Paul Soros | Shipping magnate, 87
Paul Soros, 87, an innovator in shipping, philanthropist, and the brother of billionaire financier George Soros, died in New York on Saturday after a long bout with a host of illnesses, said his son Peter.
Paul Soros, 87, an innovator in shipping, philanthropist, and the brother of billionaire financier George Soros, died in New York on Saturday after a long bout with a host of illnesses, said his son Peter.
Mr. Soros, an engineer and businessman, founded Soros Associates, a world leader in the design and development of bulk handling and port facilities. The company has operations in 91 countries. Mr. Soros also held a number of patents and wrote more than 100 technical articles on the transportation of materials and related shipping design issues.
Mr. Soros also drew upon his own immigrant biography in establishing with his wife the Paul & Daisy Soros Fellowships for New Americans in 1997. Its $75 million endowment funds graduate education for immigrants and the children of immigrants. - AP