George Soros was born in Hungary in 1930 and lived through the Nazi occupation that lead to the death of over 500,000 Hungarian Jews. His Jewish family survived after forging their identity papers in a bid to conceal their ethnicity and helping others to do the same. The Communist consolidated power and George left Hungary for London. In London, he went to the London School of Economics and worked as a part-timer as a nightclub waiter, to support his studies. George later started working at a merchant bank and read full article.
George Soros Entering the World of Finance
Soros moved to the United States and entered the world of investment and finance in 1957. While in New York, George got interested in Wall Street and launched his hedge fund with a whopping $12 million was later rebranded into Quantum Fund. In 1992 George joined hands with Stan Druckenmiller and shorted the sterling pound and made lots of profit. Through Soros Fund Management, George remains an investing powerhouse by his family office which has $30 million worth assets, by its name. George brought hired Dawn Fitzpatrick, to manage his investments at Soros Fund as the Chief Investment Officer.
George Soros’s Philanthropic Journey
Soros started his philanthropy in 1979 by giving scholarships to South Africans during the apartheid rule. He created the Central European University as an avenue to boost critical thinking after the fall of the Berlin wall. Over the years, Soros has supported lawyers representing thousands of people held unlawfully and also sponsoring students from marginalized groups and follow his Twitter.com.
Soros used his fortunes to help launch the Open Society Foundations, a group of partnered foundations that had projects in over 100 countries. The name and the work of the foundation are based on George’s thinking on the philosophical ideologies of Karl Popper that he came across in London School of Economics. Karl Popper had his ideas that the society can only be in harmony when they embrace democratic governance, respect for individual rights, the idea that Open Society Foundation operates on. Soros has remained committed to fighting injustices, advocating for policy changes towards achieving a more just, open and equitable society and learn more about George Soros.
George Soros has given $12 billion to charity to date, making him one of the biggest philanthropists in the world. His donated funds have helped organizations and individuals fighting for transparency, accountability, and integrity of government, freedom of expression, and also societies that foster for justice and equality across the globe. These funds have been focused on people that face segregation by who they are. George has financially helped groups that represented people such drug users, the LGBTI people, sex workers, and also groups representing Europe’s Roma population and more information click here.