The Formidable Philanthropic Acts of George Soros

One of the most renowned and celebrated philanthropists that have ever traversed the surface of the earth is the phenomenal George Soros. Not only is he a philanthropist but also one of the finest authors and most successful investors in the entrepreneurial sector. Through his brainchildren, the Open Society Institute and the Soros Fund Management, he has given over $10 Billion to charity. His funding has not only been channelled towards supporting organizations but also individuals who have been outstanding as vanguards in the fight for equality, justice, the freedom of expression, accountable and transparent governments and read full article.

Born on 12th August, 1930 in Hungary, George Soros emigrated from his motherland into London where he joined the London School of Economics and graduated with both Bachelor’s and Master’s Degrees in Philosophy. His magnificent entrepreneurial career kicked off when he worked as an employee of Merchant Banks in England and the US. However, his career as an exceptional philanthropist was only about to kick off and learn more about George Soros.

The breakthrough dawned in 1969 when he founded his first hedge-fund that was referred to as the Double Eagle. This proved to be an excellent venture when the profits that George Soros earned were enough to enable him establish another hedge-fund in 1970 known as the Soros Fund Management. The second hedge-fund was started, however, as a subsidiary of the Double Eagle which was thereafter renamed as the Quantum Fund.

Under the superb leadership of George Soros, the Quantum Fund garnered assets whose worth totalled $25 Billion. His name gained a resounding popularity during his career thus making him more successful in entrepreneurial field. Some of the reasons for his spectacular success in this sphere is the fact that he intellectually applied the Theory of Reflexivity by Karl Popper to capital markets thus making him an A-list entrepreneur with a firm grasp and understanding of the stocks. As a matter of fact, George Soros defied all odds during the Black Wednesday UK currency crisis of 1992 as he made a profit of $1 billion and George Soros’s lacrosse camp.

Some of his most significant philanthropic activities were exemplified in 1970 when he funded several black students to attend the University of Cape Town, South Africa during the infamous apartheid regime; this was one of his outstanding acts of dissonance with the Iron Curtain. In February 2017, George Soros was shortlisted in the Forbes Magazine at position 19 among the world’s richest people with a net-worth of up to $25 Billion. It is in all manners of fairness to aver that George Soros is quite an iconic person in the modern world as his life and career lays inspirational imprints to everyone to make the society a better place and Follow him Twitter.com.

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