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{{Short description|Hungarian-American businessman (1926–2013)}}
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'''Paul Soros''' ({{lang-hu|Soros Pál}}; June 5, 1926 – June 15, 2013) was a [[Hungarian people|Hungarian]]-born [[Americans|American]] mechanical engineer, inventor, businessman and philanthropist. Soros founded Soros Associates, which designs and develops bulk handling and port facilities.<ref name=wsj>{{cite news|title=Paul Soros, Innovator in Shipping Design, Dies |url=https://www.wsj.com/articles/SB10001424127887324688404578547952543960478 |work=[[Associated Press]] |publisher=[[Wall Street Journal]] |date=2013-06-15 |access-date=2013-07-10}}</ref><ref name=nytimes>{{cite news|first=Robert D.|last=Hershey Jr. |title=Paul Soros, Shipping Innovator, Dies at 87|url=https://www.nytimes.com/2013/06/16/business/paul-soros-shipping-innovator-dies-at-87.html?pagewanted=all&_r=0 |work=[[New York Times]] |date=2013-06-15 |access-date=2013-07-10}}</ref> Soros Associates currently operates in ninety-one countries worldwide, as of 2013.<ref name=wsj/> Paul Soros, often called "the invisible Soros",<ref name=nytimes/> was the older brother of [[George Soros]], a successful businessman and financier.<ref name=wsj/>
{{Infobox person
| name = Paul Soros
| image =Paul Soros.jpg
| birth_name = Pál Schwartz
| birth_date = June 5, 1926
| birth_place = [[Budapest]], [[Kingdom of Hungary (1920–1946)|Kingdom of Hungary]]
| death_date = June 15, 2013 (aged 87)
| death_place = New York City, U.S.
| education = [[Brooklyn Collegiate and Polytechnic Institute]] ([[Master of Science|MS]])
| spouse = {{marriage|[[Daisy Soros|Daisy Schlenger]]|1951}}
| children = 4
| father = [[Tivadar Soros]]
| relatives = [[George Soros]] (brother)<br />[[Alexander Soros]] (nephew)<br />[[Jonathan Soros]] (nephew)
}}
⚫
'''Paul Soros''' ({{langx|hu|Soros Pál}}; born '''Pál Schwartz'''; June 5, 1926 – June 15, 2013) was a Hungarian-born American mechanical engineer, inventor, businessman and philanthropist. Soros founded Soros Associates, which designs and develops bulk handling and port facilities.<ref name=wsj>{{cite news|title=Paul Soros, Innovator in Shipping Design, Dies |url=https://www.wsj.com/articles/SB10001424127887324688404578547952543960478 |agency=[[Associated Press]] |publisher=[[Wall Street Journal]] |date=2013-06-15 |access-date=2013-07-10}}</ref><ref name=nytimes>{{cite news|first=Robert D.|last=Hershey Jr. |title=Paul Soros, Shipping Innovator, Dies at 87|url=https://www.nytimes.com/2013/06/16/business/paul-soros-shipping-innovator-dies-at-87.html?pagewanted=all&_r=0 |work=[[New York Times]] |date=2013-06-15 |access-date=2013-07-10}}</ref> Soros Associates currently operates in ninety-one countries worldwide, as of 2013.<ref name=wsj/> Paul Soros, often called "the invisible Soros",<ref name=nytimes/> was the older brother of [[George Soros]], a businessman and financier.<ref name=wsj/>


==Biography==
==Early life==
⚫
Soros was born Pál Schwartz on June 5, 1926, in [[Budapest]], Hungary, to [[Tivadar Soros|Tivadar Schwartz]], a lawyer and author, and Erzsébet Szűcs, the daughter of the owner of a fabric store.<ref name=nytimes /> His father had been captured by the Russians during World War I and held in a [[Internment|detention camp]] in [[Siberia]]. Soros was also a native speaker of [[Esperanto]], a [[constructed language]].<ref name=nytimes />


