A survivor of Nazi-Germany when Germany was governed by the dictatorship of Adolf Hitler and Nazi party NSDAP, George Soros became world’s most victorious investors with a net worth of 25.2 billion. Such that, he featured under the list of ‘top 30 richest people in the world’.
The Hungarian- American investor has benefitted millions of people and firms all over the world by fighting for freedom of expression, transparency, accountable government, and societies that promote justice and equality. Not just that, he even gave away an figure amounting to 12 billion and thus acquired the position of becoming world’s most prominent philanthropist.
Why Was He Famous?
Unlike other investors, Soros' opened gates of funding to the class and people who were discriminated for who they are. He extended support to various groups such as drug addicts, sex workers, LGBTQ society.
( Image Courtesy: Washington Times)
How Did He Achieve It?
The great investor George Soros left Budapest in 1947 and migrated to London to study in ‘London School Of Economics.' It is believed that the investor worked as a railway porter and a night club waiter to earn money and meet the finances of his studies. However, in the year 1956, he shifted his path to the United States to enter a world of finance and investments to make hard cash. “My success in the financial markets has given me a greater degree of independence than most other people,” Soros said.
He launched his hedge fund in 1970 which is called ‘Soros Fund Management’ and became the most successful investors of the United States. Also, he opened ‘Open Society Foundations’ which is a network of foundations, partners, and projects in more than hundred countries. It’s work and name mirrors the influence on Soros’ thinking of the philosophy of ‘Karl Popper,' which Soros first encountered at the 'London School of Economics.' Popper in his book ‘ Open society and its enemies’ propels that a society cannot flourish without having democratic governance, freedom of expression and respect for individual rights which also forms the foundation of the work at Open Society Foundations.
(Image Courtesy: George Soros)
George Soros As A Philanthropist
The big man’s philanthropic activities took off in 1979 with giving scholarships to Black South Africans under ‘Apartheid.' With the end of Cold War, he took forward his philanthropy to countries like Asia, United States, Africa supporting an array of efforts to help in the creation of democratic societies. In the early 2000’s, he made strenuous efforts to raise his voice for same sex marriages.
At the present age 80, he continues to take a proactive personal interest in the working of ‘ Open Society Foundations’ and have been traveling widely to support its works.
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(Featured Image Courtesy: Silent Circle)