Net Worth: $20 Billion
- Source of Wealth Hedge funds (Soros Fund Management)
- George Soros Nationality Hungarian-American
Hungarian-American financier, businessman and notable philanthropist , George Soros, has a net worth of $20 billion as of March 2012, according to Forbes 400. The renowned hedge fund investor George Soros may be best known these days for his philanthropy and support of progressive causes. He has given away more than $8 billion since 1979 to human rights, public health and education groups. In 2010 he pledged $100 million to Human Rights Watch, in part to counteract America’s loss of the “moral high ground.” He’s also given away $150 million to Roma Rights (Gypsies). Manages $28 billion (assets) Quantum Fund, which was up 2.6% in 2010. Soros is partnering with private equity firm Silver Lake in new initiative to invest in clean energy. With Stanley Druckenmiller shorted England’s currency, “broke” British pound 1992; said to have made $1 billion in one day when Bank of England stopped fixing exchange rate. Soros was born on August 12, 1930 in Budapest, Kingdom of Hungary.
Charity Donations: $8 billion USD
Firm: Soros Fund Management (Private)