George
George Soros
George Soros was born on August 12, 1930 in Budapest, Hungary. His real name is gyoumlrgy Schwartz. He is a currency Speculator and stock investor.
He is currently chairman of Soros Fund Management Company and Open Society Institute, and a former member of the board of directors of the Foreign Affairs Committee. In the United States, it is known for raising a lot of money to try to prevent George Bush from being re elected president.
All his life, he led the speculative capital to make waves in the financial market, which swept away the wealth of many countries.
On January 22, 2015, George Soros announced his ultimate retirement. In the future, he will no longer manage investment and will push forward philanthropy. In December 2018, George Soros was named FT's person of the year in 2018. In October 2019, Forbes ranked 56th on the US 400 list. On February 26, 2020, with a fortune of 60 billion yuan, it ranked 226th in the 2020 Shimao Shenzhen Hong Kong International Center · Hurun global rich list.
Profile
George Soros, whose real name is gyoumlrgy Schwartz, is a famous philanthropist, money Speculator and stock investor. He was born in Budapest, Hungary on August 12, 1930.
Soros attacked Hong Kong's financial market in 1997, making the exchange rate of Hong Kong dollar fall all the way and the financial market in chaos. The Hong Kong Monetary Authority immediately entered the market, and the central government fully supported it. Under a series of counterattack actions, Soros's "battle" in Hong Kong failed and suffered heavy losses.
Since the end of last century, Soros has contributed to the "Color Revolution" through his "open society foundation" and his predecessor "Open Society Research Institute". Georgia's "Rose Revolution" in 2003, Ukraine's "Orange Revolution" at the end of 2004, Turkey's parliament's amendment of the constitution, and Egypt's Mubarak's downfall all played an important role. According to public opinion analysis, Soros' real intention is to export American ideology and values to the world.
Character experience
George Soros was born in Budapest, Hungary, on August 12, 1930.
In 1944, with the Nazi invasion of Budapest, Soros's happy childhood came to an end, and he began to escape with his family. It was a time full of danger and pain. Relying on his father's shrewdness and strength, with his fake ID card and the protection provided by kind-hearted people, their family finally escaped the disaster. Later, Soros said that 1944 was the happiest time in his life. He learned the skills of survival from the crisis of life and death. Two of these experiences were very helpful to his later investment career. First, don't be afraid of taking risks. Second, don't bet all your money when taking risks.
In 1947, he immigrated to England with his family. Soros, 17, left Hungary to seek development in advanced western countries. He went first to Bern, Switzerland, and then to London immediately. The original beautiful imagination of London has been shattered by the reality. This is not a world for the poor, but a paradise for the rich. He can only rely on odd jobs to make a living, life without any fun and novelty.
In 1949, in order to change his fate, Soros was admitted to the London School of economics. Soros took the course of James Edward Meade, the winner of the Nobel Prize in economics in 1977. Although Meade is very famous, Soros did not think he learned anything from it. What he likes is another liberal philosopher, Karl Popper, who encourages him to think seriously about the way the world works and to explain it as philosophically as possible. This has laid a solid foundation for Soros to establish a new theory of financial market operation.
In 1952, he received a bachelor's degree in philosophy from the London School of economics.
In 1953, he entered the financial industry and engaged in arbitrage activities of gold and other commodities and stocks.
In 1956, he moved to the United States and worked as a trader in New York, where he was responsible for trading stocks.
1963
，
Soros began to work for ahold brechard, an American company that mainly deals in foreign securities trading. Soros was employed as an analyst. At first, he was mainly engaged in foreign securities analysis. Because of his network in Europe and his ability to speak many European languages, including French and German, Soros naturally became a pioneer in this field.
In 1969, double eagle fund was established for Arnhold & S. bleichroeder, an investment management company.
In 1973, Soros Fund Management was founded.
In 1973, Soros and his assistant Rogers left bleichroeder to set up Soros Fund Management Company. When the company started, there were only three people: Soros was a trader, Rogers was a researcher, and one was a secretary.
1975
，
George Soros began to stand out in the wall street community. His ability to make money attracted people's attention.
In 1979, the first foundation, the open society fund, was founded. At that time, it was worth about $25 million.
1979
，
Soros decided to change the name of the company to Quantum Fund, based on Heisenberg's uncertainty law of quantum mechanics.
In 1988, he hired Druckenmiller to handle daily transactions, and Soros focused on charity work.
In 1992, he bet on the devaluation of the pound and made a profit of $1 billion.
In 1997, the attack on the Thai baht and the Hong Kong dollar triggered the Asian financial crisis.
In 1997, he entered Russia for investment.
In 2000, Druckenmiller lost his job in the bubble of the tech network, and Soros later entrusted more capital to the portfolio manager.
In 2007, the U.S. subprime mortgage crisis accelerated, and Soros returned home. In the same year, quantum fund's return reached 32%. In 2008, it recorded another 8% return, outperforming the overall fund industry's average decline of 19%.
In 2011, it ranked 46th on the Forbes Global rich list, with a wealth of US $14.5 billion.
On July 27, 2011, George Soros announced the end of more than 40 years of hedge fund manager career. His fund management company with a total amount of $25.5 billion will also return funds to external investors. He returned all his clients' money and concentrated on his family fund.
In 2012, short yen to earn at least $1 billion.
On September 22, 2013, Soros married a Japanese woman, tomiko Bolton. This love affair has attracted much attention in the social circle. Soros even spared no effort to hold a three-day color themed wedding banquet. This is the third marriage in Soros's life.
On January 22, 2015, George Soros announced his ultimate retirement at the dinner of Davos Economic Forum, leaving the family fund in the charge of investment director Scott bessent. In the future, he will no longer manage investment and will push forward philanthropy.
In December 2018, George Soros was named FT's person of the year in 2018.
Major honors
He won the Dayton Peace Prize, which was named after the Dayton peace agreement signed in 1995 to end the civil war in Bosnia and Herzegovina.
The economist called it
“
The man who broke the Bank of England
”
.
In 1992, Soros's fund grew by 67.5%. He also topped the financial world magazine's list of Wall Street revenues (a record that has been kept up to now) with a net income of $650 million.
Ranked 178 on the Forbes Global list of billionaires in 2019.
On February 26, 2020, with a fortune of 60 billion yuan, it ranked 226th in the 2020 Shimao Shenzhen Hong Kong International Center · Hurun global rich list.
On April 7, 2020, George Soros ranked 162nd on the Forbes 2020 global billionaire list with a fortune of US $8.3 billion.
In 2020, George Soros ranked 56th on the Forbes 2020 list of the richest Americans with a fortune of 8.6 billion US dollars.
Main achievements
Investment case
1960
，
For the first time, Soros conducted a successful experiment in foreign financial markets. Through the survey, Soros found that the price of Allianz's shares was greatly reduced compared with the value of its assets due to the rise of Allianz's stock and real estate business, so he suggested that people buy Allianz's shares. Morgan guarantee and Dreyfus bought a large stake in Allianz. But others didn't believe it. In fact, Soros was right. The value of Allianz's shares tripled. Soros is famous.
In 1973, Egypt and Syria invaded Israel on a large scale, and Israel was defeated because of its backward weapons. From this war, Soros thought that the weapons and equipment of the United States may also be out of date, and the U.S. Department of defense may spend a lot of money to re equip the army with new weapons. So Soros Fund began to invest in stocks of companies with a large number of DoD order contracts, which brought huge profits to Soros Fund.
The world's largest investor, in partnership with "commodity king" Jim Rogers, set up the "quantum fund", which has made more than $2 billion and is known as the "quantum fund"
Chinese PinYin : Qiao Zhi
George
