Born in Budapest, he survived Nazi Germany-occupied Hungary and emigrated to England in 1947. He attended the London School of Economics graduating with a bachelor's and eventually a master's in philosophy. He began his business career by taking various jobs at merchant banks in England and then the United States, before starting his first hedge fund, Double Eagle, in 1969.
His early studies of philosophy led him to develop and apply Karl Popper's General Theory of Reflexivity to capital markets, which he claims renders him a clear picture of asset bubbles and fundamental/market value of securities, as well as value discrepancies used for shorting and swapping stocks.[17]
He is a well-known supporter of American progressive and American liberal political causes and dispenses his donations through his foundation, the Open Society Foundations.
Net Worth:
George Soros Net Worth: $100 Million
George Soros's Income / Salary:
Per Year: $20 Million
Per Month: $2 Million
Per Week: $500,000
Per Day: | Per Hour: | Per Minute: | Per Second: |
$70,000 | $3,000 | $50 | $1.00 |
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