In the political landscape of the United States, there are very few people who hold as much influence as George Soros, who is a successful businessman, author, philanthropist, hedge funder, and political contributor. George Soros is a Hungarian-born Jew, who had to flee his home country in disguise to save his life from the Nazi atrocities. After escaping from Hungary, George Soros went to London and studied Economics at London School of Economics and took a job at a local merchant bank, which marked the start of his career in finance.
Soon after, he left his job to move to the United States and try his luck in the world’s largest financial district, Wall Street in New York. In a couple of years, he started his hedge fund by the name Quantum Fund in the year 1969. He is also popularly known as the man who inflicted massive loss to the Bank of England as he shorted Britain currency in huge amount. Presently, he is one of the world’s most powerful and influential investor and hedge funder, even at the age of 86, and is the Chairman at Soros Fund Management, a hedge-funding firm that has over $30 billion in assets under management.
George Soros is the 29th richest person on the planet with the personal wealth of well over $25 Billion. He is also one of the most passionate and resourceful philanthropists in the world and is the founder of Open Society Foundation. It works with NGOs, political and social organizations, and other institutions, to work for the betterment of the society, donate to charities, support state champions that raise the voice for the issues Soros feel strongly for such as racial disparity, immigrants rights, refugees rehabilitation, and more. Read his profile at Forbes.
George Soros recently announced his pledge to provide $500 million to help the businesses started and run by refugees and immigrants. In the recent U.S. Election, George Soros pumped close to $30 million to the Hillary Clinton’s Presidential election and ensured that more funds would be provided as and when needed. It is because George Soros was and continues to remain against Donald Trump, whose campaign and reform policies do not align with that of George Soros.
George Soros earlier scaled back his political spending after losing millions in defeating George Bush in the election. However, at present, George Soros seems more inclined towards politics than ever, especially with Donald Trump as the U.S. President, who he feels can put America in great danger, socially, financially, and globally, with his policies. George Soros uses his monetary resources in a productive manner to build better communities and empower people and so far has spent billions in donations to numerous charities and organizations worldwide. Read this story at Politico.com about George Soros.