George Soros: A Business Leader and Philanthropist

George Soros is a billionaire and is known for his investments and philanthropic works. It is, however, his involvement in the political arena that has made him powerful. George has risen to become a force of nature to the point where his opinions are not heard but listened to.

George Soros is a liberal and enthusiastically supports the Democrats. Over the years, he has contributed a significant amount in support of the Democratic candidates in the race for the presidency. In 2004, George was actively involved in the presidential elections. He contributed $27 million to defeat the former president George W Bush. After the Republican win, George decided to take a step back from the political realm. He did over continued to be involved in politics.

George rose back again to power during the 2016 elections. He contributed $ 25 million in support of Hilary Clinton presidential campaign. His desire to see Hilary won was attributed to two reasons: his friendship with Clinton and the fear of seeing Trump win. George has on more than one occasion accused President Donald Trump of being support of the terrorist group ISIS. George Soros established the Open Society Foundations.

Career

George immigrated to London in 1947 to pursue his education. He attended the London School of Economics. While pursuing his studies, he took an interest in Karl Popper. He identified with the philosophies which helped him to found the Open Society Foundation.

George relocated to New York to take up a job as the arbitrage trader at the F.M Mayer. It was this position that shaped his financial career.

After working for several firms, George decided to launch his Hedge Fund. His hedge fund company’s name was later changed to Quantum Fund. The Fund gained massive success which put Soros in the billionaire’s category. According to Forbes George is the 23rd richest billionaire in the world.

Philanthropy

George Soros is a billionaire who believes in helping others. Even though he has been termed as a narcissist, George has managed to donate a significant amount to different organizations. Soros began his charitable giving on the 1970s by supporting the black students pursuing their education at the University of Capetown.

His philanthropic activities include supporting efforts to enhance a non-violent transition of political realms in the Soviet States. Through the Open Society Foundation, George has supported civil societies across the world. Since its inception, the organization has spent over $ 11 billion.

Aside from his entrepreneurial involvement, George has written different articles, books, and papers in finance and economics. Soros has also received honorary degrees from the New York School of Research, the University of Oxford, Yale University, and the Corvinus University of Budapest.

In 2014, George was ranked number one in the LCH investment list of the Top managers.

Learn more on Discover the Networks about George Soros.

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