The great Impact of George Soros’ Charity Work

George Soros is among the United States’ most successful finance professionals. He has invested in the hedge fund industry and owns a successful multi-billion enterprise that is known as Soros Fund Management. The businessman was brought up in a humble background and even had to pay for his tuition fees to complete his education at the London School of Economics. During his time in college, Soros worked at a nightclub and a railway station to raise money to support himself. He later moved to New York to seek for a job in the hedge fund sector and had an opportunity to work for different corporations. A few years later, George had accumulated wealth and established Quantum Fund. He has also ventured in currency speculation, and he made $1.5 billion in 1992. The entrepreneur’s investments are under the Soros Fund Management, which is valued at about $30 billion and what George Soros knows.

Soros has made significant accomplishments as a philanthropist. He has dedicated more than $12 billion to his charity undertakings since the 1970s. The billionaire funded campaigns against the re-election of President Bush in 2004 by donating $23 million about 500 groups. He has also been one of the Center for American Progress’ major benefactors. In 2012, the billionaire supported President Obama’s re-election by donating $1 million to Priorities USA Action and Follow his Twitter.com. The PAC was on the frontline in Barack Obama’s campaigns. George Soros joined the finance committee of Ready for Hillary in 2013. He also gave $7 million to Priorities USA Action in 2015 to facilitate the presidential election bid of Hillary Clinton. In 2016, the billionaire provided an additional $2.5 million to the PAC. Soros has been participating in fundraisers that are organized by the Democratic Party because he agrees with its ideologies and George Soros’s lacrosse camp.

The Forbes Magazine listed George Soros as the 19th wealthiest individual in the United States in February 2017. The success of Soros Fund Management has enabled him to be listed among the most prosperous investors in the hedge fund industry. George Soros has been running charity programs through the Open Societies Foundation for the past four decades. The organization was founded in the 1970s and has been offering donations to support communities that are less privileged across the world. The first most significant contribution that he made was in South Africa when he gave education grants to black youths to join the University of Cape Town. The young people had been discriminated by the apartheid rule and were not able to get an education to improve their lives. The Open Societies Foundation has bettered the lives of thousands of individuals across the globe. The organization’s primary goal is to ensure that the marginalized communities do not suffer from injustices and inequalities and more information click here.

More Visit: https://www.theatlantic.com/magazine/archive/1997/02/the-capitalist-threat/376773/

George Soros, the Richest Hedge Fund Billionaire

George Soros is a Hungarian-American 87-year-old father of five children; Robert Daniel Soros, Andrea Soros Colombel, Jonathan Tivadar Soros, Alexander Soros and Gregory James Soros currently residing in New York. He was born in Budapest Hungary and immigrated to England in 1947 where he pursued his education at the London School of Economics and worked as a railway porter and waiter.

Over the years he has evolved to be listed among the 30 richest people worldwide with a net worth of $25.2 billion as of May 2017. Most of his wealth has been acquired from his hedge funds. This fierce investor is also an author having written books like; The Alchemy of Finance and The New Paradigm for Financial Markets among many others which have highly contributed to his net worth and Follow his Twitter.

Giving back to the society is one of his major strongholds. His philanthropic activities have seen to it that significant contributions have been made to the health, education and humanitarian sectors all over the world. Organizations like International Crisis Group and The United Nations Children’s Fund (UNICEF) are beneficiaries of his contributions. Other organizations like Millennium Promise and Millennium Villages Project helping with education, access to healthcare, business development tools, food, water and energy in Africa have also been greatly supported by George Soros funding.

Although now long retired, with entrepreneurial skills of such magnitude George Soros has proved to be of great influence and importance to his state and the worldwide community. His zeal and diligence have proven that not even the sky is his limit. The future looks even brighter for him and his investments. How generous of him to share his wisdom with the world through his book the Alchemy of Finance. Those who have been able to grasp its meaning know that it’s a gift to entrepreneurs and more information click here.

As years go by, George Soros will always be remembered as the man who ‘Broke’ the Bank of England when he bet against the pound and made a reported 1.5billion Euros. With that, he made a great name for himself and a great success of his career and what George Soros knows.

George Soros is a great scholar and has a masters degree in Philosophy from the London school of economics. He went there as an immigrant and later became a big person in England. He has tirelessly worked for his success and nothing has hindered him from prospering. He is currently the richest forex trader in the world and has had his records of success. He is in no doubt a person to emulate. He had worked with so many companies before co-founding Soros fund management. The companies have made him a very hard working person and have also exposed his skills to be a great man he is today.

More Visit: https://www.theatlantic.com/magazine/archive/1997/02/the-capitalist-threat/376773/