The Life, Times and Philanthropic Activities of George Soros

George Soros is the chairman and founding father of Soros Fund Management LLC. Born to Elizabeth and Tivadar, in Hungary as Gyorgy Schwartz on August 12, 1930. He later moved to England at a tender age and changed his name to George Soros. He survived the Nazi occupation in his birth country regardless of his Jewish background and the fear for his family’s lives in the battle of Budapest. His childhood experiences helped in shaping his future having to work as a railway porter and as a nightclub waiter to finance his University education and more information click here. He was a student of the philosopher Karl Popper in the London School of Economics, who became his mentor as Karl Popper’s book ‘The Open Society and Its Enemies’ becomes the basis of one of Soros’ many foundations and .’

Soros later moved to New York in 1956 after Graduating where his career in finance was molded into the Current Soros we know of. He worked as a financial analyst for Wertheim and company a position he retained till 1963. Employment gave him little satisfaction as he yearned for success and to impact people’s lives grew and George Soros’s lacrosse camp. It is through this dream that he started his own hedge fund company in 1969 which he named Soros Fund Management later changed to Quantum Fund. During the Black Wednesday Currency crisis in 1992 in the U.K. Soros made over $1 billion in profits in 1992 by short selling sterling earning the name ‘The Man Who Broke the Bank of England and what George Soros knows.’

In 1979 he established the Open Society Foundation after actively being involved in charitable ventures. The foundation Promoted political, economic and social reforms. Many scholarships were awarded to black students in South Africa to study abroad through this foundation. Soros founded other organizations throughout parts of Russia and Asia by the fall of Berlin Wall. Open Society Foundation had the mandate of managing a series of Soros foundations involved in philanthropic ventures across the world. Many democratic governments of the former Soviet Union were formed through his great works. To date, Soros is said to have donated more than $8 billion to causes related to democracy, health, and human rights and learn more about George Soros.

Soros has made his way to being one of the history’s most successful and influential financiers with his economic and views on investments widely followed worldwide. For more than 30 years he has been a prominent supporter of the democratic rights and ideas in more than 100 countries through his Open Society Foundation. Soros was named as the 22nd richest person on the planet by Forbes on 12 March 2012. His net worth is estimated to be $26.5billion as of April 2014. As Soros once said, ‘To my mind, there is a solution which has to do with democracy, because democratic governments are subject to the will of the people.’ So, if the people will see it, you can create international institutions and follow his

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Jasper Palmer

Jasper Palmer wrote 63 posts

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