George Soros is a successful businessman who was born in Budapest, Hungary in 1930. He was born to a non-observant Jewish family on Bloomberg who had changed their original last name to Soros from Schwartz. The Soros family were living in Budapest when Nazi Germany invaded in 1944. George Soros was 13-years-old when the occupation took place. He survived the occupation and managed to flee to England in 1947. Once he was established in London, Mr. Soros became a student at the prestigious London School of Economics. He earned his Bachelor of Science in philosophy in 1951 and his Master’s in philosophy in 1954 from the London School of Economics.
After graduating on opensocietyfoundations.org, Soros eventually landed in the United States. In 1970, he founded Soros Fund Management of which he also became the chairman for. Soros Fund Management is an investment firm and hedge fund that has grown to become one of the most profitable firms in the industry. Since the founding of the company, the fund has generated over $40 billion. In 1992, Soros and his partner Stan Druckenmiller were able to short the British pound. Mr. George Soros made such a profit from it that he became known as “the man who broke the Bank of England”.
In addition to being a survivor and an extremely successful businessman, Mr. Soros is a generous philanthropist. His philanthropy work began in 1979 when he began to fund black students to attend Cape Town University during the turbulent times of the apartheid in South Africa. Mr. Soros created a network, called the Open Society Foundations (OSF), that give financial support to civil society organizations around the globe. The type of organizations that the OSF looks to support includes those who want an independent media, who are looking to advance their country’s education system, justice system, or public health care system. Mr. Soros has personally given away $11 billion of his personal money so far in his lifetime towards his philanthropic interests.