George Soros is a highly connected hedge fund investor, and an active politician in the USA. The positive impacts of his political activities have been felt far and wide internationally. Regarding cultural involvements, he also affects the US culture in several ways. Through his firm known as Soros Fund Management, he leverages about $25 billion in assets, apart from having a personal fortune of $13 billion. A man whose zeal for transforming the world into a better place is almost Messianic, Soros considers himself to be a special messenger with a mandate to help the less unfortunate in society.
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He has not only invested widely, but he indulges some of his passions in writing books. In 1987, he wrote a book called The Alchemy of Finance, and in 1991 he wrote another book entitled Underwriting Democracy. The primary social concern that he espouses is a desire to alter the world by fostering social justice and equality for everyone. To this end, he supports many causes and charitable organizations whose priorities match his desires and values. Born in 1930 in Budapest Hungary, the Soros family immigrated to England in 1947 where he went to the London School of Economics. It was during the period that he developed his concept of an open society which is based on universal principles to improve the welfare of all humanity. Know more about George Soros on CNBC.
After studies, Soros began working at a London brokerage agency known as Singer and Friedlander where he learned the technicalities of global arbitrage before moving on to New York four years later to trade in stocks on Wall Street. He then worked as a portfolio manager for a firm called Arnhold and S. Bleichroeder Inc., He saved money and with $250,000 he set up an entity called Double Edge Fund which he renamed the Soros Fund Management in 1979, and later changed it again to the Quantum Fund. It was in 1979 that he began supporting charities by launching several Open Society Foundations which then operated from New York in 1993. He supports causes that spread the ideals of democracy, human rights, the rule of law, social responsibility, and social justice.
George Soros also funds many political organizations whose aim is to elect progressive candidates into office. He strongly supports Democratic principles in the USA, and he hopes to extend the influence to Eastern Europe, Asia, and Africa. Some of the notable personalities he has supported in the past include former President Bill Clinton and Barrack Obama. In helping on the war against terrorism, he believes that only by economically empowering societies where the terror agenda is set can the problem be solved. Currently, he is very much immersed in the Democratic political agenda. Read more on NYTimes.com