George Soros - Guru Investor

George Soros is the son of the Esperanto writer Tivadar Soros. Soros was born in Hungary and lived there until 1946, when he escaped the Soviet occupation by participating in an Esperanto youth congress in the West. (Soros was taught to speak the language from birth.) As a young man, Soros traded currencies in the black market in Hungary during the second world war. Soros was fourteen when the Germans took military control over their ally Hungary in the last part of the war, and he avoided the fate of many Jews as the grandson of a Hungarian official working for the Nazis, overseeing the confiscation of Jewish properties, who was assisted by his son-in-law, Tivadar Soros.

Soros emigrated to England in 1947 and graduated from the London School of Economics in 1952. In 1956 he moved to the United States. He has stated that his intent was to earn enough money on Wall Street to support himself as an author and philosopher. His net worth reached an estimated $11 billion!

Soros is the founder of Soros Fund Management. In 1969 he co-founded the Quantum Fund with Jim Rogers. It returned more than 4000% during the next ten years, and created the bulk of the Soros fortune.

If you had invested $1,000 with George Soros in his Quantum Fund when he started in 1969, you would have found yourself worth $4 million by the new millennium. That 32% annual return earned George Soros legendary status as a trader and speculator, as well as the attention of governments and markets around the world. 

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