In her 2020 book, The Influence Of Soros, a U.S. senior editor of New Statesman magazine, Emily Tamkin, noted:
"...Soros...set up his own hedge fund in 1973. His fund was called the Soros Fund. He brought along Jim Rogers...They opened an office on Columbus Circle, not far from Soros's home at the time at 25 Central Park West. In 1978, the fund changed its name to Quantum Fund...(...around the time that Rogers left the fund.).
"By 1981, the fund had...assets worth $381 million. Soros had a personal fortune of $100 million...Soros said that his financial strategy was informed by his philosphy...When he believed there was opportunity ahead, he went in for the kill. In 1973, for example, the Arab-Israeli War had shifted tectonic plates in the defense industry...Soros...bought defense stocks and made money...
"...Soros met Susan Weber, twenty-five years his junior...in 1978, the same year he left Witschak, the two married in 1983...the same year of his first divorce...
"In 1979, Soros established The Open Society Fund as a charitable lead trust. His motives were not entirely altruistic. `A charitable lead trust is a very interesting tax gimmick.'.., he explained in the early 2000s...'...The principal that remains can be left [to one's heirs] without estate or gift tax. So this was the way I set up the trust for my children.'..."
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