George Soros is one of the most successful hedge funders of all time, and thanks to his investment strategies and techniques, he has been able to amass a fortune of over $25 Billion in his career spanning over five decades. However, it is not only his success in the business that is worth talking about as along with being a successful businessman, he is also a popular political contributor, opinion leader, author, and social reformer. Learn more about George at Biography.
He is known to be an out and out support of Democratic ideals, and even though he didn’t contribute much financially in the previous two elections, he came out with all his support in 2016 Presidential Election to support Hillary Clinton. As per a report, he provided funds estimated at $30 million to support the Clinton campaign and was ready to provide more if needed. However, to his surprise and disappointment, Clinton couldn’t win the elections and Trump became the U.S. President, who George Soros has openly showcased his disliking for. George Soros feel that the Trump would not support the causes he has been working for and would work against the Democratic ideals, which would put many of his social reforms and projects in jeopardy.
One of the reasons George Soros is highly known for across the globe is for his philanthropic efforts and generous donations he has made to improve the world we live to various charities. Till date, George Soros has given donations of over $12 Billion, which is amongst the biggest philanthropic contributions in the world. However, he continues to add to his contributions with every passing year, and even at 86, he is quite comfortable and active in both social and political sphere. He even has a foundation named Open Society Foundation, which is associated with many leading organizations in the field of social and community welfare to support the causes George Soros feel for. Open Society Foundation reaches out to organizations and communities in over 100 countries and is involved in many social welfare projects in the country as well as overseas. Know more on cnbc.com about George Soros.
George Soros is the chairman of the Soros Fund Managements, one of the leading hedge fund management firms in the world. The company is known to be one of the most consistent performers in the field of finance and investment, even during the sluggish market. George Soros completed his graduation from the reputed London School of Economics. After graduation, he went on to take a job in a local bank but left that job soon after to move to the United States and try his luck on Wall Street. However, the luck didn’t strike immediately, and after few years of struggle, he managed to start his fund named Quantum Fund with the capital of $12 Million.
George Soros in order to help the businesses started by immigrants and refugees in the United States recently pledged to give $500 million. He believes that the fund he would provide would help the refugees, minorities, and immigrants to stay afloat in the competitive business market and expand their business to realize their dreams.