Rupert Murdoch vs George Soros

Rupert Murdoch’s profile picture
George Soros’s profile picture
Chairman and CEO, News Corp
Founder, Soros Fund Management LLC
$15.62 Billion
Net worth 2018
$8 Billion
Media
Industry
Investments
Melbourne
Residence
Budapest, Hungary
United States
Country
United States
11/03/1931
BirthDay
12/08/1930
1.78 m
Height
1.75 m
6
Children
5
Bachelor of Arts / Science, Oxford University; Master of Arts, Oxford University
Education
Bachelor of Arts / Science, London School of Economics
NET WORTH STATISTIC
TIMELINE
2017

In July 2017, Soros was elected an Honorary Fellow of the British Academy (HonFBA), the United Kingdom's national academy for the humanities and social sciences

2015

A Russian intergovernmental letter released in December 2015 stated that Soros' charities were "forming a perverted perception of history and making ideological directives, alien to Russian ideology, popular

2014

In January 2014, Soros was ranked number 1 in LCH Investments list of top 20 managers having posting gains of almost $42 billion since the launch of his Quantum Endowment Fund in 1973

2013

In October 2013, Soros donated $25,000 to Ready for Hillary, becoming a co-chairman of the super PAC's national finance committee

2012

On September 27, 2012, Soros announced that he was donating $1 million to the super PAC backing President Barack Obama's reelection Priorities USA Action

2011

In October 2011, Soros drafted an open letter entitled "As concerned Europeans we urge Eurozone leaders to unite," in which he calls for a stronger economic government for Europe using federal means (Common EU treasury, common fiscal supervision, etc

2010

In October 2010, Soros donated $1 million to support California's Proposition 19

2009

In February 2009, Soros said the world financial system had in effect disintegrated, adding that there was no prospect of a near-term resolution to the crisis

2008

In 2008, he was inducted into Institutional Investors Alpha's Hedge Fund Manager Hall of Fame along with David Swensen, Louis Bacon, Steven Cohen, Kenneth Griffin, Paul Tudor Jones, Seth Klarman, Michael Steinhardt, Jack Nash, James Simmons, Alfred Jones, Leon Levy, Julian Roberston, and Bruce Kovner

2007

Time magazine in 2007 cited two specific projects—$100 million toward Internet infrastructure for regional Russian universities, and $50 million for the Millennium Promise to eradicate extreme poverty in Africa—noting that Soros had given $742 million to projects in the U

2006

In September 2006 Soros pledged $50 million to the Millennium Promise, led by economist Jeffrey Sachs to provide educational, agricultural, and medical aid to help villages in Africa enduring poverty

2005

In November 2005, Soros said: "My personal opinion is there's no alternative but to give Kosovo independence

2004

On September 28, 2004, he dedicated more money to the campaign and kicked off his own multistate tour with a speech: Why We Must Not Re-elect President Bush delivered at the National Press Club in Washington, D

2003

In 2003 former Federal Reserve chairman Paul Volcker wrote in the foreword of Soros's book The Alchemy of Finance:George Soros has made his mark as an enormously successful speculator, wise enough to largely withdraw when still way ahead of the game

2002

According to National Review Online the Open Society Institute gave $20,000 in September 2002 to the Defense Committee of Lynne Stewart, the lawyer who has defended controversial, poor, and often unpopular defendants in court and was sentenced to 2⅓ years in prison for "providing material support for a terrorist conspiracy" via a press conference for a client

2000

He received the Yale International Center for Finance Award from the Yale School of Management in 2000 as well as an honorary degree in economics from the University of Bologna in 1995, the oldest university in the world

1999

)In 1999, economiSt Paul Krugman was critical of Soros's effect on financial markets

1998

In 1998's The Crisis of Global Capitalism: Open Society Endangered Soros explained his role in the crisis as follows:The financial crisis that originated in Thailand in 1997 was particularly unnerving because of its scope and severity

1997

" In 1997, Soros closed his foundation in Belarus after it was fined $3 million by the government for "tax and currency violations

1995

United when the league was founded in 1995, but the group lost these rights in 2000

1994

" In 1994, Soros delivered a speech in which he reported that he had offered to help his mother, a member of the Hemlock Society, commit suicide

1992

On October 26, 1992, The Times quoted Soros as saying: "Our total position by Black Wednesday had to be worth almost $10 billion

1990

Lenders began to make more money available to more people in the 1990s to buy houses

1989

In 1989, the Commission des Opérations de Bourse (COB—the French stock exchange regulatory authority) conducted an investigation of whether Soros's transaction in Société Générale should be considered insider trading

1988

In 1988, Soros was contacted by a French financier named Georges Pébereau who asked him to participate in an effort to assemble a group of investors to purchase a large number of shares in Société Générale, a leading French bank that was part of a privatization program (something instituted by the new government under Jacques Chirac)

1987

I did it first in The Alchemy of Finance (in 1987), then in The Crisis of Global Capitalism (in 1998), and now in this book

1984

Soros played a role in the peaceful transition from communism to democracy in Hungary (1984–89) and provided a substantial endowment to Central European University in Budapest

1983

They had three children:In 1983, George Soros married Susan Weber, twenty-five years his junior

1981

By 1981 the fund had grown to $400m, and then a 22% loss in that year and substantial redemptions by some of the investors reduced it to $200m

1980

Soros received honorary doctoral degrees from the New School for Social Research (New York), the University of Oxford in 1980, the Corvinus University of Budapest, and Yale University in 1991

1979

" From 1979, as an advocate of 'open societies', Soros financially supported dissidents including Poland's Solidarity movement, Charter 77 in Czechoslovakia and Andrei Sakharov in the Soviet Union

1974

It represented Kosovo, the Turkish Republic of Northern Cyprus (under military occupation by Turkey since 1974), Somaliland and the Polisario Front of Western Sahara

1973

Since its inception in 1973, the fund has generated $40 billion

1970

Soros has been active as a philanthropist since the 1970s, when he began providing funds to help black students attend the University of Cape Town in apartheid South Africa, and began funding dissident movements behind the Iron Curtain

1969

In 1969 Soros set up the Double Eagle hedge fund with $4m of investors' capital including $250,000 of his own money

1966

In 1966 he started a fund with $100,000 of the firm's money to experiment with his trading strategies

1963

He spent the years from 1963 to 1966 with his main focus on the revision of his philosophy dissertation

1954

In 1954, Soros began his financial career at the merchant bank Singer & Friedlander of London

1951

Soros earned a Bachelor of Science in philosophy in 1951, and a Master of Science in philosophy in 1954, both from the London School of Economics

1947

In 1947, Soros immigrated to England and became a student at the London School of Economics

1945

In 1945, Soros survived the Siege of Budapest in which Soviet and German forces fought house to house through the city

1944

Tivadar not only saved his immediate family but also many other Hungarian Jews, and George would later write that 1944 had been "the happiest [year] of his life," for it had given him the opportunity to witness his father's heroism

1936

In 1936 Soros's family changed their name from the German-Jewish Schwartz to Soros, as protective camouflage in increasingly antisemitic Hungary

1930

George Soros, Hon FBA (/ˈsɔːroʊs/, /ˈsɔːrɒs/; Hungarian: Soros György, pronounced [ˈʃoroʃ ˈɟørɟ]; born György Schwartz, August 12, 1930) is a Hungarian-American investor, business magnate, philanthropist, political activist and author