George Soros is widely known as the best financial backer, entrepreneur and political activist. He has invested in several renowned companies over the years.
Soros and his family members purchased 42,000 Tesla shares in 2022. They later bought 132,000 shares.
According to the reports, George Soros’ family has dumped the entire Tesla stake after owning it only for 1 year. You must have heard about Quantum Fund, right? George Soros was the director of this reputed mutual fund company.
He is now the owner of the Soros Fund Management LLC in the United States. George Soros has given away over $32 billion for various causes through the Open Society Foundations. He has donated millions of dollars for also liberal causes.
Let’s find out the top 6 companies George Soros owns in 2023:
1. Alphabet INC
You must know about Alphabet INC if you are an investor like George Soros. It is a leading multinational technology company in America, headquartered in California. Alphabet INC is Google’s parent company, established in October 2014.
This company generated $284.612 billion from March 2022 to March 2023. Alphabet is considered to be in the top 5 American IT companies. Larry Page and Sergey Brin established this company with the aim of making Google’s business more accountable.
Alphabet’s “Other Bets” include research, healthcare, life sciences, and technological development. It has helped to form successful companies like Nest Labs, Calico, Google, X ( previously known as Google X) and YouTube.
Alphabet owns companies like Verify Life Sciences, CapitalG, Terra Bella and Fiber. Here are some of the products and services Alphabet Inc offers across America:
- Smart Home Gadgets
- Video sharing services
- Search Engine Optimisation
- Fiber Optic Infrastructure
2. T-Mobile
T-Mobile needs no introduction; George Soros has invested in this company. T-Mobile is one of the largest wireless network operators. This company’s headquarters is in Overland Park, which is in the United States.
Deutsche Telekom AG holds a 51.9% stake in the T-Mobile company. SoftBank is another major investor in this company, which has a 4.9% ownership stake. Who founded the T-Mobile company? Western Wireless Corporation’s John W. Stanton is the founder of T-Mobile.
It was founded in 1994 and was renamed “VoiceStream Wireless PCS ” on September 2, 2001. T-Mobile offers unlimited talk, text and data plans in 5G, 4G and 3G phones at a reasonable price.
T-Mobile also offers home broadband and TV services through MetroPCS. MetroPCS is a reliable American prepaid virtual wireless service provider in the United States. T-Mobile has received the second rank for being a valuable brand in the telecommunication sector.
3. Activision Blizzard
Activision Blizzard develops and manufactures electronic games, headquartered in Santa Monica, U.S. Vivendi Games and Activision INC established this company in July 2008. Activision Blizzard recently included 5 major business units – Major League Gaming, Blizzard Entertainment, Activision Publishing, King and Activision Blizzard Studios.
This company operates subsidiary studios. Activision Blizzard has deployed the world’s best game developers and publishers in their organisation. It has developed high-rated and most-played video game franchises, including Candy Crush, Call of Duty, Diablo and Overwatch.
Activision Blizzard’s Major League Gaming is an esports company in New York City. Blizzard Entertainment is an American video game development and entertainment software company in Irvine. On the other hand, Activision Publishing publishes interactive entertainment and gaming products like consoles, mobile and PC.
Activision Blizzard acquired King for 5.9 billion dollars in February 2016. King is widely known as “King Digital Entertainment”, which also deals with video games. King gained recognition after releasing the cross-platform video game “Candy Crush Saga” in 2012. It is considered one of the most successful match 3 puzzle games until now.
4. Disney
You must be surprised to know that George Soros owns the Walt Disney Company, also known as Disney. Walt and Roy Disney established this company on October 16, 1923. You will find Disney’s headquarters in Burbank, and the company has a physical presence in 30 countries.
More than 6,000 people work for the Walt Disney Company. It offers high wages to the employees compared to the other leading entertainment companies. The average Disney Company salary ranges from $37,000 to $194,227 annually.
Disney generates revenue through its media networks, studios, interactive media, parks, consumer products and resorts. George Soros-owned the Walt Disney Company’s successful franchises are Pixar, Mickey Mouse, Star Wars and Marvel movies.
This entertainment company has a value of 163.14 billion USD in 2023. Disney has also acquired the first rank in the entertainment industry. It owns and operates on-demand cable television networks like ESPN, Disney Channel, National Geographic and FX.
Here are the direct-to-consumer streaming services Disney offers:
- Star+
- Disney+
- Hotstar
- Hulu
- ESPN+
5. General Motors
General Motors, previously known as the General Motors Company is in Detroit, United States. George Soros acquired 500,000 shares of General Motors. It is a multinational manufacturing company which has annual revenue of 156.74 billion USD.
GM operates its manufacturing plants in 8 countries, and its core automobile brands are – GMC, Cadillac, Buick and Chevrolet. It has invested in Chinese automobile brands like Baojun and Wulling. The General Motors Company also owns BrightDrop, a subsidiary business for light commercial electric vehicles, cloud-based software and ePallets.
This America-based automobile company also offers financing solutions to millions of people. It provides leasing and insurance services through General Motors Financial Company. GM also has a venture capital firm named General Motors Ventures LLC. This General Motor venture has a huge investment in transportation, energy, and even automotive sectors.
6. Accenture
Accenture PLC is envisioned to be the best multinational professional technology services provider globally. It provides customers with effective strategic, digital and tactical consulting support across 120 countries.
George Soros also invested in Accenture, first purchasing the share in 2009. George Soros has bought shares 9 more times since then and sold them on 6 occasions.
This Irish-American organisation is located in Ireland, Dublin and specialises in information technology. Accenture PLC has a research firm named “Accenture Institute for High Performance” that helps businesses achieve their goals.
A Fortune Global 500 company confirmed that Accenture generated $61.6 billion in 2022. This IT and consulting company is expecting to earn more revenue this year. Accenture PLC is also considered the largest firm in terms of employee numbers.
Other Renowned Companies George Soros Owns:
George Soros has invested in 14 other firms, and Salesforce is one of them. He boosted his stake in Salesforce by 139% in the second quarter of 2022. Soros currently holds 627,509 shares, which have a worth of $103.5 million.
As of May, George Soros has over 706,000 shares in Amazon with a value of $73 million. He has owned stock in this multinational technology company since the fourth quarter of 2020.
Soros has invested more than $90 million in Indian companies, including Freshworks, a SaaS firm in Chennai. He also bought 45 shares of the Bombay Stock Exchange and decided to offload it in 2017.
