George Soros, the Self-Made Billionaire

George Soros is an American Citizen who traces his origin in Hungary and is also one of the richest men in the world today. In 2006, his overall rank was number seventy-one on the billionaire’s list. Presently, his net worth is valued to be more than seven billion dollars, a fortune that he has made from Hedge Funds. Besides, George is a married man and has had the chance to father five children. Soros was born at a time when people from his nationality were getting persecuted. For this reason, he fled Hungary for London. It is in London that he secured employment as a railway porter and waiter; jobs that helped him get enough money to enroll at the London School of Economics. Later on, George got employed as a financier at a merchant bank. Since George was good at saving, he was able to set aside a lot of money that eventually enabled him to set up the Hedge Fund, an organization that has amassed his billions of dollars over the years. Later on, the Hedge Fund faced branding changes into what is known today as the Quantum Fund.

Presently, George is the founder of the Soros Fund Management, an organization that boasts of over thirty billion dollars in assets. Besides being a stout businessman, George Soros also has an interest in politics and philanthropy. When it comes to politics, Mr. Soros provides political donations to Democratic Party candidates, so as to help facilitate their campaigns. He has also founded the Open Society Foundation; an institution meant to streamline government forces so that they do not get the upper hand and start oppressing the citizens. Also, the Open Society Foundation has been instrumental in helping drug addicts’ deal with substance abuse. Improvement of health care systems has also been a priority for the Open Society Foundation under George’s leadership. For this reason, he has invested heavily in education, especially for children from low-income families and people with disabilities.

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Besides, George has also extended his helping hand to migrants and refugees. Since the above groups of individuals are usually financially constrained, George helps stabilize their businesses by offering them financial training and aid. In his view, Soros feels that when minority groups gain assistance to make something meaningful from their lives, then the host countries get to benefit from their productivity. It is only recently that George Soros offered five hundred million dollars to help migrants and refugees make something meaningful out of their lives.

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One thought on “George Soros, the Self-Made Billionaire

  1. George loves helping the youth since it is his belief that it is the young people with the ability to steer a nation to a great direction. At eighty-six years of age, George is a man who wants to see the world change for the better. It could also be that http://superiorpapers.org do things that would have been related to what others have been talking about.

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