History of the Philanthropist-George Soros
George Soros is an investor, author, philanthropist, and self-made billionaire. The 87 year old Hungarian is the head of Soros Fund Management, and Forbes listed him as the 21st richest person globally, with a net worth of 26$ billion.
Soros is a survivor of the Nazi regime in the 40s, and hails from a humble background, such that he financed his education at the London School of Economics. Having pursued economics provided a foundation for his career in finance. Like other self- made billionaires, Soros success journey started when serving as an analyst of European securities. His hard work raised him to the capacity of vice president at the Arnhold and S Bleichroeder, among others.
Soros Philanthropy Work
Having grown in a humble background, George Soros appreciates giving back to the society. This generous cause has led to the establishment of Soros Fund Management, known as the Quantum Fund Endowment. Initially, this charitable organization started as an Open Society Foundation that made billions of donations. The organization has a net worth of over 25 million, according to Forbes. Being the most popular philanthropist, Soros aids regions experiencing natural catastrophe, he puts up after-school programs in New York, and pushes for justice of the unlawfully arrested. His charity program started by issuing scholarship program for the South Africans during the apartheid regime. His background in Hungary, being from the minority (anti-Semite) laid a platform for him to consider the minority, as he believes educating the persecuted is an effective way to handle prejudice.
Soros Rising Again
After making amicable charity to the society, Soros has been silent or rather less actively involved in financing politics and specifically presidential campaigns. One of such instances to remember is his involvement in shaping the democratic system in the Eastern Europe. However the good news, according Politico Magazine is that Soros has made a comeback. His return is culminated by his support of the US presidential campaign, for Hillary Clinton and fellow democratic aspirants. These claims have been proven by the Federal Electoral Commission (FEC), having carried out interviews with Soros’s associates. Read more about George at The New York Times.
Moreover, Soros political advisor confirms his engagement in making donations to Democratic causes. These donations are at times made through other organizations like the Priorities USA Action that received $7 million in support of Clinton. Further FEC indicates Soros involvement in donating $2 million to an opposition research against Trump’s win.
The Ferguson Protest
It’s common for prominent entrepreneurs in the business world to support political campaigns or get politically affiliated. This is not any different from Soros, who according to the Washington Times, was behind the funding of the Ferguson Protest Movement where he made a donation of $33 million in one year. The funds were involved in coordinating the groups in Ferguson. Soros believes that citizens have a right in exercising their democratic rights, in state affairs. Learn more about his profile at Forbes.com.