George Soros: Billionaire with a Passion for Mankind

George Soros was born in 1930 in Budapest, Hungary. He later fled his country at the height of the Second World War and went to England where he put himself through school. He attended London School of Economics while working as a waiter and railway porter before getting his entry into finance as a merchant banker. Soros moved to New York later on where he ventured into Wall Street and started his own hedge fund in 1969 with $12 million. His hedge was later on renamed The Quantum Fund. George Soros was referred to as “the man who broke the Bank of England” when in 1992, together with Stan Druckenmiller, they shorted the British pound and made enormous profits. He remains an investment heavyweight through Soros Fund Management, his family empire worth $30 billion decades later. George Soros hired Dawn Fitzpatrick to be the chief investment officer of his Soros Fund Management in 2017. Ms. Fitzpatrick is one of Wall Street’s most sought after prominent women.

For over 30 years, George Soros has been a vocal and prominent supporter of democratic causes and ideals internationally. Open Society Foundation is his philanthropic organization that supports human rights and promotes democratic ideals in over 100 countries. Through Open Society Foundation, George Soros started by supporting scholarships of black students of the University of Cape Town in South Africa in 1979 during the apartheid period. He was a firm supporter of an end to authoritarian governments the world over. He also supported scholarships of Eastern European dissidents to study abroad. Through his many philanthropic initiatives, Soros has given up to $12 billion to date. He has been passionate about organizations and individuals seeking to make a change in the world. His foundation has supported such causes as a fight for freedom of expression, equality, and justice in the society and accountability of governments.

Apart from his own foundation, George Soros has supported other independent organizations such as International Crisis Group, The Institute for New Economic Thinking and The European Council on Foreign Relations. He has supported lawyers and paralegals that represent people that are unlawfully detained and also underwrote history’s largest effort of integrating Europe’s Roma. Soros was one of the prominent voices that criticized the war on drugs at the beginning of the century. His argument was that the fight was more harmful than the drug problem, and he helped kick-start the movement for medical marijuana. He has also been very straight forward in his support for recognition of same-sex marriages across the globe. His idea of an open society the world over has been his driving force. George Soros has admitted over time that the problems he seeks to solve are the problems that might never be completely solved.

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