An investor, philanthropist, business guru and author, those are the four answers George Soros would give if he were to asked what he does for a living.Mr. Soros was born on August 12, 1930, in Budapest.He worked in merchant banks, first in England then later in the United States, this, we can say, is where the business bug bit Mr. Soros. It was in 1969 that, the now 87-year-old man, started Double Eagle, his hedge fund. George invested the profits he made from Double Eagle and used them to establish Soros Fund Management, his second hedge fund. Double Eagle was later re-baptized, Quantum Fund. Quantum fund was $ 12 million on her founding, her worth by 2011 had shot up to $ 25 billion.Apart from being good in business, Mr. Soros also takes a keen interest in politics. He is a faithful supporter of both the American Progressive and the American Liberal. He has shown support or the later by making donations through his Open Society Foundations.
Word has it that the father of five, in 32 years, 2011-1979, had made a whopping $11 billion contributions to organizations that champion for philanthropic causes. He, in 2017, hit the $ 12 billion mark with increased contributions towards eradication of poverty. Mr. Soros also helps university students all over the world acquire scholarships.Additionally, George played a significant role, in the early 90’s, in ensuring Easter Europe transitioned peacefully from a communist nation to a capitalist one. To his Europe hometown university, Central European University, George provided an endowment that was later to be one of Europe’s largest. His generosity, majorly in politics, has made him a goblin in the eyes of nationalists in Europe.His foundation, the Open Society Foundations, has been the talk of the town lately. The more than thirty years old basis hit the headlines after it discovered out that Mr. Soros had made a quiet contribution of $18 billion. This put the foundation as the second largest philanthropic organization in the USA.
The institution comes second to the Bill and Melinda Gates Foundation. This foundation formed with an aim to remind the world of the importance of protecting and upholding human rights. Of late, the foundation has shifted her focus towards championing for the LGBT rights in society. The organization has also stood firmly against police brutality. Art and culture is also another field the foundation seems to promote.In 2014, the organization financed the activities of treatment centers fighting against the Ebola pandemic. The institution also safeguards the vulnerable in society against hate. His funding of the Hilary Clinton campaign brought him a lot of backlashes.Others have accused him of trying to encourage abortion in Ireland. The site also accused him of undermining the influence European countries have on their borders. However, the world continues to cheer on Soros as he attempts to do his part t rid the world of bigotry that prevents women to determine their own destinies through government funded clinical abortions.
Source of the article : http://www.politico.com/story/2016/07/george-soros-democratic-convention-226267