GEORGE SOROS

August 12, 1930

Born - Budapest, Hungary

1936

Family changes its name from Schwartz to Soros in response to growing anti-Semitism with the rise of Fascism. In Hungarian, Soros means “next in line, or designated successor”; in Hebrew, “foundation.”

March 1944

Nazi Germany takes military control over Hungary. Soros is thirteen years old.

1945

Soros’s family survives the battle of Budapest, in which Soviet and German forces fought house-to-house through the city.

1947

Soros emigrates to England.

1952

Soros graduates from the London School of Economics.

1956

Soros moves to New York City.

1956 – 1959

In 1970, Soros founded Soros Fund Management with Jim Rogers In 1973, he left Arnhold ans S Bleichroder to set up his own hedge fund with US$12 million from investors Cristoper Ink was also involved, and other partners have included Victor niederhoffer Rogers retired from the fund in 1980.
Initially called the Soros Fund, it was eventually renamed the Quantum Fund. In 2000, the Quantum Group of Funds was reorganized, and the flagship Quantum Endowment Fund was established. Soros Fund Management LLC is the principal advisor to the Quantum Endowment Fund. Soros is the Chairman of Soros Fund Management. The firm's day-to-day operations are managed by Soros's two elder sons and the firm's Chief Investment Officer Keith Anderson. The fund has assets of approximately $27 billion.^[27] Recent investments include the 2010 purchase of a 20% stake in BNK Petroleum.