George Soros (Hungarian: Soros György; born August 12, 1930, asSchwartz György) is a Hungarian-born Americanbusiness magnate, investor, and philanthropist. He is the 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 pounds, giving him a profit of $1 billion during the 1992 Black Wednesday UK currency crisis.
Soros is a well-known supporter of progressive-liberal political causes. He played a significant role in the peaceful transition from communism to capitalism in Hungary (1984–89) and provided one of Europe’s largest higher education endowments to Central European University in Budapest. Soros is also the chairman of the Open Society Foundations.