George Soros Obituary, Death – George Soros, whose birth name was Gyorgy Schwartz and who was born on August 12, 1903, is a businessman and philanthropist of Hungarian and American descent.  As of March 2021, he had a net worth of US$8.6 billion, having donated more than $32 billion to the Open Society Foundations, of which $15 billion has already been distributed, representing 64% of his original fortune.  As of March 2021, [10][11] he had donated more than $32 billion to the Open Society Foundations. The magazine Forbes referred to him as “the most generous giver” (in terms of percentage of net worth

Soros was born into a Jewish family in Budapest, but his family did not observe their religion and he survived the Nazi occupation of Hungary. In 1947, he moved to the United Kingdom. He attended the London School of Economics and received a Bachelor of Science degree in philosophy in the year 1951. Two years later, in 1954, he earned a Master of Science degree, also in the field of philosophy.

Before Soros established his first hedge fund, Double Eagle, in 1969, he began his professional life in the business world by working in a variety of positions at merchant banks in the United Kingdom and the United States. Soros Fund Management was his second hedge fund, which he established in 1970 with the initial capital provided by the profits from his first fund. Quantum Fund, formerly known as Double Eagle, was the primary investment company that George Soros advised. Quantum Fund began with a total of $12 million in assets under management when it was first established, but by 2011 it had grown to $25 billion, representing the majority of Soros’s overall net worth. [16]

During the 1992 Black Wednesday UK currency crisis, Soros made a profit of $1 billion from the short sale of US$10 billion worth of pounds sterling, earning him the nickname “The Man Who Broke the Bank of England.” This earned him a reputation as “The Man Who Broke the Bank of England.”

[17] Soros formulated the General Theory of Reflexivity for capital markets based on his early studies of philosophy. He claims that this theory paints a clear picture of asset bubbles and the fundamental/market value of securities, in addition to value discrepancies that are used for shorting and swapping stocks. Soros is known for his work in the financial industry.  Through his foundation, the Open Society Foundations, Soros is able to donate money to various political organizations that he believes should adhere to more progressive and liberal ideals.

[19] Between the years 1979 and 2011, he gave more than $11 billion to various philanthropic causes; by the year 2017, the total of his donations “on civil initiatives to reduce poverty and increase transparency, and on scholarships and universities around the world” amounted to $12 billion.  In the late 1980s and early 1990s, he played a significant role in the fall of communism in Eastern Europe. He is also responsible for providing one of the largest endowments for higher education in Europe to the Central European University, which is located in his Hungarian hometown.  As a result of his substantial contributions to various political causes, European nationalists refer to him as a “bugaboo.”

According to a piece that was published in The New York Times in October 2018, “conspiracy theories about him have gone mainstream, to nearly every corner of the Republican Party.” Many people on the right in the United States have spread false information that portrays George Soros as a uniquely dangerous “puppet master” who is the mastermind behind many alleged plots on a global scale. Antisemitic sentiments are frequently expressed in relation to the conspiracy theories that target Soros, who is of Jewish descent. Gyorgy Schwartz August 12, 1930 (age 92) Budapest, the capital of the Kingdom of Hungary Citizenship Hungary. Education system of the United States 3 London School of Economics (BSc, MSc) Investor, manager of hedge funds, author, and philanthropist are some of the jobs he has held. Reputation for philanthropy, management of the Soros Fund, and founding of the Open Society Foundations. Providing Counsel to the Partners of the Quantum Fund Annaliese Witschak ​ ​  Tamiko Bolton ​ (m. 2013) Children in their fifth year, including relatives Jonathan and Alexander Paul Soros (brother)