The contributions of George Soros as a philanthropist as well as a political activist are immeasurable. The charity foundation started by George Soros in the year 1979, Open Society Foundation, is second biggest private charitable foundation in the world after Gates Foundation. Chris Stone, who is the President at the Open Society Foundation, said that the primary aim of the association is to search across the globe and identify the people and communities that are vulnerable, marginalized, and suffering. Open Society Foundation also supports organizations as well as individuals who are pro-democratic. One of the aims of George Soros is to spread political ideology, which is democratic liberal.
George Soros recently wrote an article on how the world is swept in the wave of capitalism, which can be dangerous in the long-term. George Soros has seen the political landscape of the world transform in the last six decades and know why it is essential to support the right ideology and the right people in politics to support the positive change of the world as we move ahead towards the future. George Soros has done his early schooling in Budapest, Hungary, where he was born as a Jew. However, when Nazi-occupied his homeland, George Soros, and his family had little to no option to continue staying in Hungary and had to move their base elsewhere. George Soros and family moved to England in the year of 1947, where Soros joined the London School of Economics to continue his higher education. At London School of Economics, George Soros did Masters in Philosophy. Along with studying at London School of Economics, George Soros worked as a waiter and a porter to support his studies.
Even as he completed his studies in philosophy, George Soros decided that he wants to pursue career in finance. It is what helped him make up his mind to move to the United States after completing his education. In 1956, George Soros moved to New York, United States, and in the next few years worked at various banks at different positions. Working at the banks helped him gain the knowledge and the experience needed, which is what he was looking for before he can start his independent venture. In 1973, after George Soros has accumulated much finance as well as experience, he launched Soros Fund Management. The first hedge fund that he started by the name of Double Rock became quite famous among the investors as well as in the financial market. Its name was later changed to Quantum Fund.
Over the years, George Soros has earned massive respect as a businessman and philanthropist and is listed in Forbes as the 29th richest person in the world with a wealth of over $25 Billion. However, he made an announcement recently that he has transferred a sum of $18 billion to the foundation, Open Society Foundation; he started to channel funds into various charitable initiatives supported by him. He continues to be highly active, socially and politically and keeps an eye out to look out for philanthropic efforts that he might want to support.
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