George Soros is a billionaire investor and the founder of Soros Fund Management. He has a net worth of $25.2 billion. George was born in Hungary. The shrewd entrepreneur fled the country for England where he enrolled in the London School of Economics. He used to work as a waiter and a railway porter. Soros began his career in finance at a merchant bank before moving to New York. He worked in Wall Street and was able to start a hedge fund with $12 million in 1969. Soros shorted the British pound and made an outstanding profit. Soros has continued to make investments through Soros Management Fund. The company’s assets are valued at $30 billion. In 2017, Soros recruited Dawn Fitzpatrick to manage his investment portfolio. She serves Soros Fund Management as the chief investment officer.
He is also involved in philanthropic activities. Soros has donated over $12 billion. He supports people and organizations that fight for freedom of expression, accountable government, and promote justice and equality around the globe. His contributions focus on issues that discourage discrimination. Soros has supported groups that represent the Roma people of Europe and ordinary citizens such as sex workers and drug users. While living under the Nazi occupation, he experienced similar intolerance firsthand that led to the death of more than 500,000 Hungarian Jews. Soros’ Jewish family survived through concealing their information and obtaining false identity papers. His father played an imperative role of protecting his family. He made a fortune after moving to the United States. Soros used this fortune to create the Open Society Foundations. This organization has active operations in more than 100 countries. The success of open societies is anchored on its strong network of foundations, projects, and partners. Learn more about his profile at Forbes.com
The work of the Open Society Foundations reflects Soros’ ideology that is greatly influenced by Karl Popper’s philosophy. Initially, Soros interacted with the philosopher during his days at the London School of Economics. In his article, Open Society and Its Enemies, Karl Popper notes that no ideology or philosophy is the complete arbiter of truth. He argues that societies can only advance when they uphold freedom of expression, democratic governance, and respect for individual rights. This idea forms the core of the operations of the Open Society Foundations. George Soros started donating in 1979 when he offered scholarships to black South African students. In 1980, he supported the advancement of open societies in the Communist East Bloc. He purchased photocopiers to reprint texts that had been banned at the time. Over the years, Soros has continued to support numerous causes through the Open Society Foundations. This information was originally published on the Open Society Foundations’ website as explained in this link https://www.opensocietyfoundations.org/people/george-soros.