Many people feel that the society needs a change, and then there are others who do not only feel but works day and night to make that positive difference in the community we live in. George Soros is that one man who hasn’t stopped working for the betterment of the society he lives in from the time he gained the financial power and the influence to make the difference. At the very young age, George Soros had to flee from his native country, Hungary, to escape death at the hand of Nazis. It left a very unnerving impression on his mind about the power and influence of politics and what it can do to the world. He witnessed the Nazis Holocaust in Hungary that led to the death of half a million Jewish, including many of his relatives. Somehow, he and his family were able to escape the holocaust due to the political connections of his father.
George Soros moved to the United Kingdom from Hungary, where he completed his studies in Economics from the famous London School of Economics. While at London School of Economics, he heard a lot about Wall Street and how it is the most prominent financial district in the United States and the world. It is where his interest in the business began, and he resolved to start his own hedge funding company in the future. As per his plans, he moved to the United States after his education, and after working with a couple of banks and gaining the exposure and the experience about how the hedge funds work, started a hedge fund by the name of Quantum Fund. It went on to become one of the most successful hedge funds of all times. The company he started, which is currently known as the Soros Management Fund, is amongst the most profitable, reputed, and successful hedge funding companies across the globe and manages the wealth of over $30 billion.
George Soros is not only known as a wealthy businessman but also as a generous philanthropist. The scale of his philanthropy can be estimated by the fact that he transferred $18 billion to his foundation recently. The foundation that he started by the name of Open Society Foundation is one of the wealthiest and most well-networked charity organizations in the world and is known to help rehabilitate people and low-income communities across the globe. Thanks to the efforts made by George Soros and his Open Society Foundations, there are many refugees and immigrants in the United States, who are funded to start their own business and are not only surviving but thriving. It is because of the fund of $500 million he pledged to give away to support the companies started by immigrants and refugees in the United States.
George Soros believes that the wealth he has earned over the years puts on him the responsibility to make a positive difference in the society we live in. It is what he continuously strives to achieve through the various endeavors he embarks on time and again, even at the age of 87.
George Soros info: fortune.com/2017/10/17/george-soros-open-society-18-billion/