Nearly all people who have come into hefty sums of capital are inclined to keep it for their families and themselves. Mr. George Soros isn’t this type of man. George desires to transform the country for the best, and George knows that capital is frequently the way to help this happen. George Soros was raised in Hungary, and when he was a child of barely 14 years old George witnessed the incursion of Hitler’s Nazis. George’s last name at birth was Schwartz, as he was born into a Jewish family. George’s dad was frightened that if the Nazi soldiers found their Jewish ancestry that their family would be exterminated, or sent away to the camps as slaves under Hitler’s army. His dad used what funds he had acquired from being a diligent attorney, and procured paperwork that was falsified to document that his family members were Christians. To try and protect their family further, his dad split them apart and sent them all too different areas. To conclude this extent of protection, George’s dad altered their last name to become Soros. It is a new word that translates to “will soar,” or rise above the tyranny they were up against. Soros is a term from Esperanto, which his dad instructed George how to speak when he was a boy. Read more at The New York Times about George.
When Hitler’s Nazis were defeated, George travelled to London. George was exposed to the celebrated Karl Popper’s ideologies, concerning the notion of an open & free society, and that a society free of social inequality can actually grow and flourish. This ultimately became George’s viewpoint on life. George obtained a prestigious Master’s degree in the field of philosophy and started to labor for a brokerage firm known as Singer and Friedlander. There, George started to deal in what is called venture securities. George would buy one country’s securities, only to profit from the sale of those securities to a different country. This behavior, within 4 years, permitted George to acquire enough capital to relocate to America.
Mr. Soros traveled to New York, and in time, George earned to be a citizen of America and began to work for numerous Wall Street enterprises. In the 1970’s, Mr. Soros had gained enough wealth to start his hedge fund enterprise, which he named the Soros Fund. A little bit later this was updated to become known as the Quantum Fund Endowment. George’s achievements allowed him to start to use his wealth to help out people who were poor and up against social oppression. From his charity endeavors George Soros has contributed billions to support people and also businesses fight for justice. Read this story about George at Politico.com.