order of Merit, in gratitude for his commitment to democracy and open societies.
In October 2010, George Soros donated $1 million to support California's Proposition 19.
In 2010, George Soros expressed concern about the growth of Chinese economic and political power, urging China to accept responsibility for world order and the interests of other people. He also commented on the superior functioning of the Chinese government compared to the United States.
In 2010, Reuters initially reported "indirect financial links" between Soros and Adbusters, the catalyst for Occupy Wall Street, but later retracted this claim.
In May 2011, George Soros donated $60 million to Bard College, establishing the Bard College Center for Civic Engagement.
In July 2011, George Soros announced that he had returned funds from outside investors' money and instead invested funds from his family fortune.
In October 2011, George Soros drafted an open letter urging Eurozone leaders to unite and warning against nationalistic solutions to the Great Recession. The letter called for stronger economic governance in Europe using federal means.
In October 2011, a Reuters story clarified that Soros was not a funder of the Wall Street Protests.
In October 2011, the European Court of Human Rights rejected Soros's appeal regarding his insider trading conviction.
Between 1979 and 2011, George Soros donated more than $11 billion to various philanthropic causes.
On August 21, 2012, Soros acquired roughly a 2% stake in English football club Manchester United through the purchase of 3 million of the club's Class-A shares, as reported by the BBC based on SEC filings.
On September 27, 2012, Soros donated $1 million to the super PAC Priorities USA Action, supporting Barack Obama's reelection.
Since 2012, the Hungarian Fidesz government has labeled George Soros as an enemy of the state.
On June 15, 2013, George Soros's older brother, Paul Soros, a private investor and philanthropist, died.
On September 21, 2013, George Soros married Tamiko Bolton.
In October 2013, Soros donated $25,000 to Ready for Hillary and became a co-chairman of the super PAC's national finance committee.
In 2013, the Quantum Fund made $5.5 billion, making it again the most successful hedge fund in history.
In January 2014, Soros was ranked number 1 in LCH Investments list of top 20 managers, having posted gains of almost $42 billion since the launch of his Quantum Endowment Fund.
In January 2015, George Soros called on the European Union to provide $50 billion in bailout money to Ukraine.
In June 2015, Soros donated $1 million to the Super PAC Priorities USA Action, supporting Hillary Clinton in the 2016 presidential race.
In July 2015, George Soros stated that Putin's annexation of Crimea was a challenge to the "prevailing world order", specifically the European Union. He also hypothesized Putin's strategy to destabilize Ukraine.
In July 2015, George Soros stated that a strategic partnership between the US and China could prevent the evolution of two power blocks that may be drawn into military conflict.
In October 2015, George Soros criticized Hungarian Prime Minister Viktor Orbán's handling of the 2015 European migrant crisis, contrasting their approaches to border protection and refugee welfare.
In November 2015, Russia banned the Open Society Foundations (OSF) and the Open Society Institute (OSI), pro-democracy charities founded by George Soros, stating they posed a "threat to the foundations of the constitutional system of the Russian Federation and the security of the state".
In December 2015, Soros donated $6 million to Priorities USA Action.
In December 2015, a Russian intergovernmental letter stated that George Soros's charities were "forming a perverted perception of history and making ideological directives, alien to Russian ideology, popular".
In 2015, George Soros became the target of conspiracy theories, particularly related to the European migrant crisis, fueled by his Jewish identity, wealth, and philanthropy. The Hungarian government launched a poster campaign demonizing him.
In 2015, the Hungarian government disagreed with Soros's involvement in the European migrant crisis.
In 2015, the fund announced that it would inject $300 million to help finance the expansion of Fen Hotels.
In January 2016, 53 books related to George Soros's "Renewal of Humanitarian Education" program were withdrawn at the Vorkuta Mining and Economic College in the Komi Republic, with 427 additional books seized for shredding.
In January 2016, at an economic forum in Sri Lanka, George Soros predicted a financial crisis similar to the 2007-2008 crisis, based on the global currency, stock, and commodity markets, and the declining Chinese yuan.
In August 2016, Soros donated $2.5 million to Priorities USA Action.
In 2016, George Soros stated that he doesn't deny Jews the right to a national existence but doesn't want to be a part of it. Hacked emails revealed the Open Society Foundation's objective to challenge Israel's policies and fund NGOs critical of Israel.
Since 2016, Soros has been donating sums exceeding $1 million to the campaigns of progressive criminal justice reform proponents through the Safety and Justice PAC in local district attorney elections.
In January 2017, the "Stop Operation Soros" (SOS) initiative was launched in Macedonia to present "questions and answers about the way Soros operates worldwide".
In March 2017, six US senators sent a letter to Rex Tillerson asking him to look into grants given to groups funded by Soros.
In July 2017, Soros was elected an Honorary Fellow of the British Academy (HonFBA), the United Kingdom's national academy for the humanities and social sciences.
In July 2017, a Hungarian billboard campaign backed by Prime Minister Viktor Orbán vilified George Soros as an enemy of the state. The campaign, considered anti-semitic, used the slogan "Let's not allow Soros to have the last laugh."
On October 17, 2017, it was announced that George Soros had transferred $18 billion to the Open Society Foundations.
A 2017 study found that Soros's grant program significantly boosted scientific publications and encouraged scientists to remain in the science sector in former Soviet republics.
By 2017, George Soros's donations totaled $12 billion.
In 2017, George Soros described Donald Trump as a con man and predicted his failure due to self-contradictory ideas, also anticipating a trade war and poor performance in financial markets.
