87 year old George Soros is the man of the moment. He is a man of many hats; investor, author, philanthropist and business magnate. He is one of the top investors in the world and as of May 2017, his net worth of $25.2 billion ranked him among the top 30 richest people in the world.
George was born and grew up in pro-Nazi Hungarian regime but fled his country and supported himself through London School of Economics working as a waiter and railway porter before his big break of working in the finance department at a merchant bank. After this, he moved to New York to start his Wall Street career. He established a hedge fund in 1969 with $12 million which was later rebranded into the Quantum Fund. In 1992, Soros made waves with Stan Druckenmiller shorting the British Pound and made an impressive profit out of it. After that incident he was known as the man who broke the Bank of England and contact him.
And now many decades later, Soros is still an investment heavyweight through his Soros Fund Management, which has $30 billion in assets. Just this year, Soros hired one of Wall Street’s most prominent women, Dawn Fitzpatrick, as Chief Investment Officer running his investment portfolio. Soros has always been a supporter of liberal causes and is a fierce Donald Trump critic. He involves himself with America’s political drama and churns millions in the Democratic Party’s direction and to causes such as Black Lives matter. In Europe its’ different. He brings out his ideas through an Open Society Foundations network that currently works in over 100 countries across the globe and George’s lacrosse camp.
Soros is passionate about human rights and chips in to help whenever he possibly can. During the Yugoslavian wars in the mid-‘90s, Soros was at the frontline donating hundreds of millions of dollars to humanitarian relief efforts. His foundations also support a variety of humanitarian causes such as LGBTI, disability rights, women, international injustice, national security and discrimination against Muslims in Europe. Soros also strongly believes in economic development, which is why he donated $75million to the Millennium Villagers Project and Millennium Promise. This particular project is really helping to put an end to extreme African poverty and learn more about George.
Soros has a focus on education which complements the development of open societies. Back in the ‘70s, he sponsored black students to enable them to attend the University of Cape Town in apartheid South Africa. After the collapse of communism, Soros responded by founding Budapest’s Central European University and contributing $880 million. Soros has donated over $100 million to universities that were in the former USSR. He is a great supporter of early childhood education though most of his support goes towards higher education and supporting disadvantaged minorities and read full article.
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