Billionaire George Soros Is A Financial, Social, And Political Powerhouse
There are not very many things in life that stay the same. George Soros realized that fact early in his life. The Hungarian-born multi-billionaire was born 86-years-ago, and his name wasn’t Soros back then. His parents, Tividar and Erzebat Schwartz, were non-practicing Jews, in Hungary when the Nazi’s invaded their homeland. In order to protect his family, Tividar, an attorney, changed his last name to Soros. Armed with a new name, Tividar decided to split-up his family in 1944 to protect them. He concealed his Jewish heritage, and on paper, Tividar, his wife, and his two sons became Christians.
George Soros still remembers those days. He was only 14 when he became involved with a Hungarian government official that protected him while his father made plans to get the family out of the country. In 1947, George and his family moved to England, and the next chapter of the Soros saga began. George attended the London School of Economics, and he earned two degrees in philosophy from that prestigious institution. In 1952, Soros went to work for a London brokerage company. That’s where George Soros learned the international investment business. Four years later, he moved to New York. That’s when his career as a hedge fund manager started to take shape. In 1960, he married his first wife, and in 1961, Soros took the citizenship test and another change was taking shape in his life. In 1969, the George Soros Hedge Fund began a steady climb up the asset ladder. By 1979, the Soros Fund was now the Quantum Fund, and George was managing more than $380 million is assets back then. By 1985, Soros had more than $1 billion in assets under management.
The rest of the Soros hedge fund story is still being written. Soros only invests family money now. His reputation as an economic and social reformer is the real story these days. Soros is one of the Democratic Party’s largest donors. The Soros Open Society Foundation donates billions to spread Democracy to more than 70 countries around the world. George always has a seat at the yearly Davos Economic Summit, and his opinion carries a lot of weight. When the migration issue became a worldwide concern, Soros offered a logical solution to the problem. When the United Kingdom decided to leave the European Union, Soros fought hard to keep the country in that union. He is constantly being interviewed on project-syndicate.org, and he is not afraid to share his opinions with anyone.
According to an article published by discoverthenetworks.org, Soros is not giving up his quest to be the conscience of the world. World leaders respect Soros for what he does to promote the open society concept around the world. The fact that the Soros Fund has more than $25 billion in assets under management is another reason on opensocietyfoundations.org, George Soros is considered a modern day genius.