George Soros: A Self-Made Billionaire

George Soros is one of the influential individuals involved in politics. Yes, he has political influence, but no, he is not a politician. He has used his wealth and power to influence the political landscapes in the United States and Europe. Soros has impacted the American politics more than any other individual.

George created a fortune through his different projects and is among the 30 richest persons in the world. According to Forbes, George is worth $25.2 Billion. His wealth has given him power and put him in the position where his opinions on politics are not just heard but listened to. A significant source of George’s power is his zeal to transform the world. He views himself as a missionary with a divine purpose to change the world’s institutions and make them better.

Early life

George was born in Budapest, Hungary. Even though he had humble beginnings, George was determined to make something out of his life. It was at that time that he decided to immigrate to England to pursue his education. In 1947, Soros enrolled at the London School of Economics. He earned a Bachelor of Science in Philosophy and later Master degree in Philosophy.

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He secured his first employment at the Singer and Friedlander in 1954 after much struggling. George was first employed as a clerk before advancing to the arbitrage department. In 1956, he received an offer from the F.M. Mayer office in New York. George accepted, relocated to New York City, and joined the Company as an arbitrage trader. While serving in the Company, he specialized in European stocks.

He left the Company after three years and joined Wertheim and Co. as an analyst of the European Securities. He has held other positions in the course of his financial career. Read more about George’s life story at biography.com.

Political Funding

George is a liberal and Democrat supporter. He has in many occasions financed different Democratic campaigns. In 2004 he donated $27 million in a bid to defeat former President George W. Bush. After the elections, George took a step back from political donations, but he came back in 2016. It was reported that he donated $25 million towards Hilary’s presidential campaign. His motivation for supporting Hilary was influenced by two things: his friendship with her and his fear of Donald Trump becoming the president.

Philanthropy

The philanthropy work began in the 1970s when George Soros provided financial support for the students pursuing their education at the University of Cape Town. He has also supported different organizations among them the Open Society Foundation. Most recently, George donated $246 million to the feminists’ group.

In 2016, he established an organization that donated $500 million to the different companies owned by refugees or migrants from Europe.

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