![]() After those 5 years, his net worth reached an estimated $11 billion. He has stated that his intent was to earn enough money on Wall Street to support himself as an author and philosopher-he calculated that $500,000 after five years would be possible and adequate. In 1973 he established a private investment company that eventually evolved into the Quantum Fund. ![]() In 1956 Soros moved to the United States and took a job as an analyst. George Soros later said that he “grew up in a Jewish, anti-Semitic home,” and that his parents were “uncomfortable with their religious roots.” They even changed their name from Shwartz to Soros in 1936 to disassociate themselves from the Jewish community. To avoid Soros’ apprehension by the Nazis, his father had him spend the summer of 1944 living with a non-Jewish Ministry of Agriculture employee, posing as his godson. His estimated worth is over $8.5 billion and he is ranked as the 80 th richest person in the world.Īs a Jew in Hungary in 1944, Soros was in serious danger of deportation. ![]() He is the chairman of Soros Fund Management and the Open Society Institute. His funding and organization of Georgia's Rose Revolution was considered by Russian and Western observers to have been crucial to its success. He has also dedicated himself to promoting democracy in Eastern Europe. George Soros was born in Budapest, Hungary and is currently a financial speculator, stock investor, philanthropist, and political activist.
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