Robert Soros

Career

Soros began his career working at his father's firm, Soros Fund Management. His first employment at the firm was brief and he left to work at a variety of other organizations, including the German bank Schröder, Münchmeyer, Hengst & Co. He returned to work at his father's firm in 1994.

In 2000, George Soros announced that he will be rolling back his involvement in his firm and appointed Robert Soros as interim chief executive. In October 2001, William Stack was appointed chief executive of Soros Fund Management to replace Robert Soros, who was named deputy chairman. In 2004, Soros was named chief investment officer (CIO) in addition to deputy chairman of the firm which at the time managed $12.8 billion in assets. Soros was in charge of the Quantum Endowment Fund, an investment portfolio managing $8.3 billion in assets. He held the CIO position for two years while continuing to make personal investments as well as trade stocks, bonds, currencies and commodities. Soros stopped trading for the firm in 2012 and continued to manage his own investments.

Soros Fund Management had $26 billion in assets under management by June 2017 when Soros stepped down as deputy chairman and president to start Soros Capital Management. A family office based in New York, his firm was a major backer of the Japanese deferred online payment service Paidy, which was acquired by PayPal for $2.7 billion in 2021.

Personal life

On May 5, 1992, Soros married Melissa Robin Schiff at the Temple Emanu-El in New York City. They filed for divorce in 2014. In June 2021, Soros married Jamie Singer Soros, the CEO and founder of Ussie.

Soros is an avid competitive sailor.