⚫
Tivadar Soros changed the family's surname from Schwartz to Soros in 1936 to escape [[antisemitism]] and the expansion of [[Nazism]] in Europe.<ref name=wsj /><ref name=nytimes /> Tivadar Soros forged paperwork, giving the family alias as the [[Operation Margarethe|Germans occupied Hungary]] in 1944.<ref name=nytimes /> The family fled to safe houses for nearly a year, until [[Budapest Offensive|Soviet forces invaded the country]].<ref name=wsj2 /> However, the [[Soviet Army|Soviets]] mistakenly believed that Paul Soros was a wanted [[Schutzstaffel|SS officer]] and arrested him.<ref name=wsj2 /> He was marched east, towards the Soviet Union with other prisoners. He managed to escape the prisoner march by ducking behind a bridge and hiding in an abandoned farm house.<ref name=nytimes /> He then walked back to Budapest.<ref name=nytimes />
===Early life===
⚫
Soros was born '''Schwartz Pál''' on June 5, 1926, in [[Budapest]], [[Hungary]], to [[Tivadar Soros|Tivadar Schwartz]], a lawyer and author, and Erzsébet Szűcs, the daughter of the owner of a fabric store.<ref name=nytimes/> His father had been captured by the Russians during [[World War I]] and held in a [[Internment|detention camp]] in [[Siberia]]. Soros was also a native speaker of [[Esperanto]], a [[Constructed language|conlang]].<ref name=nytimes/>


== Career ==
⚫
Tivadar Soros changed the family's surname from Schwartz to Soros in 1936 to escape [[antisemitism]] and the expansion of [[Nazism]] in Europe.<ref name=wsj/><ref name=nytimes/> Tivadar Soros forged paperwork, giving the family alias and Christian names, as the [[Operation Margarethe|Germans occupied Hungary]] in 1944.<ref name=nytimes/> The family fled to safe houses for nearly a year, until [[Budapest Offensive|Soviet forces invaded the country]].<ref name=wsj2/> However, the [[Soviet Army|Soviets]] mistakenly believed that Paul Soros was a wanted [[SS officer]] and arrested him.<ref name=wsj2/> He was marched east, towards the Soviet Union with other prisoners. He managed to escape the prisoner march by ducking behind a bridge and hiding in an abandoned farm house.<ref name=nytimes/> He then walked back to Budapest.<ref name=nytimes/>
⚫
Paul Soros survived the war and emigrated to the United States in 1948.<ref name="wsj" /> He arrived in Manhattan after defecting from Hungary, then under Communist control, while traveling in Switzerland with the Hungarian Olympic ski team.<ref name="wsj2">{{cite news|first=Jenny|last=Strasburg|title=Endowment Gets $25 Million Boost |url=https://www.wsj.com/articles/SB10001424052748704103904575337071192419964 |work=[[Wall Street Journal]] |date=2010-06-30 |access-date=2013-07-10}}</ref>

⚫
Paul Soros survived the war and emigrated to the [[United States]] in 1948.<ref name=wsj/> He arrived in [[Manhattan]] after defecting from Hungary, then under Communist control, while traveling in [[Switzerland]] with the [[Hungarian Olympic ski team]].<ref name=wsj2>{{cite news|first=Jenny|last=Strasburg|title=Endowment Gets $25 Million Boost |url=https://www.wsj.com/articles/SB10001424052748704103904575337071192419964 |work=[[Wall Street Journal]] |date=2010-06-30 |access-date=2013-07-10}}</ref>


===Career===
===Career===
Soros arrived in New York City with very little money.<ref name=wsj2/> He enrolled at [[Brooklyn Collegiate and Polytechnic Institute]] (present-day [[Polytechnic Institute of New York University]]), where he earned his [[master's degree]], as he could not afford the higher priced Ivy League universities.<ref name=wsj2/> He resided in a cheap apartment near [[Prospect Park (Brooklyn)|Prospect Park]] as a student, but still struggled to pay for rent and food.<ref name=wsj2/>
Soros arrived in New York City with very little money.<ref name=wsj2/> He enrolled at [[Brooklyn Collegiate and Polytechnic Institute]] (present-day [[New York University Tandon School of Engineering]]), where he earned his master's degree, as he could not afford the higher priced Ivy League universities.<ref name=wsj2/> He resided in a cheap apartment near [[Prospect Park (Brooklyn)|Prospect Park]] as a student, but still struggled to pay for rent and food.<ref name=wsj2/>


