George Soros is among the most powerful people in the world. He was born in Hungary in the year 1930 during the Nazi occupation. Later he moved to London in 1947 where he worked as a waiter in a night club and also at a railway porter. He was able to raise money that saw him through school. Soros studied Economics from the London School of Economics which laid the platform for his career journey. In 1956, he moved to United States and joined the finance and investment world.
He established the Hedge Fund Management which was the foundation of his numerous organizations. According to Forbes, he had amassed a fortune worth about $ 13 billion as of the year 2009. Hedge fund later changed to Quantum Fund in 1969. It’s estimated to cost about 12$ million. Forbes further approximates its growth to be about $390 million as of 1980.
George Soros is the founder of the Soros Fund Management an organization that controls about $25 billion in the investor revenue. The foundation started as the Open Society Foundation which has donated over $8 billion to other organizations which have the same objective towards helping the society as those of Soros. As of the 2017 rating by Forbes, the founder of Soros Fund Management was indicated to have a net worth of $25.2 billion.
So far he has made donations worth over 12 billion $ through this funding organizations. He has been actively involved in the plea of the LGBT, drug users and the unlawful arrested people in the country.
His organizations focus on promoting justice and equality among the people. For instance, in the year 2000, he addressed President Bill Clinton requesting for a moratorium in regard to the death penalty. He stated that the penalty was disproportionately against the Hispanic and black offenders. Soros has been on the front line fighting for the rights of the immigrants from the Middle East.
The 85 year old billionaire has made a comeback in the world of politics. Soros is a political powerful person who is used by many countries to reconstruct their political rhythm. He has been involved in funding political campaigns. His organization has been used to fund campaigns that are against harsh policies. For instance, he funded the women march that was held after Trump took office in Washington. Read this story at Politico.com about George Soros.
In addition, the federal Election Commission states that he funded the Hillary Clinton campaign with over 25 million $ and other democrats. To support this, his political adviser Michael Vachon mentioned that Soros has been a constant donor to the democratic issues but with Hillary’s it has been exceptional as he offered his support all the way. George using his foundation has supported various reforms, in the justice sector and religious tolerance. Read his profile at Forbes.