|
Soros
George Soros ( name written in eastern order), (born György Schwartz, August 12, 1930) is a Hungarian-American businessman and philanthropist. , he had a net worth of US$8.6 billion, Note that this site is updated daily. having donated more than $32 billion to the Open Society Foundations, of which $15 billion has already been distributed, representing 64% of his original fortune. ''Forbes'' called him the "most generous giver" (in terms of percentage of net worth). Born in Budapest to a non-observant Jewish family, Soros survived the Nazi occupation of Hungary and moved to the United Kingdom in 1947. He studied at the London School of Economics and was awarded a BSc in philosophy in 1951, and then a Master of Science degree, also in philosophy, in 1954. Soros began his business career by taking various jobs at merchant banks in the United Kingdom and then the United States, before starting his first hedge fund, Double Eagle, in 1969. Profits from his first fund furnishe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jonathan Soros
Jonathan Tivadar Soros (born September 10, 1970) is the founder and chief executive officer of JS Capital Management LLC, a private investment firm. Prior to that, Soros worked at Soros Fund Management in daily operations and was co-deputy chairman of the organization. He has been a prominent donor to Democratic and progressive political causes. Soros started the Friends of Democracy PAC, now merged into Every Voice, to push for campaign finance reform and the abolition of the electoral college. Early life and education Soros's parents are Annaliese Witschak and business magnate George Soros, who divorced in 1981. He is the brother of Andrea and Robert Soros and half-brother of Gregory and Alexander, from his father's second marriage to Susan Weber. He graduated from Wesleyan University in Connecticut in 1992. He received a Master of Arts in public policy at Harvard University's Kennedy School of Government and a Juris Doctor from Harvard Law School. Career Early career ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Soros Fund Management
Soros Fund Management, LLC is a private American investment management firm. It is currently structured as a family office, but formerly as a hedge fund. The firm was founded in 1970 by George Soros and, in 2010, was reported to be one of the most profitable firms in the hedge fund industry, averaging a 20% annual rate of return over four decades. It is headquartered at 250 West 55th Street in New York. Overview Soros Fund Management is the primary adviser for the Quantum Group of Funds; a family of funds dealing in international investments. The company invests in public equity and fixed income markets worldwide, as well as foreign exchange, currency, and commodity markets, and private equity and venture capital funds. The company is reported to have large investments in transportation, energy, retail, financial, and other industries. Robert Soros stepped down as deputy chairman and president in June 2017. David Milich assumed most of his duties. In 2017, Dawn Fitzpatrick r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Open Society Foundations
Open Society Foundations (OSF), formerly the Open Society Institute, is a Grant (money), grantmaking network founded and chaired by business magnate George Soros. Open Society Foundations financially supports civil society groups around the world, with a stated aim of advancing justice, education, public health and independent media. The group's name was inspired by Karl Popper's 1945 book ''The Open Society and Its Enemies''.. As of 2015, the OSF had branches in 37 countries, encompassing a group of country and regional foundations, such as the Open Society Initiative for West Africa, and the Open Society Initiative for Southern Africa; its headquarters are at 224 West 57th Street in New York City. In 2018, OSF announced it was closing its European office in Budapest and moving to Berlin, in response to legislation passed by the Hungarian government targeting the foundation's activities. As of 2021, OSF has reported expenditures in excess of $16 billion since its establishment ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paul Soros
Paul Soros ( hu, Soros Pál; born Pál Schwartz; June 5, 1926 – June 15, 2013) was a Hungarian-born American mechanical engineer, inventor, businessman and philanthropist. Soros founded Soros Associates, which designs and develops bulk handling and port facilities. Soros Associates currently operates in ninety-one countries worldwide, as of 2013. Paul Soros, often called "the invisible Soros", was the older brother of George Soros, a businessman and financier. Early life Soros was born Pál Schwartz on June 5, 1926, in Budapest, Hungary, to Tivadar Schwartz, a lawyer and author, and Erzsébet Szűcs, the daughter of the owner of a fabric store. His father had been captured by the Russians during World War I and held in a detention camp in Siberia. Soros was also a native speaker of Esperanto, a constructed language. Tivadar Soros changed the family's surname from Schwartz to Soros in 1936 to escape antisemitism and the expansion of Nazism in Europe. Tivadar Soros forged paperw ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alexander Soros
Alexander Soros (born October 27, 1985) is a son of George Soros. He is Deputy Chair of the Open Society Foundations and one of the World Economic Forum's Young Global Leaders of 2018. Early life and education Alexander Soros is the son of billionaire George Soros and Susan Weber Soros. He was raised in Katonah, New York and has a younger brother, Gregory. Alex attended King Low Heywood Thomas in Stamford, Connecticut. He graduated from New York University in 2009, and in 2018 graduated with a PhD in History from the University of California, Berkeley. Philanthropy Soros established himself as a philanthropist with his first major contribution to the Jewish Funds for Justice. According to a 2011 profile in ''The Wall Street Journal'', Soros' focus is on "progressive causes that might not have widespread support." Since then, he has joined the board of directors of organizations including Global Witness (as an advisory board member), which campaigns against environmental and huma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reflexivity (social Theory)
