George Soros, one of the top billionaires in the world and a philanthropist, is known for humanitarian service to the needy and the strugglers in the society. A self-made billionaire with struggles in the childhood is always in the front to support the society in its needs. Apart from that, he finances to political campaigns on nytimes.com that are targeting hate crimes, divisive policies, closed market strategies, etc., as he refers these are creating walls within the society and can disintegrate by country, religion, race, caste, region, etc. He is a supporter of Democratic Party ideals and strongly supports open society foundations. Professionally, George Soros is one of the most successful hedge fund managers in the U.S. with a net worth of $25.2 Billion and the chairman of his own Soros Fund Management, LLC, his investment management firm. What makes Soros very special is that whichever the causes he feels standing with his agendas and views, he supports it and give away his hard-earned money.
George was born in a Jewish family in Budapest on August 12, 1930. He witnessed the sufferings of Second World War when Nazis invaded Hungary. His father’s smart move saved the family, and after the war, the family migrated to England. He attended the London School of Economics (LSE) and where he met philosopher Karl Popper, his spiritual mentor. Popper’s books and works influenced young Soros and played a crucial role in developing his character and setting his principles on Biography. Through Popper’s works, Soros was introduced to the idea of “open society.” An open society encourages its members to criticize each other on beliefs, doctrines, etc. Most importantly, it is working against the “I am the truth” kind of exhortations and sees every belief has its own share and stand without interfering each other. Also, if society thinks that it is better than other societies, then it is no longer an open society and becomes a closed society on discoverthenetworks.org.
After LSE, George Soros joined Singer and Friedlander, the London-based brokerage firms. Later, he relocated to New York and started working with Wall Street firms. He founded Soros Fund Management in 1969, and it grew quickly in the market and reached $1 billion valuations in 1985. From 1979, George Soros started support philanthropic organizations, and in 1984 he floated his first open society foundation in the country. It should be noted that he gave away $3 million in 1987 and it grew many folds to $300 million in 1993. It should be noted he helped the organizations around the world and currently, there are 70 countries that have his open society foundations or its branches. In his terms, the open societies stand for democracy, freedom, human rights, the rule of law, social responsibility, and social justice as a universal idea.