When it comes to naming the list of billionaires we currently have in the world today, George Soros is a name you will hardly miss in that list. George Soros, however, is an anomaly type. Unlike other wealthy billionaires who go on squandering their money on posh lifestyles, George is giving back to charity. For instance, this year alone, Soros has donated up to $18 Billion to his Open Society Foundations thus empowering it to fight and advocate for the needs and concerns of the underprivileged in the community. This is according to Open Society.
George Soros was born in 1930 and raised in Hungary. His childhood was not so inspiring like most children’s since he had to live his days as if they were his last, witnessing numerous killings of the Jews during the Nazi Occupation uprising. However as soon as the war ended in 1947, George Soros fled his country to Europe in search of education. His endeavors saw him enroll for an Economics degree course at the renowned London School of Economics. With no one to finance his education, George Soros worked two jobs; a kitchen porter and a nightclub waiter thus helping him finance his stay and education in London.
After graduating, Soros began his career in London as an investment specialist and then later moved to become a merchant banker. Still not satisfied, Mr. Soros made his way to New York City Wall Street where, in a span of five years, he was able to make huge fortunes in this market. He later moved back to London before returning to the USA where he made it his home. It is at this time that George Soros was able to make the biggest move of his career through his own hedge fund. From a noble investment of $12 million, Soros was able to grow the hedge fund to billions of dollars. Read more on foxnews.com about George Soros.
The Open Society Foundations
Open Society Foundations was established by George Soros at the peak of his career. With adequate money, funding such an organization was a non-issue. George’s idea of Open Society Foundations was informed by his childhood experience and Karl Popper’s book “Open Society and its Enemies.” Though the Open Society Foundation, George Soros sought to push for liberal freedom and right of citizens all over the globe. To date, the foundation has supported a number of individuals, organizations, and economies and Soros continues to play an active role in the operational activities of the group despite his old age.
While some of the courses being championed by Open Society Foundation and George Soros might be seen as intimidating to democracy, nothing could be further from the truth. Primarily the goal of Soros and Open Societies is to create a community where everybody has an equal right of expressing him or herself. To achieve this, the group has, among other things, encouraged and funded education for individuals in different economies including South Africans during the Apartheid period. It has also championed for the equal treatment of the gays and lesbian community among other courses. Know more about George Soros on CNBC.