After many decades of commitment to liberal ideals, George Soros has again entered the political turmoil between those who believe in an open society and those who want it closed to outsiders. In his youth, it was the Nazis who invaded his native Hungary and the Communists who came to power after the war. Now, with a lifetime of wealth at his disposal, he is funding like-minded movements to promote democracy, free speech, and education throughout the world.
According to Forbes, George Soros has a net worth of 25.2 billion dollars. He made his fortune on Wall Street and other financial markets around the world, as the manager of hedge funds that created wealth for their investors. He studied Finance at the London School of Economics after fleeing Hungary and worked his way through school. After graduating, George Soros moved to New York, where he soon made a name for himself on Wall Street. Read his profile at Forbes.
Even as his university years taught him the groundwork of what would later become financial genius, he also found a kindred mindset in the writing of Karl Popper, who described an “Open Society” where people of different backgrounds, beliefs, and ideologies could live together in harmony. For Popper, and later Soros, the book was a blueprint for the sort of world he wanted to live in.
The book gave George Soros a name for his foundation in 1984. The Open Society Foundation dedicated itself to promoting knowledge and education as a means of encouraging the liberal spirit. One of their first tasks was delivering copy machines to universities and civil society groups in his native Hungary so students and citizens could read banned books and other publications.
For a short time in American politics, between the George W. Bush and Donald Trump Presidencies, George Soros stayed on the sidelines of the most heated debates. During those years, he focused mainly on international and other issues, but when Donald Trump started campaigning on a nationalist, America-First agenda, he emerged again as a boogeyman of the right.
During the heated 2016 campaign, he donated over 25 million dollars to the Hillary Clinton presidential campaign and other Democratic Party candidates. He also donated extensively to Black Lives Matter and voter registration campaigns to ensure that their causes would not be overlooked during the larger political struggles. After Donald Trump won the election, he continued to donate and speak out against the new president’s policies. Learn more about this article at washingtontimes.com.
Also in 2017, George Soros named a new Chief Investment Officer for his family’s Soros Fund Management. Dawn Fitzpatrick is one of Wall Street’s most successful female investors and is now the seventh CIO at the Soros Fund. The portfolio holds 30 billion dollars in assets.