George Soros is a force to reckon with in the business world, and this has led to the creation of false theories that have no basis. His philanthropy work all over the world and the huge wealth that he has amassed over the years has led to the belief that he controls the world’s wealth. According to the business insider, this is because of his open support of liberal groups and their different causes. Soros, who is currently 86 years owns a successful hedge fund and his net worth amounts to billions of US dollars. He was famous for amassing a billion dollars in profit overnight after betting against the British pound back in the 1990s, and it broke the England monetary system. He did the same when Asia was going through a financial crisis, which made him a lot of profits in the process.
25$ billion is the current net worth of George Soros, according to the business insider. He has not been one to shy off from supporting his causes; in the past, he has been known to give monetary support to various political groups. He has also spoken out against political issues that he was not in support of such as the Iraq war. Due to this outspoken nature and support, many have claimed that he wants to influence political decisions. But far from this, the truth of the matter is, he has been donating a lot of funds to democratic causes all across the world, and other billionaires have been known to do so. Visit Project Syndicate to learn more about George.
The Open Source Foundations has quoted George as one of the most prolific philanthropists in the world. Soros has given out $12 billion towards different philanthropic causes as noted in an article in the open society foundation. The financing has gone to both individuals and groups all over the world. He has gone into the record book for supporting the education of South African students during the apartheid rule. Some of the other causes he has supported include, fight for freedom, transparency, a fair government and equality for all despite backgrounds or economic status. Know more on investopedia.com about George Soros.
Having been a victim of discrimination himself, he is passionate about the causes he supports. As a teenager, he nearly suffered execution in his native home, Hungary by the Nazis together with his family for being a Jew. He, later on, helped other Jews to escape the executions by the Nazis, which saw more than 50 000 Jews lose their lives. He has also been known to support the rights of the marginalized such as sex workers, LGBTI, and even drug users. To date, he continues with his philanthropy work, helping the marginalized find justice, give education to the poor and also support various political ideologies.