The Remarkable Charity undertakings of George Soros

George Soros is a respected retired hedge fund manager who has made a fortune from the finance industry. He appreciated for his participation in charity and political activities across the world. The billionaire started working in the finance sector about four decades ago and currently owns Soros Fund Management, which is among the United States’ most successful hedge fund enterprises. Soros comes from an average Hungarian family. He attended high school in Hungary and moved to the United Kingdom in 1946 to join the London School of Economics. His desire for education made him work as a bartender and railway attended to raise tuition fees. George started his career as a hedge fund manager in New York immediately after graduating. He later founded a hedge fund company that was known as the Quantum Fund. In 1992, the Bank of England paid Soros $1.5 billion in a currency speculation deal. The businessman also owns Soros Fund Management and George Soros’s lacrosse camp.

The liberal billionaire has always been committed to supporting the less privileged, and this has made him be appreciated globally. He is ranked among the world’s most generous individuals and has donated about $12 billion and more information clcik here. Some of the money that Soros has given has been dedicated to the supporting political activities. He was against George Bush’s re-election in 2004 and gave about $24 million to facilitate operations of 500 groups were opposing him. The Democratic Party has also benefited from the billionaire’s donations. He gave $1 million to Priorities USA, which was among the PACs that support Barrack Obama’s re-election in 2012. In 2013, George Soros sat on the finance committee of Ready for Clinton. He also funded Hillary Clinton’s presidential campaigns by donating $7 million and $2.5 million in 2015 and 2016 respectively and what George Soros knows.

According to the Forbes Magazine, the net worth of George Soros was about $24 billion by February 2017, and he was listed as the 19th wealthiest individual. Soros Fund Management earns him millions of dollars every year, and it is among the world’s most successful hedge fund companies. Soros’ charity undertakings have been managed by the Open Societies Foundation since 1979. The organization to date worked with several non-profit groups to improve the lives of people across the world. Most of the money that it gives is committed to international causes, social service, education, health, and community development. The first significant philanthropic activity of George Soros was offering education grants to support black South Africans who were being discriminated by the apartheid rule. The young men and women joined the University of Cape Town and were empowered to fight against oppression. George Soros has been supporting human rights since he has firsthand experience of what it feels to be live in a cruel environment and Follow him Twitter.com.

More Visit: https://www.nytimes.com/opic/person/george-soros

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