GEORGE SOROS: investor, business magnate, philanthropist, and author (Article Sample)

If there is someone who has left a positive mark in the world, then it must be George Soros who is an investor, business magnate, philanthropist, and an author. George Soros was born Budapest in the Kingdom of Hungary to Jewish parents August 12, 1930. His mother was Erzsébet, and his father was Tivadar. He moved to England in 1947, three years after Nazi occupation in Hungary. The invasion resulted in the murder of over 500000 Hungarian Jews. This event is what motivated his future venture into philanthropy of ensuring a just and fair society because as a Jew, he experienced discrimination and intolerance firsthand. George Soros joined the London School of Economics and graduated with a Bachelor's, and later Master's in philosophy. His business career began by first work with various banks in England and United States of America. In 1969, Soros started his hedge fund called Double Eagle. He used the profits from Double Eagle to start another hedge fund, Soros Fund Management in 1970. The name of Double Eagle was later to change to Quantum Fund. Soros' net worth as at May 2017 was 25.2 billion dollars. George Soros' philanthropy is perhaps the leading in the world especially if you look at the resources he has put in promoting of democracy. He began his philanthropy work in 1979 by giving scholarships to black South Africans during Apartheid regime. His funds have supported both individuals and organizations all over the world in fighting for freedom of expression, good governance, policy reform, transparency, humanitarian efforts, economic development, education, justice, and equality. His funds mostly support those discriminated because of who they are and those marginalized by the society such as gays, lesbians, sex workers and drug users. For example, he has supported groups representing the Roma people of Europe. Open Society Foundation formerly called Open Society Institute is one of the largest civil societies in the world founded by George Soros. Soros used his resourced to create the organization. He is also the chief financier. He established the Open Society Foundation when he realized that he had enough money to help others. Open Society Foundation funds civil societies across the world financially. Since its founding, it has reported over 11 billion dollars expenditure. Open Society Foundation works in almost 100 countries. In economic development, Soros has used a lot of his fortunes in projects geared towards eradicating poverty. He has donated more than 75 million dollars to Millennium Promise and Millennium Villages Project. The aim of the project ...