George Soros

About George Soros

George Soros (born August 12, 1930) is a Hungarian-American billionaire investor and philanthropist. He is the founder of Soros Fund Management, which at its peak managed over $25 billion, and is considered one of the most successful investors in history. Soros is best known for "breaking the Bank of England" on Black Wednesday in 1992, when he shorted the British pound and made an estimated $1 billion profit in a single day. This trade demonstrated his bold approach to macro investing and his willingness to make large, concentrated bets when he had conviction. His investment philosophy is based on the concept of "reflexivity" – the idea that market participants' biased views can influence fundamentals, creating feedback loops that drive prices away from equilibrium. This philosophical framework, influenced by Karl Popper, distinguishes his approach from traditional efficient market theories. Beyond investing, Soros has donated over $32 billion to philanthropic causes through the Open Society Foundations, making him one of the largest philanthropists in history. His foundations support democracy, human rights, and education worldwide.