George Soros has seen the worst days of his life yet he still stands unshaken today. The 86 years old self-made billionaire has earned his wealth through hedge funds. He lives in Katonah, New York. According to Forbes, Soros net worth stands at $25.2 billion. He studied Bachelor of Arts and Bachelor of Science at the London school of economics. On the Forbes 400 ranking, George Soros was position 19 in 2016. He was also named among the top ten highest earning hedge fund managers. George Soros is a huge supporter of causes aimed at helping refugees. In September 2016, he promised to invest $500 million (through his foundation) in the companies established by refugees and migrants – especially the ones arriving in Europe. Last year, he also donated $3 million to a Super PAC that was mobilizing Hispanic voters.
George Soros’ deep passion for offering help to the refugees and immigrants is something personal. He was born in Hungary and witnessed the adverse effects of the Nazis occupying his hometown. Later on, Soros managed to get out of the country and put himself through the London School of Economics, at the same time working as a waiter and a railway porter. He knows too well what the immigrants and refugees go through before they stand up on their own feet. George Soros kickstarted his career in finance in a merchant bank, before moving to New York to work on Wall Street. In 1969, George Soros established a hedge fund with $12 million which later took up the name Quantum Fund on nytimes.com.
His exposure to the works of Karl Popper, a philosopher is said to have been the origin of the causes and agendas he fights for until today. He did not have the opportunity to study directly under Popper, someone he considers a spiritual mentor, but submitted essays to him for review and comments. He warmed up to the open society after reading Popper’s work, Open Society, and Its Enemies. Soros’ life revolves around this theme. In an article published on Discover the Networks, Soros says that in as much as he is pushed by the desire to change the world in general, his biggest focus is changing America into something new that embraces and fights for social justice. Soros believes that the society should be open in a manner that the citizens of a nation have the right tools to bring positive changes to the institutions and that leaders must be accountable to the people they serve. George Soros dreams of a society where members can voice out their concerns and ideas without fear. George started his philanthropic activities in 1979 and five years down the line; he launched the first of his many Open Society Foundations in his hometown. In 1987, he opened another OSF office in Moscow, and since then, he has been disseminating significantly large amounts of money to different groups and causes. By 1992, George was already giving out up to $300 million per year – a substantial increase from $3 million in 1987.