When George Soros escaped Nazi Hungary in 1947, he didn’t know he would become one of the wealthiest people in the world. Soros had no idea that his hedge fund would go down in history as the fund that rattled the Bank of England in 1976 when the fund placed a huge bet that the pound sterling would lose value because the euro was introduced to the international currency market. And Soros didn’t know that he would start one of the most influential nonprofit organizations in the world, the Soros Open Society Foundation. But all those things happened to George Soros. George went from a refugee to a person the world respects for his philanthropic work and his skillful investing.
Soros is adding another experience to the long list accomplishments that have made his investment, and business life so intriguing. Mr. George Soros is investing $500 million in refugees, according to CNN News. George recently announced that he would invest in any business started by a refugee, and he would invest in companies that produced services and products that helped refugees. Soros is not expecting his usual return on this investment. The investments will be handled by his nonprofit organizations on Twitter.
There is always a story about George Soros in the financial news. George Soros’ skill at picking assets that produce big returns is at the expert level. The Soros family hedge fund has more than $30 million in assets under management, and the fund’s recent investment in gold is already producing a better-than-average return. Soros graduated from the London School of Economics with a degree in philosophy. Instead of studying business, Soros decided to search into the depths of the human psyche and find out why humans act the way they do. He wanted to know why men like Hitler gain power, and why does the Middle East refuse to live in peace. Soros found some of the answers, but he realized not all the answers can be found. So he took it upon himself to help people that couldn’t help themselves, especially the people that have no idea what democracy or freedom is or what it can do.
George Soros has dedicated his life to spreading democracy throughout the world because he knows the horror that exists in oppressive nations. People that escapes that horror deserves a fresh start, and the $500 million Soros has dedicated to helping some of the refugees get a new start is an incredible act of kindness and compassion. Soros asked the European Union leaders to find a solution to the migration crisis, and instead of investing money in the refugees, the leaders decided to invest the money in Turkey. But Soros stepped up, and he is showing the EU and other countries that solving the refugee crisis is about accepting and helping refugees get back on their feet again.