George Soros Chooses To Do Good with His Personal Fortune

The name George Soros brings great joy to many liberal and left leaning individuals and groups around the world as he has grown into one of the most important political and philanthropic donors ever seen. Forbes reports George Soros has developed one of the most successful hedge funds ever seen in the financial industry with Soros himself being the controlling figurehead of Soros Fund Management throughout the majority of its life; after arriving in the U.S. in the 1950s, George Soros established his own initial hedge fund in 1969 with just $12 million that has developed into a $30 billion brand that is almost unmatched in Wall Street history for its size and success.

The development of his personal fortune of around $25 billion in 2017 made the Holocaust survivor consider how best to use the wealth he amassed and what he felt he was destined to do with his life. In general, George Soros looks at his success as a sign that he was destined to help as many people in the world as possible and eventually began exploring philanthropy in the late 1970s, according to Discover the Networks. 1982 saw the establishment of George Soros’ Open Society Foundations that now has more than $1 billion in assets and seeks to push forward the idea of democracy and the protection of human rights across the planet. Visit Project Syndicate to learn more about George.

In interviews and his books, George Soros has stated he believes his financial success was only made possible by his commitment to providing a more successful future for the human race as a whole. The biography of George Soros points back to his early years in Nazi occupied Hungary as the moment when the young man began understanding the importance of money and power. Soros went on to explain his belief that making money was his way of joining the most powerful people in the world, yet his main goal was not simply to make money, but to help develop a new social agenda that could have a positive effect on the planet as a whole. Visit cnbc.com to know more about George Soros.

The decision by George Soros to back Hillary Clinton’s campaign for The White House in 2016 came after the financial specialist had admitted his own mistake in backing President Barrack Obama in 2008 over the former First Lady. The philanthropic work of the hedge fund legend continues apace with the Open Society Foundations working in over 100 nations, including the U.S. where social and criminal justice concerns top the list of priorities. As one of the founding members of the Democracy Alliance group of wealthy Democrat’s, George Soros has vowed the Presidency of Republican Donald Trump will be a time for the party to become a major force of opposition seeking to build a stringer grassroots following for the future.

Leave a Reply

Your email address will not be published. Required fields are marked *