George Soros is a self-made billionaire who was born in Hungary. He is an alumnus of the London School of Economics. Soros was an ambitious man who migrated to London and worked as a waiter and railway porter to put himself through school. His journey in the finance world started while working at a merchant bank, Singer & Friedlander. After moving to New York, Soros worked at Wall Street and later established a hedge fund (quantum fund) with $12M. He is among the top ten highest earning hedge fund managers.
He is known as “the man who broke the British Bank” has made a spectacular profit with the British pound in 1992. Soros is a go-getter and has invested substantially through the Soros Fund Management. His family office has assets worth $30B. Dawn Fitzpatrick runs his investment portfolio as the Chief Investment Officer. The father of five is an ardent supporter of liberal causes and is known for his charitable acts. Learn more about this article at washingtontimes.com.
His philanthropic acts have touched many lives though some people feel threatened by his support for noble causes. Chris Smith and Senator Mike Lee and a group of congressional lawmakers accuse him of interfering with the politics of another country. They accuse him of funding the progressive agenda through Open Society Foundation. George Soros is dedicated to rooting out corruption and boosting democracy in the former Eastern Bloc Countries. Some leaders in the Bloc feel intimidated by his support hence the hostility against him. In a letter to the Government Accountability Office, Lee and Smith asks for information about Soros funding in Macedonia and Albania. The letter also accuses the U.S Embassy in Macedonia of siding with the opposition. However, those against him have not been successful in their endeavors. The Open Society Foundation has assisted organizations that support human rights, good governance, and accountability.
George Soros is a generous man who has given away over $10B to individuals and organizations. He believes in education as a tool for development. Hence he helped South African students during apartheid by offering them scholarships. He also founded the Central European University and has helped students from marginalized groups through the years. The renowned business magnate is a believer of respect for individual rights, freedom of expression and democratic governance. The three values have been the pillars of Open Society Foundation.
The chairman of Soros Fund Management LLC draws his experience in stock having worked for companies such as F. Mayer, Wartheim and Company, Arnhold and S. Breichroeder. He is also known for his kindness and support for political causes and supported several presidential and Democratic candidates.