Bluegrass Game

George Soros:The Greatest Investors

George Soros, a non-practicing Jew hails from Hungary, Budapest. He was born in 1930 and he fled away from his country during the Nazi’s invasion. George Soros lived in Budapest with a foster family after his father paid for him to be claimed a Christian godson to a Hungarian government official named Baumbach. He and his family went to England, where he attended the London School of Economics as he worked as a railway porter and waiter.Later on after his graduation, he joined the London brokerage firm Singer and Friedlander, and became adept in international arbitrage. However, he later moved to New York, where he established himself by trading on Wall Street. Due to his influence, George Soros rose to the position of New York Hedge fund manager hence becoming one of the most powerful personalities on earth.

In addition, Soros had amassed strong political influence which he used to reconstruct and reshape the political landscapes of a number of countries. Around 2001, when George Bush took over power, Soros was really convinced that America was heading the wrong direction especially after the 9/11 attack. He was of the idea that America should combat terrorism by ambushing a global war on poverty. Soros had a clear vision on how to steer America politically and ideologically in a direction that was consistent with the agendas of his philanthropic funding of his foundations.Moreover, he was directly involved in global politics through positive criticism and training of activists. Apart from the funding made to activists groups and cause, he has funded a notable number of presidential aspirants like: Bill Clinton, Hillary Clinton, and Barrack Obama.

Soros began his philanthropic work in his mother country by launching one of his many Open Society Foundations. This was with an aim of building democracies that were vibrant and tolerant to ensure that governments were accountable to their citizens. His philanthropic work grew steadily, but shot to greater heights after he launched the Moscow office in 1987. His donations to the groups and causes grew tremendously from an expenditure of 3 million dollars to more than 300 million dollars per year.In conjunction to establishing stable democracies globally, he splashed most of his funds to various groups and causes. He was happy to just sit on the wall and watch as all the foundations he had funded flourish in more than 70 countries throughout Eastern Europe and Central Asia. Soros was part of the flagship of the Soros Foundation Network. It later came to be known as the Open Society Institute in 2010.