The Powerhouse that is George Soros

George Soros, a heavyweight in the investment sector was born and raised in Hungary. Later, he fled the country to join the London School of Economics. He worked as a railway porter and at times as a waiter to pay his tuition fees. His first job in the country was at a merchant bank where he flourished. Being the determined economist that he was, he moved to New York and joined Wall Street. In 1969 with only twelve million dollars, he founded the Edge Fund, which he later rebranded to Quantum Fund. In 1992, the economist surprised the world when he made impressive profits from the British pound. Today, Soros remains a heavyweight in finance through his Soros Fund Management Company, which boasts thirty million dollars in assets and more information click here.

 

Role in Political and Social Issues

Mr. Soros is famous for stroking big checks when it comes to supporting politicians. 2014 goes down in history as the year Soros spent over twenty seven million dollars to try to oust President George W. Bush. He is famous for publicly criticizing President Bush’s support of the Iraq War that has led to the death of thousands of American soldiers. Since then, the economist has scaled back his spending on politics. Additionally, he came out against President Obama for supporting liberal ideas in the country and what George knows.

In 2016, the finance guru reemerged as the leading funder of Hillary Clinton’s candidature as the president of the United States of America. According to Soros, the Democrat candidate fights for similar issues, such as religious tolerance, immigration reform, and criminal justice. As a result, he donated over twenty five million dollars to support her campaigns, as well as those of other Democrats. Towards the end of June, Soros had given seven million to Priorities USA Action, a group that supports Clinton’s bid. Additionally, he has donated two million to American Bridge 21st Century, a group targets Trump and other Republicans. Moreover, he has donated two million to a mobilization group called America Votes. In 2005, Mr. Soros co-founded the Democracy Alliance, a group of liberal donors. It sought to shape the politics of the US by steering cash away from campaigns. The group supports individuals advocating for long term issues, such as climate change and infrastructural developments. Additionally, they argue that individuals fighting short term political battles do not deserve their support and his Twitter.

 

Philanthropic Activities

George Soros has many international foundations that offer financial support to non-governmental organizations. Through these foundations, he has donated over thirteen million dollars to organizations that defend human rights, promote democracy, and expand access to education and health around the globe. His goodwill when it comes to supporting issues closest to his heart continue to be felt globally and George Soros’s lacrosse camp.

More visit: http://www.forbes.com/profile/george-soros/