Shipping magnate and philanthropist Paul Soros dies
PAUL Soros, a shipping magnate, philanthropist and older brother of billionaire investor George Soros, died in his New York City home over the weekend at age 87, his son said.
Mr Soros had been treated for Parkinson's disease, cancer, renal failure and diabetes.
"Through his engineering innovations, philanthropy and personal relationships, he profoundly impacted many lives," his son Jeffrey Soros said in a statement. "He was loved dearly."
Soros was born in Hungary in 1926. He founded the international engineering firm Soros Associates in 1956.