George Soros was born in Budapest, Hungary, on August 12, 1930.
In 1944, with the Nazi invasion of Budapest, Soros's happy childhood came to an end, and he began his escape career with his family.
It was a time full of danger and pain. Thanks to his father's shrewdness and strength, as well as fake IDs and the shelter provided by well-wishers, the family finally escaped the disaster.
Soros later said that 1944 was the happiest time in his life. He learned survival skills from life and death crises. Two of these experiences were very helpful to him in his subsequent speculation career. The first is not to be afraid of taking risks.
, The second is not to bet all your belongings when taking risks.
In 1947, he immigrated to the UK with his family.
The 17-year-old Soros left Hungary and prepared to seek development in advanced Western countries.
He went first to Bern, Switzerland, and then immediately to London.
The original beautiful imagination of London was shattered by reality. This is not a world for the poor, but a paradise for the rich.
He can only make ends meet by doing odd jobs, and his life is devoid of any fun or freshness.
In 1949, in order to change his destiny, Soros was admitted to the London School of Economics.
Soros took a course taught by John Mead, the 1977 Nobel Prize winner in economics. Although Mead was very famous, Soros felt that he did not learn anything from it.
He was attracted to another liberal philosopher, Karl Popper, who encouraged him to think seriously about the way the world worked and to explain it as philosophically as possible.
This laid a solid foundation for Soros to establish a new theory of the operation of financial markets.
In 1952, he obtained a bachelor's degree in philosophy from the London School of Economics.
In 1953, he entered the financial industry and engaged in arbitrage activities in commodities such as gold and stocks.
In 1956, he moved to the United States and worked as a trader in New York, responsible for buying and selling stocks.
In 1963, Soros began working at Ehold Brechild & Co., an American company primarily engaged in the trading of foreign securities.
Soros was hired as an analyst, and initially he focused on foreign securities analysis.
Because of his network of contacts in Europe and his ability to speak multiple European languages, including French and German, Soros was a natural pioneer in this field.
In 1969, Double Eagle Fund was established for investment management company Arnhold & S. Bleichroeder.
In 1973, he founded Soros Fund Management.
In 1973, Soros and his assistant Rogers left Bleichroeder to set up their own business, and together they founded Soros Fund Management Company.
When the company first started, there were only three people: Soros as a trader, Rogers as a researcher, and one person as a secretary.
In 1975, George Soros began to gain prominence in the Wall Street community.
His ability to make money attracted people's attention.
In 1979, he established his first foundation, the Open Society Fund, with a net worth of approximately US$25 million at the time.
In 1979, Soros decided to change the company's name to Quantum Fund, derived from Heisenberg's uncertainty law in quantum mechanics.
In 1988, Druckenmiller was hired to handle day-to-day transactions while Soros focused on charity work.
In 1992, he made a profit of US$1 billion betting on the devaluation of the British pound.
In 1997, attacks on the Thai baht and Hong Kong dollar triggered the Asian financial crisis.
In 1997, it entered Russia for investment.
In 2000, Druckenmiller resigned after losing money in the dot-com bubble, and Soros subsequently entrusted more funds to portfolio managers.
In 2007, the U.S. subprime mortgage crisis accelerated and Soros returned to take charge. In the same year, the Quantum Fund returned 32%. In 2008, it recorded another 8% return, outperforming the overall fund industry's average decline of 19%.
In 2011, he ranked 46th on the Forbes list of the world's richest people, with a net worth of US$14.5 billion.
On July 27, 2011, George Soros announced the end of his more than 40-year career as a hedge fund manager. The fund management company under his control, with a total of US$25.5 billion, would also return funds to external investors.
He returned all client funds and concentrated on taking care of his family fund.
In 2012, shorting the Japanese yen made at least US$1 billion.
On September 22, 2013, Soros married Tamiko Bolton, a Japanese woman.
This long-lasting relationship has attracted much attention from the social world, and Soros even spent a lot of money to hold a three-day color-themed wedding banquet. This is Soros's third marriage in his life.
On January 22, 2015, George Soros announced his final retirement at the Davos Economic Forum dinner and handed over the family fund to investment director Scott Bessent.
From now on, he will no longer manage investments and will fully promote philanthropy.