George Soros Net Worth

George Soros has an estimated net worth of $8.6 billion, according to Forbes Real-Time Billionaires, George Soros profile (figures as of October 20, 2026). That is up from $8.3 billion in 2019.

George Soros is a U.S. investor known for hedge funds and major currency trades. He studied philosophy at the London School of Economics, then started in merchant banking in London before moving to New York in 1956. He later worked at F. M. Mayer, Wertheim & Co., and Arnhold and S. Bleichroeder. Those jobs built his experience in European securities and trading, and they set the stage for the fund business that made him rich.

His wealth came from the hedge funds he launched in 1969 and 1970. In 1969, he started Double Eagle with $4M from investors, including $250,000 of his own money. Profits from that fund helped provide seed money for Soros Fund Management in 1970. Double Eagle was later renamed Quantum Fund. Soros became known far outside finance in 1992, when he shorted the British pound and reportedly made $1 billion.

How George Soros built his fortune

Soros made his money in finance, mainly through hedge funds. After early roles in British and American merchant banks, he moved into trading and analysis centered on European stocks. He also developed the theory of reflexivity, a market idea tied to how investor views and prices can influence each other. In 1966, he began testing his trading approach with a fund backed by $100,000 of firm money.

The biggest shift came when he launched his own funds. He set up Double Eagle in 1969, then used its profits to help start Soros Fund Management in 1970. Quantum Fund became the main firm he advised, and by 2011 it had $25 billion in assets under management. Soros managed client money in New York from 1969 to 2011. One signature trade came in 1992, when his short against the British pound reportedly brought in $1 billion.

What Forbes says about his net worth

Forbes has tracked Soros among the richest people in finance for years. Its estimate was $8.3 billion in 2019 and $8.6 billion in 2021. The number then fell to $6.7 billion in 2023 before rising to $7.2 billion in 2025 and $7.5 billion in 2026. Forbes now puts him at $8.6 billion on its real-time billionaires tracker as of October 20, 2026.

One major money move in his later years came outside day-to-day fund management. As of 2018, Soros shifted $18 billion from his family office to Open Society Foundations. That means his public wealth story is tied not only to hedge fund performance, but also to how much capital he moved into philanthropy. Forbes identifies his wealth source as hedge funds, and places him in Finance & Investments.