⚫
Soros founded Soros Associates, which designs and develops bulk handling and port facilities.<ref name=wsj/> The Brazilian multinational, [[Tubarão]], used designs created by Soros' company to quadruple Brazil's [[iron ore]] output and become the world's largest corporate iron ore producer.<ref name=nytimes/> Soros Associates now operates in 91 countries around the world.<ref>{{cite web|title=Shipping magnate Paul Soros dies in NYC at 87|url=https://eu.usatoday.com/story/news/nation/2013/06/15/paul-soros-dies/2427181/|publisher=usatoday.com|access-date=11 November 2019}}</ref>
Soros founded '''Soros Associates''', which designs and develops bulk handling and port facilities.<ref name=wsj/>
⚫
For example, the Brazilian multinational, [[Tubarão]], used designs created by Soros' company to quadruple Brazil's [[iron ore]] output and become the world's largest corporate iron ore producer.<ref name=nytimes/> Soros Associates now operates in 91 countries around the world.<ref>{{cite web|title=Shipping magnate Paul Soros dies in NYC at 87|url=https://eu.usatoday.com/story/news/nation/2013/06/15/paul-soros-dies/2427181/|publisher=usatoday.com|access-date=11 November 2019}}</ref>


===Philanthropy===
===Philanthropy===
Paul Soros and his wife, [[Daisy Soros]], founded [[The Paul & Daisy Soros Fellowships for New Americans]], which provides funding for [[graduate degree]]s for immigrants and the children of immigrants.<ref name=wsj/> Each year, thirty students are awarded a [[Scholarship|fellowship]] of up to $90,000 to cover two years of graduate tuition, as well as living and other expenses.<ref name=wsj2/> The fellows may study any subject they wish at any American university.<ref name=wsj2/> In order to be awarded the fellowship, students must demonstrate a unique "idea or talent," have accomplished something concrete through long term effort, and have been involved with the government or other organization dedicated to the ideals of the [[U.S. Bill of Rights]].<ref name=wsj2/>
Paul Soros and his wife, [[Daisy Soros]], founded [[The Paul & Daisy Soros Fellowships for New Americans]], which provides funding for graduate degrees for immigrants and the children of immigrants.<ref name=wsj/> Each year, thirty students are awarded a [[Scholarship|fellowship]] of up to $90,000 to cover two years of graduate tuition, as well as living and other expenses.<ref name=wsj2/> The fellows may study any subject they wish at any American university.<ref name=wsj2/> In order to be awarded the fellowship, students must demonstrate a unique "idea or talent," have accomplished something concrete through long term effort, and have been involved with the government or other organization dedicated to the ideals of the [[U.S. Bill of Rights]].<ref name=wsj2/>


Paul and Daisy Soros founded the Paul and Daisy Soros Fellowship in 1998 with $50 million.<ref name=wsj2/> By 2010, they had awarded more than $30 million to nearly 400 students.<ref name=wsj2/> They dedicated an additional $25 million to the Fellowship in 2010.<ref name=wsj2/> Paul Soros served as Chairman of the Fellowship, and his son, Jeffrey Soros, became president in 2010.<ref name=wsj2/>
Paul and Daisy Soros founded the Paul and Daisy Soros Fellowship in 1998 with $50 million.<ref name=wsj2/> By 2010, they had awarded more than $30 million to nearly 400 students.<ref name=wsj2/> They dedicated an additional $25 million to the Fellowship in 2010.<ref name=wsj2/> Paul Soros served as Chairman of the Fellowship, and his son, Jeffrey Soros, became president in 2010.<ref name=wsj2/>


===Later life===
==Personal life==
Soros died at his [[Fifth Avenue]] home on the [[Upper East Side]] of [[Manhattan]] on June 15, 2013, at the age of 87.<ref name=wsj/><ref name=nytimes/> He had suffered from [[Parkinson's disease]], diabetes, jaw cancer and tongue cancer during his later life.<ref name=wsj2/> Soros was survived by his wife, Daisy Soros (née Schlenger), who, like her husband, was a [[Hungarian Jewish]] immigrant,<ref>[http://burgenland.orf.at/tv/stories/2509288/ Burgenland: "Daisy Soros: Rückkehr nach 76 Jahren"] retrieved July 10, 2013</ref> and with whom he had two sons, Peter and Jeffrey.<ref>[http://archive.poly.edu/alumni/_docs/Giants-soros.pdf "Visionary Engineer Master Pom Builder Philanthropist: Paul Soros"] {{Webarchive|url=https://web.archive.org/web/20160208022255/http://archive.poly.edu/alumni/_docs/Giants-soros.pdf |date=2016-02-08 }} retrieved July 10, 2013</ref>
Paul Soros and [[Daisy Soros|Daisy Schlenger]] met in 1950 in New York, where they were both college students living at the [[International House of New York|International House]]. They began dating, and married in 1951. They had four children, Peter, Steven Paul, Linda and Jeffrey. Both Peter and Jeffrey serve on the Board of the Paul and Daisy Soros Fellowship Program, Jeffrey as its President. Steven Paul and Linda died in separate accidents in early childhood.
Soros died at his [[Fifth Avenue]] home on the [[Upper East Side]] of [[Manhattan]] on June 15, 2013, at the age of 87.<ref name="wsj" /><ref name="nytimes" /> He had suffered from [[Parkinson's disease]], diabetes, jaw cancer and tongue cancer during his later life.<ref name="wsj2" /> Soros was survived by his wife, Daisy Soros (née Schlenger), who, like her husband, was a [[Hungarian Jewish]] immigrant. <ref>[http://burgenland.orf.at/tv/stories/2509288/ Burgenland: "Daisy Soros: Rückkehr nach 76 Jahren"] retrieved July 10, 2013</ref><ref>[http://archive.poly.edu/alumni/_docs/Giants-soros.pdf "Visionary Engineer Master Pom Builder Philanthropist: Paul Soros"] {{Webarchive|url=https://web.archive.org/web/20160208022255/http://archive.poly.edu/alumni/_docs/Giants-soros.pdf |date=2016-02-08 }} retrieved July 10, 2013</ref>