In 2017, Israeli businessman Beny Steinmetz filed a $10 million lawsuit against George Soros, alleging that Soros influenced the government of Guinea to freeze Steinmetz's company out of mining contracts due to animus toward Israel. Soros dismissed the suit as frivolous.
In 2017, Soros helped Larry Krasner get elected as the District Attorney of Philadelphia with a $1.5 million ad campaign.
On May 16, 2018, Soros's Open Society Foundations announced they would move its office from Budapest to Berlin due to an "increasingly repressive" environment in Hungary.
In October 2018, George Soros donated $2 million to the Wikimedia Foundation via the Wikimedia Endowment program.
In October 2018, George Soros was targeted in the October 2018 United States mail bombing attempts, when a pipe bomb was mailed to his home.
On October 22, 2018, a pipe bomb was discovered in the mailbox at George Soros's home in Katonah, New York, as part of a series of mail bombing attempts targeting prominent Democrats and liberals. The FBI investigated the incident.
On October 26, 2018, Cesar Sayoc Jr. was arrested in Florida as a suspect in the mail bombing attempts, including the one targeting George Soros.
As the 2018 election period started, the Hungarian government introduced public posters with a photo of Soros to create hostility towards him, and prepared a "Stop Soros package" of laws.
In 2018, George Soros highlighted that Europe faces major challenges related to immigration, austerity, and nations leaving the EU. He stated that Europe is facing an existential crisis due to the rise of populism, the refugee crisis, and a growing rift between Europe and the United States.
In 2018, Soros was named the Financial Times Person of the Year, recognized as a "standard bearer for liberal democracy" amidst rising populism.
In 2018, The New York Times reported that "conspiracy theories about him have gone mainstream, to nearly every corner of the Republican Party".
In a 2018 interview with The New York Times, Alex Soros, George Soros's son, explained that his father fights for an open society because a Jew can only feel safe in a non-Jewish state when other minorities are protected.
In January 2019, George Soros, during his annual speech at the World Economic Forum in Davos, labeled Xi Jinping as the "most dangerous opponent of open societies" and criticized China's Social Credit System. He also urged the United States to prevent Huawei and ZTE from dominating the 5G telecommunications market.
In April 2019, Soros was awarded the Ridenhour Prize for Courage. In his acceptance address, he discussed the Hungarian government's portrayal of him and donated the prize money to the Hungarian Spectrum.
By July 2019, Soros had donated $5.1 million to his new super PAC called Democracy PAC for the 2020 election cycle.
In August 2019, Cesar Sayoc Jr. was sentenced to 20 years in prison for mailing 16 pipe bombs to 13 victims, including George Soros, in October 2018. None of the devices exploded.
In January 2020, George Soros announced a $1 billion endowment donation at the World Economic Forum, establishing the Open Society University Network a global network of educational institutions in partnership with Bard College and the Central European University.
As of March 2020, Forbes magazine listed George Soros as the 162nd richest person in the world, with a net worth of $8.3 billion. He has also donated 64% of his original fortune, of which more than $15 billion has been distibuted through his Open Society Foundations. Forbes has called him the most generous giver.
In July 2020, George Soros donated $100 million to Bard College, to strengthen and expand Bard's Center for Civic Engagement initiatives, and its leadership role as a founding partner of the Open Society University Network.
In July 2020, George Soros's Foundations announced plans to give $220 million in grants for racial justice groups, criminal justice reform and civic engagement.
In 2020, Forbes called George Soros the "most generous giver" in terms of percentage of net worth.
In 2020, Soros was the largest donor for George Gascón's campaign for Los Angeles County District Attorney and donated to Kim Foxx's campaign for Cook County State's Attorney.
In the second quarter of 2020, Soros donated at least $500,000 to Joe Biden's presidential campaign, becoming one of the campaign's largest donors.
Soros launched a new super PAC called Democracy PAC for the 2020 election cycle.
In April 2021, George Soros pledged $500 million to the endowment of Bard College, one of the largest gifts ever made to higher education in the United States.
In August 2021, following the $500 million donation, George Soros donated $25 million to the Center for Curatorial Studies at Bard College.
In May 2022, George Soros stated that the Russian invasion of Ukraine may be the start of "a third world war" and that Putin must be defeated "as soon as possible".
In September 2022, George Soros made an additional $25 million donation to Bard College.
As of 2022, George Soros owned homes on Fifth Avenue in Manhattan, in The Hamptons on Long Island, and in Katonah, New York, within Westchester County.
In 2022, Soros was the largest donor in the United States elections, donating $128.5 million to support the Democratic Party.
In February 2023, George Soros criticized Indian Prime Minister Narendra Modi for his alleged Islamophobia, cronyism and authoritarianism. Modi's Bharatiya Janata Party accused Soros of trying to undermine Indian democracy, and Indian foreign minister S. Jaishankar claimed that Soros is a "dangerous" person.
As of October 2023, George Soros had a net worth of US$6.7 billion and had donated more than $32 billion to the Open Society Foundations.
In December 2023, George Soros was swatted during a period of similar harassment targeting American political figures.
In December 2023, Israel's ambassador to the United Nations, Gilad Erdan, accused George Soros of supporting pro-Palestinian organizations that seek the destruction of Israel. Soros's son, Alexander, dismissed these accusations as distorted right-wing attacks.
In January 2025, United States President Joe Biden awarded Soros the Presidential Medal of Freedom.