George Soros is not only a brilliant investor but a philanthropist of the highest order. He has managed to give away more that $12 billion. As the name of his philanthropy, Open Society Foundations, suggests, he is dedicated to transparency, accountable governments, and the promotion of equality and justice in all societies. Soros is dedicating his efforts to this philanthropy and leaving the running of his hedge fund to managers. He travels the world lecturing on economic principles and encouraging the ideals of his foundation.
The story of George Soros’ early life was fraught with danger and a sense of impermanence. A native of Hungary who was born in 1930, Soros was thrust into the deadly conflicts of the Second World War. His country was first occupied by the Nazis and later by the Communist forces. Soros was born a Jew but escaped to London where he worked his way through college as a waiter and railway employee. He graduated from the London School of Economics and in 1956 he emigrated to the United States of America. It was here that he began his investing career and where he would begin his own hedge fund in 1970.
It was at the London School of Economics that Soros came into contact with the writings of Karl Popper whose book, Open Societies and Their Enemies, would influence Soros’ life and become the name for his philanthropy. Visit Project Syndicate to learn more about George.
Soros has been a supporter of liberal and progressive politics and donated $millions to the campaign of Hillary Clinton. He has earned the ire of rich republicans who disagree with his liberal political positions. And, unfortunately, as we are discovering following this latest presidential election, there is a reemergence of anti-Jewish sentiment fouling the minds of voters in the United States of America.
George Soros has offered assistance to those suffering most in the Mid-East refugee crisis in Europe by giving grants and subsidies to those who are now displaced and in many cases not wanted in foreign countries. At 86 George Soros will not be able to save the world from itself for much longer, but his Open Societies Foundation will continue to do his philanthropic work long into the future. Visit his site to know more at opensocietyfoundations.org.