George Soros (born August 12, 1930, as Schwartz Gyorgy) is a Hungarian-American business magnate, investor, and philanthropist. He is the chairman of Soros Fund Management. Soros supports progressive-liberal causes. He is known as "The Man Who Broke the Bank of England" because of his US$1 billion in investment profits during the 1992 Black Wednesday UK currency crisis. Between 1979 and 2011, Soros gave away over $8 billion to human rights, public health, and education causes. He played a significant role in the peaceful transition from communism to capitalism in Hungary (1984-89), and provided Europe's largest higher education endowment to Central European University in Budapest. Soros is also the chairman of the Open Society Institute. Soros was born in Budapest, Hungary to a well-to-do, nonobservant Jewish family. His mother Elizabeth (also known as Erzebet), whom Tivadar married in 1924, came from a family that owned a thriving silk shop.
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