The Inspiring Life of Billionaire George Soros

Those who know George Soros know him as one of the richest men on earth. In fact, his wealth is estimated to be $25.2 billion by the Forbes Magazine. This approximation means that Soros is the 30th richest man on earth. He has acquired his wealth through the Soros Fund Management that he established in the year 1970. This company specializes in hedge funds and making risky currency trades. However, things have not always been smooth for George Soros. He struggled to get through life as a child in Hungary due to Nazi persecution. His father, however, moved mountains to see that his son succeeds in life. He achieved this feat by producing fake documents and identities for his family. George Soros is a man who loves democracy. He recently funded the election of Hilary Clinton as the President of the United States by making a personal donation of over $30 million. His philanthropy with the Democratic Party is long standing as he had supported the 2004 elections by making donations of over $25 million. George Soros established the Open Society Foundations.

Analysts say that he funds the Democratic Party as most of its members agree with his ideologies. George Soros supports immigration reforms in the United States. Other changes that Soros supports in the free world include criminal justice reforms and religious tolerance. This is the reason why George Soros disagrees with Donald Trump on many issues. Whenever he makes a political donation, it’s followed by donations from other rich billionaires. For instance, the 2016 donation was followed by donations from other rich men such as Haim Saban and Sheldon Adelson. His love for finance goes back to London School of Economics back in the year 1947. During his days at the London School of Economics, George Soros read books about Karl Pepper and these books influenced him very much. He credits his transformation to reading a book called Open Society and Its Enemies. Another theory by Karl Popper that has influenced him a lot is the General Theory of Reflexivity.

In the American politics, George Soros is known as a liberal. The donations to Clinton’s campaign were through the Open Society Foundation. The Politico revealed that George Soros has been a friend of Hillary Clinton for close to 25 years. Soros felt stakes were high during the 2016 elections funding campaigns against district attorneys and sheriffs who opposed his agendas. Due to the difference in ideologies with the current president, George Soros compared him with ISIS claiming that Trump was instilling fear in Americans. George Soros is now 86 years old and he still supports democracies across the world. His current project in advocating for democracy is Burma. He is still involved in the day to day running of most of his business. Learn more about his profile at businessinsider.com.

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