==References==
==References==
{{reflist}}
{{reflist}}


{{Portal|Biography}}
==External links==
*{{Find a Grave}}


{{Henry Laurence Gantt Medal}}
{{Henry Laurence Gantt Medal}}
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[[Category:1926 births]]
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[[Category:2013 deaths]]
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[[Category:20th-century American businesspeople]]
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[[Category:American financiers]]
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[[Category:American technology company founders]]
[[Category:American technology company founders]]
[[Category:Businesspeople from New York City]]
[[Category:Jewish Esperantists]]
[[Category:Esperanto speaking Jews]]
[[Category:Soros family|Paul]]
[[Category:Soros family|Paul]]
[[Category:Henry Laurence Gantt Medal recipients]]
[[Category:Henry Laurence Gantt Medal recipients]]
[[Category:Hungarian emigrants to the United States]]
[[Category:Hungarian emigrants to the United States]]
[[Category:Hungarian Jews]]
[[Category:Hungarian Jews]]
[[Category:Jewish American philanthropists]]
[[Category:Jewish engineers]]
[[Category:Jewish engineers]]
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[[Category:Jewish inventors]]
[[Category:Native Esperanto speakers]]
[[Category:Native Esperanto speakers]]
[[Category:Engineers from Budapest]]
[[Category:Engineers from Budapest]]
[[Category:People from Brooklyn]]
[[Category:Businesspeople from Brooklyn]]
[[Category:Polytechnic Institute of New York University alumni]]
[[Category:Polytechnic Institute of New York University alumni]]
[[Category:Engineers from New York (state)]]
[[Category:Engineers from New York (state)]]
[[Category:Philanthropists from New York (state)]]
[[Category:Philanthropists from New York (state)]]
[[Category:Businesspeople from Manhattan]]
[[Category:People from the Upper East Side]]
[[Category:People from the Upper East Side]]
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[[Category:20th-century American businesspeople]]
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[[Category:20th-century philanthropists]]
[[Category:Hungarian prisoners of war]]
[[Category:Hungarian prisoners of war]]
[[Category:World War II civilian prisoners]]
[[Category:World War II prisoners of war held by the Soviet Union]]
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[[Category:Hungarian escapees]]
[[Category:Escapees from Soviet detention]]

Latest revision as of 19:09, 8 November 2024

Paul Soros
Born
Pál Schwartz

June 5, 1926
Budapest, Kingdom of Hungary
DiedJune 15, 2013 (aged 87)
New York City, U.S.
EducationBrooklyn Collegiate and Polytechnic Institute (MS)
Spouse
​
(m. 1951)​
Children4
FatherTivadar Soros
RelativesGeorge Soros (brother)
Alexander Soros (nephew)
Jonathan Soros (nephew)

Paul Soros (Hungarian: Soros Pál; born Pál Schwartz; June 5, 1926 – June 15, 2013) was a Hungarian-born American mechanical engineer, inventor, businessman and philanthropist. Soros founded Soros Associates, which designs and develops bulk handling and port facilities.[1][2] Soros Associates currently operates in ninety-one countries worldwide, as of 2013.[1] Paul Soros, often called "the invisible Soros",[2] was the older brother of George Soros, a businessman and financier.[1]

Early life

[edit]

