Robert Soros Biography
Robert Soros is an investor from the United States who is the founder of Soros Capital Management. He then established Soros Capital Management, a New York-based family office.
How old is Robert Soros? – Age
He is 59 years old as of 2022. He was born in 1963 in New York, New York, United States. His real name is Robert Daniel Soros.
Robert Soros Family
He is the eldest son of billionaire investor George Soros, who founded Soros Fund Management. Robert was a student at Choate Rosemary Hall in Wallingford, Connecticut. His three siblings include; siblings are Andrea Soros, Jonathan Soros, and Robert Soros. He later earned a degree in English literature from New York University in 1986.
Is George Soro married? – Wife
Soros married Melissa Robin Schiff on May 5, 1992, at the Temple Emanu-El in New York City. In 2014, they filed for divorce. Soros married Jamie Singer Soros, the CEO, and founder of Ussie, in June 2021.
Does George Soros own Bitcoin?
Soros Fund Management, George Soros’ asset management firm, owns bitcoin.
Robert Soros Career
Soros began his career at Soros Fund Management, his father’s firm. His first stint at the firm was brief, and he moved on to work for a number of other companies, including the German bank Schröder, Münchmeyer, Hengst & Co. In 1994, he returned to his father’s firm.
In 2000, George Soros announced that he would be reducing his involvement in his firm and named Robert Soros as interim CEO. William Stack was appointed CEO of Soros Fund Management in October 2001, succeeding Robert Soros, who was named deputy chairman. Soros was named chief investment officer (CIO) and deputy chairman of the firm, which managed $12.8 billion in assets at the time, in 2004.
Soros was in charge of the Quantum Endowment Fund, a $8.3 billion investment portfolio. He was CIO for two years while still making personal investments and trading stocks, bonds, currencies, and commodities. Soros left the firm in 2012 but continued to manage his own investments.
What fund does George Soros own?
In 1970, he established Soros Fund Management, a New York-based hedge fund that now operates as a family office. In 2010, it was regarded as one of the most prominent and profitable hedge funds on Wall Street.
According to Q1 2022 securities filings, Soros Fund Management manages a $6.5 billion 13F portfolio with investments in real estate, information technology, healthcare, finance, consumer discretionary, and communications. Soros Fund Management purchased 53 new stocks in the first fiscal quarter of 2022, made additional purchases in 31 securities, discarded 59 stocks entirely, and reduced positions in 24 companies. The hedge fund’s top ten holdings account for 48.93% of its total assets. The TJX Companies, Inc. (NYSE:TJX), Shell plc (NYSE:SHEL), and Zynga Inc. were the hedge fund’s top purchases in the first quarter (NASDAQ:ZNGA). BP p.l.c. (NYSE:BP), Booking Holdings Inc. (NASDAQ:BKNG), and Lyft, Inc. (NASDAQ:LYFT), among others, were sold.
The most notable stock picks from the first fiscal quarter of 2022 by Soros Fund Management included Amazon.com, Inc. (NASDAQ:AMZN), Alphabet Inc. (NASDAQ:GOOG), and Salesforce, Inc. (NYSE:CRM); however, in this article, we discuss the stocks sold by billionaire George Soros’ fund in 2022.
Robert Soros Net Worth
He has an estimated net worth of $8.6 billion.