George Soros (/ˈsɔːroʊs/[5] or /ˈsɔːrɒs/; Hungarian: Soros György, pronounced [ˈʃoroʃ ˈɟørɟ]; born August 12, 1930) is a Hungarian-American business magnate,[6][7]investor, philanthropist, political activist, and author.[a] He is chairman of Soros Fund Management. He is known as "The Man Who Broke the Bank of England" because of his short sale of US$10 billion worth of Pound sterling, making him a profit of $1 billion during the 1992 Black Wednesday UK currency crisis.[10][11] Soros is one of the 30 richest people in the world.[12]
Soros is a well-known supporter of American progressive and American liberalpolitical causes.[13] Between 1979 and 2011 Soros donated more than $11 billion to various philanthropic causes.[14][15] He played a significant role in the peaceful transition from communism to capitalism in Eastern Europe in the late 1980s and early 1990s,[10] and provided one of Europe's largest higher education endowments to the Central European University in Budapest.[16] Soros is also the chairman of the Open Society Foundations.
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