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George Soros' Ex-Wife, Annaliese Witschak: Charting Her Own Path to Empowerment

Published Wed Dec 20 2023 By prazu
George Soros' Ex-Wife, Annaliese Witschak: Charting Her Own Path to Empowerment

Annaliese Witschak is well-known for being the ex-wife of George Soros, a famous hedge fund manager and investor. Forbes recognized Soros as the most generous giver based on the percentage of his net worth that he has donated.

Annaliese Witschak Wiki/Bio

Annaliese Witschak was born on January 3, 1934, in the United States. She holds American nationality. 

Annaliese Witschak is well-known for being the ex-wife of George Soros, a famous hedge fund manager and investor.
Annaliese Witschak is well-known for being the ex-wife of George Soros, a famous hedge fund manager and investor. Photo Source: Famous Fix

As a German immigrant, Witschak became an orphan during World War II, and details about her parents are presently unavailable. Information regarding her siblings, cousins, and other family members is also not known. 

 However, given her age, it's likely Annaliese received an education unless there are specific circumstances indicating otherwise.

How Rich is Annaliese Witschak?

Annaliese Witschak's net worth isn't publicly known. Whereas, her former spouse, George Soros, has an estimated net worth of $6.7 billion as per Forbes

Soros, originally from Hungary and now an American tycoon, has openly stated that he has donated over $32 billion to the Open Society Foundations, with $15 billion already distributed. 

Annaliese Witschak Ex-Husbnad Career Highlights

George Soros' path into finance was a journey from various jobs to eventually landing in the world of banking. His career in finance commenced in 1954 at the merchant bank Singer & Friedlander in London. Initially working as a clerk, he later shifted to the arbitrage department. 

George Soros' path into finance was a journey from various jobs to eventually landing in the world of banking.
George Soros' path into finance was a journey from various jobs to eventually landing in the world of banking. Photo Source: Instagram

A colleague suggested Soros apply to F. M. Mayer, a brokerage house in New York. In 1956, George moved to New York, trading in European stocks that were gaining popularity among U.S. investors. 

After three years at F. M. Mayer, George joined Wertheim & Co. in 1959, planning a five-year stint to save $500,000 for further studies in philosophy back in England. During this time, he developed the theory of reflexivity, a concept stating that market values are influenced not just by economic fundamentals but also by participants' ideas and events, leading to cyclic market patterns. 

After his role at Wertheim & Co., George worked as a vice president at Arnhold and S. Bleichroeder from 1963 to 1973. However, business slowed due to changes in tax laws affecting his European trades. During this period, he revised his philosophy dissertation and initiated a fund with $100,000 from the firm to experiment with his trading strategies. 

In 1969, Soros established the Double Eagle hedge fund with $4 million in investor capital, a precursor to the Soros Fund. The fund grew to $12 million by 1973, forming the basis of the Soros Fund. 

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The Quantum Fund emerged in 1970 under Soros Fund Management's leadership, where figures like Jim Rogers, Stanley Druckenmiller, and George's sons held key roles. Over time, the fund faced fluctuations, growing to $400 million in 1981 but declining to $200 million after a significant loss in that year. 

George's strategic moves in the financial market were highlighted by the sterling crisis of 1992, where his fund profited substantially by short-selling the pound, earning him the moniker "The Man Who Broke the Bank of England." 

Despite being involved in various financial endeavors, Soros faced legal scrutiny, notably in France, where accusations of insider trading were brought against him about his activities with Société Générale, a French bank. Although initial investigations found Soros innocent, years later, the French Supreme Court confirmed his conviction, albeit with a reduced penalty. 

Soros's career in finance was marked by substantial successes, including the Quantum Fund's significant profits, but it was also accompanied by controversies, legal battles, and intricate financial maneuvers that shaped his legacy in the financial world.

Annaliese Witschak Was Married to George Soros

Annaliese Witschak was the first wife of billionaire investor and philanthropist George Soros. They tied the knot on September 17, 1960. Their marital journey lasted for twenty-three years until their divorce in 1983. 

Annaliese Witschak was the first wife of billionaire investor and philanthropist George Soros.
Annaliese Witschak was the first wife of billionaire investor and philanthropist George Soros. Photo Source: Instagram

During this time, they enjoyed a joyful life together and raised three children: Robert Daniel Soros (born 1963), Andrea Soros Colombel (born 1965), and Jonathan Tivadar Soros (born 1970). 

Unfortunately, Annaliese and George faced difficulties in their marriage, attributed partly to Soros' infidelity and his desire for a more public life during a midlife crisis, while Annaliese cherished her privacy. These differences led to their divorce in June 1983. Details about their divorce proceedings and settlement were not made public.

Is Annaliese Witschak Dating Anyone Now? 

Following her divorce from Hungarian-American billionaire George Soros, Annaliese Witschak has chosen to keep her life private, and her current status or whereabouts remain undisclosed. After her marriage to Soros and their separation, she withdrew from the public eye, leading a more private life.

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Whereas, Witschak's ex-spouse George Soros is currently married to Tamiko Bolton, a Japanese-American businesswoman known for her interests in yoga, pharmacology, and humanitarian work. They began their relationship in the spring of 2008 and announced their engagement in August 2012. 

The couple exchanged vows on September 21, 2013. 

Annaliese Witschak Children

Annaliese Witschak is a mother of three children. She welcomed her first child, Robert Daniel Soros, in 1963, just three years after marrying billionaire George Soros. 

Robert, a graduate of New York University, established the Central European University in Budapest and actively participates in various foundations in Eastern Europe. He is married to Melissa Robin Schiff, and their wedding ceremony was held at Temple Emanu-El in New York City. 

Following Robert, Annaliese and George had their only daughter, Andrea Soros Colombel, in 1965. Andrea focuses on advocating for the sustainable development and cultural continuity of Tibetan communities in China through the Trace Foundation. She is married to Eric Colombel

Their youngest child, Jonathan Tivadar Soros, born in 1970, co-founded the super PAC Friends of Democracy in 2013, aiming to reduce the influence of money in politics. Jonathan was previously married to Jennifer Ann Allan, and their wedding occurred in 1997.

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