About
George Soros is a Hungarian-American investor and philanthropist renowned for his successful hedge fund management and his extensive philanthropic activities. As of May 2025, his net worth is estimated at US$7.2 billion, reflecting his success in the financial markets. Soros is particularly known for his support of democratic and human rights causes through his Open Society Foundations, which have received over $32 billion in funding. He is considered one of the most influential and generous philanthropists globally.
Career Timeline
Arrived in New York
After graduating from the London School of Economics, Soros moved to New York City and began working in finance. He was virtually unknown and had minimal personal wealth as he started his career.
Founded Quantum Fund
Soros established his own hedge fund, which would later become the Quantum Fund. His early success in high-risk investing began building his reputation in financial circles, though he remained relatively obscure to the general public.
Broke Bank of England
Soros made $1 billion by short-selling the British pound on Black Wednesday, becoming known as 'the man who broke the Bank of England.' This legendary trade catapulted him to international fame as one of the world's most successful investors.
Established Open Society Foundations
Soros expanded his Open Society Foundations network globally, beginning his transformation into one of the world's leading philanthropists. His dual identity as master investor and mega-donor increased his global influence and public profile.
Profited from Financial Crisis
During the 2008 financial crisis, Soros's fund reportedly made nearly $1 billion by betting against banks and the dollar. His prescient moves during the crisis reinforced his legendary status and brought his wealth to historic highs.
Transferred $18 Billion to Foundation
Soros transferred $18 billion to his Open Society Foundations, making it one of the largest philanthropic transfers in history. This move solidified his status as one of the most generous philanthropists ever while reducing his personal net worth.
Handed Control to Son Alexander
At age 92, Soros transferred control of his empire to his son Alexander Soros, stepping back from day-to-day operations. Despite this transition, he remained a globally iconic figure and subject of international political discourse.
Remains Global Icon and Philanthropist
At 95, Soros remains one of the most influential and recognizable figures in global finance and philanthropy. His name is universally known, his foundations operate worldwide, and he is considered a dominant cultural force in both finance and political discourse.
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Last updated: February 23, 2026