George Soros; the Amazing Philanthropist

George Soros was born in Schwartz in the year 1930.Soros is a Hungarian-American financial, humanitarian, author and a business capitalist. He is one of the most successful investors in the worlds .Born in Budapest got through Nazi Germany, occupied Hungary and then moved to England in 1947.He studied at London School of Economics where he graduated with a degree and masters in philosophy. He started his entrepreneurship profession by taking different jobs at Merchant Banks in the United States and in England. In the year 1969 he started the first hedge fund called the Double Eagle. Profits from Double Eagle donated the money to start Soros Fund Management which is his second hedge fund. Soros Fund Management was started in 1970.

George early studies of philosophy made him to advance and put in to action the Karl General Theory of Reflexivity to the financial markets. George is known for his support of America liberal and America progressive political sponsorship and cause through his foundation named as Open society Foundations. Soros has offered more than 32 billion dollars to Open Society Foundations. He also started the Central European University situated in Budapest. He donated fund to start it and it is the leading university that study social sciences. Under his management the Open Society Foundations have helped people and companies around the world for accountable leadership, freedom of expression and communities the enhance equality and justice. The foundation has also offered university and school fees to thousands of students. Soros has helped groups that stood for Europe’s Roma individuals. For example individuals that were pushed to the end in the society, sex workers, drug users and LGBTI individuals.

Soros started being a humanitarian in the year 1970.He started this by offering scholarships to black South Africans during apartheid. In the 1980s he assisted in enhancing the open trade of ideas in Communist Hungary. He promoted that by supporting academic visits to the west. His support has reached a level that is more of his own foundations, funding independent companies like Institute for New Economic Thinking, Global Witness, International Crisis Group and European Council on Foreign Relations. George was not a bog donor to the United States political cause until the year 2004 presidential election. He was the first sponsor to the Center for American Progress and he progresses to fund the company through the Open Society Foundations. Individuals close to Soros state that he seem to be more engaged in political recently compared to before. In June 2017,George had funded 7 million dollars to a large PAC funding Clinton called the Priorities USA Action.FEC files also demonstrate that George offered 2 million dollars to American Bridge 21st Century.

Leave a Reply

Your email address will not be published. Required fields are marked *