This giant forex market and hedge funds guru was born in 1930. He fled from Hungary which was under Nazi occupation in the year 1945 during the Second World War. After a career with several firms in the finance business, George Soros established the Soros Fund Management in 1970.
His claim to fame was the short-selling of $10 billion that he did of the British Pound Sterling in 1992. He ended up breaking The Bank of England and netting a profit of $1 billion in just that one day.
George Soros has over the years been an active philanthropist donating tons of money to the minorities who are mostly discriminated for being who they are. He has had many achievements and is currently the #19 world’s richest man.
George Soros is described as a Hungarian-American investor who is known for the following roles.
Manager of Soros Fund Management
He founded the Open Society Foundations
He is the advisor of Quantum Fund
Soros graduated from the London School of Economics and during this time he was a waiter and a porter. He earned both his Bachelor of Science and Master of Science in Philosophy from the same school.
The Philanthropy Work For Justice And An Open Society
George Soros believes in a free world where there are no borders and excessive restrictions that segregate the minorities and the other members of society who are perceived as different. This is the reason why he has over the years donated over $12 billion to charity for these causes on Investopedia.
He is the chairman and founder of an open society which aims at the elimination of discrimination and intolerance of people who are different. It consists of a network of foundations that include several partners, projects and spans more than 100 countries worldwide.
He actually began his philanthropy when he was giving black South African students financial aid for scholarships during the apartheid period and in 1980 provided photocopiers to print banned texts in the Communist Eastern Bloc onNYTimes.
Having been a refugee in the Second World War in Hungary, Soros promised to give away $500 million to refugee organizations to take care of them. He also advocates for LGBTQI rights, sex workers rights and minorities in general. For more information, visit discoverthenetworks.org.
The Causes He Supports
The following are some of the things that he supports:
He was behind the movement for same-sex marriage
He supported the move to integrate Europe’s, Roma.
He is all for taking away borders
In conclusion, George Soros is the biggest philanthropist and the freest man you will ever read about, his aim being to make the world a better place actively and to do away with the intolerance that people face among other injustices.