Soros was born Pál Schwartz on June 5, 1926, in Budapest, Hungary, to Tivadar Schwartz, a lawyer and author, and Erzsébet Szűcs, the daughter of the owner of a fabric store.[2] His father had been captured by the Russians during World War I and held in a detention camp in Siberia. Soros was also a native speaker of Esperanto, a constructed language.[2]

Tivadar Soros changed the family's surname from Schwartz to Soros in 1936 to escape antisemitism and the expansion of Nazism in Europe.[1][2] Tivadar Soros forged paperwork, giving the family alias as the Germans occupied Hungary in 1944.[2] The family fled to safe houses for nearly a year, until Soviet forces invaded the country.[3] However, the Soviets mistakenly believed that Paul Soros was a wanted SS officer and arrested him.[3] He was marched east, towards the Soviet Union with other prisoners. He managed to escape the prisoner march by ducking behind a bridge and hiding in an abandoned farm house.[2] He then walked back to Budapest.[2]

Career

[edit]

Paul Soros survived the war and emigrated to the United States in 1948.[1] He arrived in Manhattan after defecting from Hungary, then under Communist control, while traveling in Switzerland with the Hungarian Olympic ski team.[3]

Career

[edit]

Soros arrived in New York City with very little money.[3] He enrolled at Brooklyn Collegiate and Polytechnic Institute (present-day New York University Tandon School of Engineering), where he earned his master's degree, as he could not afford the higher priced Ivy League universities.[3] He resided in a cheap apartment near Prospect Park as a student, but still struggled to pay for rent and food.[3]

Soros founded Soros Associates, which designs and develops bulk handling and port facilities.[1] The Brazilian multinational, Tubarão, used designs created by Soros' company to quadruple Brazil's iron ore output and become the world's largest corporate iron ore producer.[2] Soros Associates now operates in 91 countries around the world.[4]

Philanthropy

[edit]

Paul Soros and his wife, Daisy Soros, founded The Paul & Daisy Soros Fellowships for New Americans, which provides funding for graduate degrees for immigrants and the children of immigrants.[1] Each year, thirty students are awarded a fellowship of up to $90,000 to cover two years of graduate tuition, as well as living and other expenses.[3] The fellows may study any subject they wish at any American university.[3] In order to be awarded the fellowship, students must demonstrate a unique "idea or talent," have accomplished something concrete through long term effort, and have been involved with the government or other organization dedicated to the ideals of the U.S. Bill of Rights.[3]

Paul and Daisy Soros founded the Paul and Daisy Soros Fellowship in 1998 with $50 million.[3] By 2010, they had awarded more than $30 million to nearly 400 students.[3] They dedicated an additional $25 million to the Fellowship in 2010.[3] Paul Soros served as Chairman of the Fellowship, and his son, Jeffrey Soros, became president in 2010.[3]

Personal life

[edit]

Paul Soros and Daisy Schlenger met in 1950 in New York, where they were both college students living at the International House. They began dating, and married in 1951. They had four children, Peter, Steven Paul, Linda and Jeffrey. Both Peter and Jeffrey serve on the Board of the Paul and Daisy Soros Fellowship Program, Jeffrey as its President. Steven Paul and Linda died in separate accidents in early childhood.

Soros died at his Fifth Avenue home on the Upper East Side of Manhattan on June 15, 2013, at the age of 87.[1][2] He had suffered from Parkinson's disease, diabetes, jaw cancer and tongue cancer during his later life.[3] Soros was survived by his wife, Daisy Soros (née Schlenger), who, like her husband, was a Hungarian Jewish immigrant. [5][6]

References

[edit]
  1. ^ a b c d e f g h "Paul Soros, Innovator in Shipping Design, Dies". Wall Street Journal. Associated Press. 2013-06-15. Retrieved 2013-07-10.
  2. ^ a b c d e f g h i j Hershey Jr., Robert D. (2013-06-15). "Paul Soros, Shipping Innovator, Dies at 87". New York Times. Retrieved 2013-07-10.
  3. ^ a b c d e f g h i j k l m n Strasburg, Jenny (2010-06-30). "Endowment Gets $25 Million Boost". Wall Street Journal. Retrieved 2013-07-10.
  4. ^ "Shipping magnate Paul Soros dies in NYC at 87". usatoday.com. Retrieved 11 November 2019.
  5. ^ Burgenland: "Daisy Soros: Rückkehr nach 76 Jahren" retrieved July 10, 2013
  6. ^ "Visionary Engineer Master Pom Builder Philanthropist: Paul Soros" Archived 2016-02-08 at the Wayback Machine retrieved July 10, 2013
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