George Soros is the founder of the “Open Society Foundation” and the founder and owner of the Soros Fund Management. Soros Fund Management was named as the most profitable company in the hedge fund sector with close to $30 Billion in assets under management and giving out returns annually at the rate of 20 percent for over four decades. George Soros, age 86, is an influential opinion leader, success hedge funder, investor, author and philanthropist. In the recent U.S. Presidential Elections, Soros supported Hillary Clinton’s campaign with all his resources. George Soros funded Clinton’s campaign directly and through Democratic Super PACs more than $24 million.
George Soros is among the richest in the world, and his net worth is estimated at $25.2 Billion. Currently, he is the 19th richest person in the world is the resident and citizen of the United States. Consistent with his support for social causes and immigrant reforms and eliminating racial disparity from the U.S. society, which Soros feels is one of the biggest problems of the country, Soros recently committed $500 million to support businesses started by refugees and immigrants on opensocietyfoundations.org. He feels personally for the immigrants and the refugees because he has gone through such plight himself after fleeing Hungary occupied then by Nazis. George Soros fled to London, where he joined London School of Economics and worked as a railway porter on the side. After graduating, he acceded to a merchant bank and that marked his beginnings in the world of finance, and the rest, as they say, is history.
To boost his career and advance in the field of finance, he moved to New York and worked in the Wall Street. In 1969, he established his first-ever hedge fund with $12 million that later came to be known as the Quantum Fund on project-syndicate.org. He is widely known for breaking the Bank of England in 1992 when he made a short sale of the company’s share in massive quantities, putting the Bank of England on the path of destruction. He is one of the most powerful and influential political contributors in the U.S. to liberal candidates. The victory of Donald Trump is something that upset him tremendously as he believes that his views, working style, and ideology would lead the United States backward, and may even cause national security risks because of his radical views on discoverthenetworks.org.
Numerous organizations and charities receive directly or through his first organization, Open Society Foundation, monetary contributions to support and promote the causes that align with those of George Soros. Some of the notable of these charities are Advancement Project, All of Us or None, America Coming Together, Black Alliance For Just Immigration, Bill of Rights Defense Committee, Brookings Institution, Ballot Initiative Strategy Center, Change America Now, Colors of Change, Common Cause, Constitution Project, and more.