George Soros

  • Hungarian businessman. Jewish; original family name is Schwartz.
  • Net worth estimated at $11B.
  • A man of enormous wealth and ability to deploy it in unexpected ways.
  • Partner in the Carlyle Group.
  • Was the owner of Harken Energy, and bought its declining shares so that George W Bush could make a million dollars. His reason to do that: "political influence."
  • As currency speculator, cost the UK a billion dollars in one day.
  • Hated by Lyndon LaRouche.
  • Member, Council on Foreign Relations.

Timeline

12 Aug 1930

George Soros born, Budapest Hungary.

1944

Hides for a year from the Nazis, after they invade Hungary.

1947

Leaves Hungary for Britain to attend London School of Economics.

1956

Moves to United States.

1969

Establishes Quantum Fund, and dabbles in currency manipulation. Average return of that fund is an astonishing 35% per year, since its inception.

1979

Establishes Open Society Fund, New York City.

16 Sep 1992

In a brazen act of currency speculation, places a hedge bet that the UK will devalue the Pound Sterling. In September this nets him $1B in a single day.

1995

Appointed director, Council on Foreign Relations.

1997

Attacks the currencies of Thailand and Malaysia. A Thai source said: "We regard George Soros as a kind of Dracula. He sucks blood from the people." [Heather Coffin, Covert Action Quarterly.]

2002

Convicted of insider trading, with regards to the stock of a French bank in 1988. Fined $2M.

Nov 2002

Soros is the primary sponsor of Nevada's ballot initiative to legalize marijuana.

12 Sep 2003

"If you impose morality on [business], it means that you are actually with your hands tied behind your back and you're not going to be successful. It's extremely hard to be successful." Interview, David Brancaccio, Now with Bill Moyers.

7 Nov 2003

Moscow offices of the Soros Foundation stormed by forty armed men who seize papers and seal the building, after Soros criticized the recent jailing of one of Russia's oligarchs, Mikhail Khodorkovsky of oil company Yukos. The building's owner claims rent was not being paid, an unlikely explanation.

31 Mar 2004

While appearing at a human rights conference in Kiev, Ukraine, George Soros is splattered with water and mayonnaise by two members of the radical nationalist group, Bratstvo.


 

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