George Soros was born in 1930 in Hungary. He lived through the Nazi occupation and survived the murder of Hungarian Jews by concealing his background and assisting others to do the same. He left Budapest in 1947, and relocated to London where he worked on a part-time basis as a nightclub waiter and a railway porter while he studied at the London School of Economics. George Soros, later on, moved to the United States in 1956 where he began his investments. George launched his hedge fund in 1970 and became one of the most successful investors in American history. He used his earnings to create the Open Society Foundation.
86 years old George Soros is a prominent billionaire. He openly supports causes that liberals believe in. He has been depicted as having great power and controlling the global economy at times. In the early 1990’s, George Soros took a bet against the British pound that broke the monetary system of England overnight, earning him more than one billion dollars. He was seen to take similar steps later on during the Asian financial crisis.
George Soros has a net worth of $25 billion. He joined active politics in 2004 when he funded people who were fighting against the re-election of President George W. Bush as he also voiced his opinion on the Iraq war. As a wealthy man, George Soros is not politically conservative as he opts to dedicate some of his wealth towards politics. He founded the Open Society Foundation which is committed to social justice. The work done at the Open Society Foundation is a reflection of the ideologies of George Soros which were influenced by the philosophy of Karl Popper. Visit nytimes.com to know more about George.
The foundation has spent more than $1.6 billion toward the democratic development of Eastern Europe. It has also spent not less than $1.5 billion on democratic reforms that include democratic governance and criminal justice in the United States. George Soros is also remembered for giving black South Africans scholarships under apartheid. He funded cultural exchanges between the West and Eastern Europe and created the Central European University after the fall of the Berlin Wall in order to foster critical thinking. At the end of the cold war, George Soros expanded his philanthropic activities to Asia, the United States, and Africa. He helped to begin the American Medical Marijuana Movement. Know more about George Soros on CNBC.
George Soros is known as one of the world’s top philanthropists having donated not less than $12 billion. His funds support people and organizations in different parts of the world to achieve justice and equality and support the fight for freedom of expression. He supports the groups that represent the Roma people and the minority like the LGBTs and sex workers.