George Soros, an 87-year-old billionaire-investor was born in Hungary but later ditched home for America. Forbes recognized him as the ‘self-made’ man, with personal net worth of about $25.2 billion. He acquired his wealth through Hedge Fund management, a career he started after graduating from London School of Economics.While at the campus, Soros showed a lot of determination, he worked as a waiter and porter at the Railways and at the same time studying. After school, he went to New York and started his career at Wall Street, a place where he founded his first ever business of hedge fund in the year 1992 with a seed capital of $12 million.
With the help of his friend Druckenmiller, Soros made a fortune through British pound which acted as the base for his today’s prowess in investment industry through his firm Soros Fund Management. He also employed competent team lead by Dawn Fitzpatrick (as Chief Investment Officer), to manage his investments portfolios and head the company. George Soros has a United States’ citizenship and lives in Katonah in New York. In 2017, he was ranked number 29 in the Forbes Billionaires and number 19 in Forbes 400 in the year 2016.George Soros is also known for his philanthropic activities where he supports charities and non-governmental organizations. He has donated over $13 billion towards human rights groups who are fighting for reformations and better education as well as the health facilities globally.
George Soros also advances his agendas of helping people through his political supports. He supports leaders he perceives to be having real plans for the people. In America’s politics, George Soros is known for showing his support through his generous donations towards the candidates of his choice.Article published in Politico Magazine showed that George Soros used over $24 million back in the year 2004 with the aim of defeating President George W. Bush. George also supported Barack Obama in 2008 through his donations of $2 million.He also donated over $25 million to support Hillary Clinton’s unsuccessful race for the White House as shown by official records of Federal Election Commission, the Politico article added.
George Soros also donated $7 million towards the support of super PAC, a group that supported Hillary Clinton called Priorities USA Action among other political groups.George Soros’ giving was seen as a catalyst for other rich people who followed suit; they include Tom Steyer, Don Sussman, and Haim Saban among other wealthy activists. George Soros also supported voters’ mobilization groups as well as candidates with policies that were in line with his beliefs. In 2015, he with other wealthy activists formed Democratic Alliance which a goal of support groups with long-term objectives regarding improving community’s welfare and climate.