We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence. Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover.
How We Make Money.
The offers that appear on this site are from companies that compensate us. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories. But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you.
At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict , this post may contain references to products from our partners. Here’s an explanation for .
Editorial Integrity
Bankrate follows a strict editorial policy, so you can trust that we’re putting your interests first. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions.
Key Principles
We value your trust. Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. Our editors and reporters thoroughly fact-check editorial content to ensure the information you’re reading is accurate. We maintain a firewall between our advertisers and our editorial team. Our editorial team does not receive direct compensation from our advertisers.
Editorial Independence
Bankrate’s editorial team writes on behalf of YOU – the reader. Our goal is to give you the best advice to help you make smart personal finance decisions. We follow strict guidelines to ensure that our editorial content is not influenced by advertisers. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. So, whether you’re reading an article or a review, you can trust that you’re getting credible and dependable information.
How We Make Money
You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life’s financial journey.
Bankrate follows a strict editorial policy, so you can trust that our content is honest and accurate. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. The content created by our editorial staff is objective, factual, and not influenced by our advertisers.
We’re transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money.
Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range can also impact how and where products appear on this site. While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service.
George Soros, the world’s richest hedge fund manager and founder of Soros Fund Management LLC, is a self-made man. As a boy, he survived the Nazi occupation of Hungary. And as a teenager, he fled the communist regime by moving to London in 1947, where he worked as a railway porter and waiter and earned a degree at the London School of Economics. At age 26, Soros moved to the U.S. and became a trader for a Wall Street brokerage firm. His success on Wall Street influenced his decision to stay in the world of finance, and in 1973 he started the now famous Soros Fund Management. Still an investing heavyweight, Soros’ net worth has sailed over $24 billion, making him one of the richest people on the planet. In fact, he was ranked No. 23 on Forbes’ list of the world’s billionaires in 2016. Perhaps one of the biggest contributors to his wealth is the bet he made against the Bank of England. Indeed, he’s known as the man who broke the Bank of England in 1992 when he made $1 billion by betting the bank would be forced to devalue the pound.
FREE TOOL: You can use Bankrate’s net worth calculator to see how you compare to Soros’ net worth.
What he’s up to now
Soros has long been a philanthropist. He’s the founder and chairman of Open Society, a network of foundations, partners and projects. Soros’ organization is a proponent of human rights and supports the values of an open society and transparency in place of authoritarian forms of government. It operates in more than 100 countries.
Soros has also become somewhat political, providing funding for immigration reform efforts and programs for end-of-life care. In his spare time, Soros has written several books, articles and essays about politics, society and economics. “My success in the financial markets has given me a greater degree of independence than most other people,” Soros once wrote. “This allows me to take a stand on controversial issues: In fact, it obliges me to do so because others cannot.”
Accolades
Soros has racked up quite the list of accomplishments. He received the International Rescue Committee’s Freedom Award in 2013 for promoting human rights, social justice and democracy. And in 2015, the Ukrainian president honored him with Ukraine’s Order of Liberty for helping to promote democratic change.
Share