In epistemology, and more specifically, the sociology of knowledge, reflexivity refers to circular relationships between cause and effect, especially as embedded in human belief structures. A reflexive relationship is bidirectional with both the cause and the effect affecting one another in a relationship in which neither can be assigned as causes or effects. Within sociology more broadly—the field of origin—reflexivity means an act of self-reference where examination or action "bends back on", refers to, and affects the entity instigating the action or examination. It commonly refers to the capacity of an agent to recognise forces of socialisation and alter their place in the social structure. A low level of reflexivity would result in individuals shaped largely by their environment (or "society"). A high level of social reflexivity would be defined by individuals shaping ''their own'' norms, tastes, politics, desires, and so on. This is similar to the notion of autonomy. ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Susan Weber (historian)
Susan Weber (born 1954) is an American historian. She is the founder and director of the Bard Graduate Center (BGC) for studies in the decorative arts, design history, and material culture affiliated with Bard College in Dutchess County, New York. She was previously married to George Soros. Early life and education Susan Weber was born in Brooklyn, New York City, the daughter of Iris and Murray Weber. Her father was a manufacturer of shoe accessories; her mother was a housewife. Her father was born in New York City to parents who had emigrated from Russia. Her mother passed on her fondness for the decorative arts. She grew up in the New York City area in a non-observant Jewish household; summing up her upbringing, Weber stated: "We were cultural Jews." She attended an Episcopalian high school in Brooklyn and graduated from Barnard College of Columbia University with a degree in art history. In 1990, she earned a master's degree from Cooper-Hewitt/Parsons. She also studied at ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Quantum Fund
The Quantum Group of Funds are privately owned hedge funds based in London, New York, Curaçao (Kingdom of the Netherlands) and Cayman Islands. They are advised by George Soros through his company Soros Fund Management. Soros started the fund in 1973 in partnership with Jim Rogers. The shareholders of the funds are not publicly disclosed although it is known that the Rothschild family and other wealthy Europeans put $6 million into the funds in 1973. In 1987, the funds lost $800 million on Japanese stocks shortly before the October 19, 1987 stock market crash. In 1992, the lead fund, Soros' Quantum Fund, became famous for 'breaking' the Bank of England, forcing it to devalue the pound. Soros had bet his entire fund in a short sale on the ultimately fulfilled prediction that the British currency would drop in value, a coup that netted him a profit of $1 billion, also known as Black Wednesday. In 1997, Soros was blamed for forcing sharp devaluations in Southeast Asian currenci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Black Wednesday
Black Wednesday (or the 1992 Sterling crisis) occurred on 16 September 1992 when the UK Government was forced to withdraw sterling from the European Exchange Rate Mechanism (ERM), after a failed attempt to keep its exchange rate above the lower limit required for the ERM participation. At that time, the United Kingdom held the Presidency of the Council of the European Union. The crisis damaged the credibility of the second Major ministry in handling of economic matters. The ruling Conservative Party suffered a landslide defeat five years later at the 1997 United Kingdom general election and did not return to power until 2010. The rebounding of the UK economy in the years after Black Wednesday has been attributed to the fall in the value of sterling and the replacement of the ERM with an inflation targeting monetary stability policy. Prelude When the ERM was set up in 1979, the United Kingdom declined to join. This was a controversial decision, as the Chancellor of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hedge Fund
A hedge fund is a pooled investment fund that trades in relatively liquid assets and is able to make extensive use of more complex trading, portfolio-construction, and risk management techniques in an attempt to improve performance, such as short selling, leverage, and derivatives. Financial regulators generally restrict hedge fund marketing to institutional investors, high net worth individuals, and accredited investors. Hedge funds are considered alternative investments. Their ability to use leverage and more complex investment techniques distinguishes them from regulated investment funds available to the retail market, commonly known as mutual funds and ETFs. They are also considered distinct from private equity funds and other similar closed-end funds as hedge funds generally invest in relatively liquid assets and are usually open-ended. This means they typically allow investors to invest and withdraw capital periodically based on the fund's net asset value, whereas pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London School Of Economics
, mottoeng = To understand the causes of things , established = , type = Public research university , endowment = £240.8 million (2021) , budget = £391.1 million (2020–21) , chair = Susan Liautaud , chancellor = The Princess Royal(as Chancellor of the University of London) , director = The Baroness Shafik , head_label = Visitor , head = Penny Mordaunt(as Lord President of the Council '' ex officio'') , students = () , undergrad = () , postgrad = () , city = London , country = United Kingdom , coor = , campus = Urban , free_label = Newspaper , free = '' The Beaver'' , free_label2 = Printing house , free2 = LSE Press , co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Short (finance)
In finance, being short in an asset means investing in such a way that the investor will profit if the value of the asset falls. This is the opposite of a more conventional "long" position, where the investor will profit if the value of the asset rises. There are a number of ways of achieving a short position. The most fundamental method is "physical" selling short or short-selling, which involves borrowing assets (often securities such as shares or bonds) and selling them. The investor will later purchase the same number of the same type of securities in order to return them to the lender. If the price has fallen in the meantime, the investor will have made a profit equal to the difference. Conversely, if the price has risen then the investor will bear a loss. The short seller must usually pay a fee to borrow the securities (charged at a particular rate over time, similar to an interest payment), and reimburse the lender for any cash returns such as dividends that were due ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
.png "Click for more on -> Short (finance)")