In the political landscape of the United States and many other countries, George Soros is a well-known personality. He has played a pivotal role in the political space of the United States in the last couple of decades, by supporting politically and financially, some of the most influential Democrats. It includes the recent U.S. Presidential Election, where George Soros spent close to $30 million to back Hillary Clinton, and defeat Donald Trump, who he severely dislikes for his policies.
As one of the most successful hedge funders on the planet with the wealth close to $25 Billion, George Soros is known as one of the most influential political contributors on the globe. George Soros is a Hungarian-born Jew, who was forced to leave his country while still a teenager to escape the atrocities of Nazis. He along with his family fled to the United Kingdom, where George Soros joined London School of Economics to study Economics. After completing his studies, George worked with a local merchant bank for a while before moving to the United States to try his luck at the world’s most powerful and largest financial district, the Wall Street.
After several years working on Wall Street, George Soros managed to start his fund with $12 million, which is now known as Quantum Fund. It marked the birth of the Soros Management, which till date continues to be one of the largest and the most successful hedge fund and asset management firm on the planet with over $30 Billion in assets under management. George Soros is also the founder of Open Society Foundation, which is regarded as one of the wealthiest and high-funded philanthropic organizations in the world. Open Society Foundation supports and donates to charitable and independent organizations that support the causes George Soros feel for, including migrant rights, justice reforms, racial disparity, equal opportunities, financial empowerment, developing close-knitted communities, and more. Read more about George’s life story at biography.com.
In a recent move, George Soros pledged $500 million to support the businesses started by immigrants and refugees. He feels that immigrants are not able to get the kind of opportunities they deserve and are treated as second class citizens. It is also one of the reasons for him wanting to defeat Donald Trump as his policies aim to destroy what George Soros has worked for so long. Few other organizations Open Society Foundation donates to include Arab American Institute, Lawyers Committee for Civil Rights, All of Us or None, America Coming Together, Citizens for Responsibility and Ethics, Change America Now, Drum Major Institute, EarthJustice, Four Freedoms Fund, Gamaliel Foundation, Human Rights First, Immigrant Legal Resource Center, Immigration Advocates Network, and more. George Soros aims at building a better tomorrow with the wealth he has accumulated over the years to support organizations that align with the causes he believes in. Know more on Investopedia about George Soros.