Most people who have managed to acquire large sums of money tend to hoard it for themselves and their families. George Soros is not such a man. George wants to change the world for the better, and he knows that money is often the means to make this happen. George was born in Hungary, and as a boy of only 14 years of age he experienced the invasion of Hitler’s Nazi army. George’s surname at his birth was Schwartz, because he came from a Jewish family. His father was terrified that if the Nazis discovered their Jewish ancestor that they would be murdered, or sent to the death camps as slaves for Hitler’s army. George’s father used what money he had earned from being a hard working attorney, and purchased documents that were falsified to show that his family was Christians. To further try and protect his family, his father split them up and sent them into different locations. To finalize this level of protection, George’s father changed their surname to become Soros. Soros is a word that means “will soar,” to rise above the oppression they were facing. Soros is a word taken from the Esperanto language, which George’s father taught him to speak as a child. Learn more on snopes.com about George.
After Hitler’s army was defeated, George found peace by moving to London, to study economics and philosophy. He came into contact with the famous Karl Popper ideologies, surrounding the concepts of an open and free society, and how only a society that is free from social injustice can ever truly flourish. This eventually became George’s outlook on life. He earned a Master’s degree in philosophy and began to work for a brokerage agency. While there, George began to trade in what is known as venture securities. He would purchase a country’s securities, and then profit from the selling of the securities to another country. This eventually, within 4 years’ time, allowed for George to move to America.
George sailed to New York in the 1950’s, and in time, he became a citizen of America and set out to work for a great many Wall Street companies. In the early 1970’s, George Soros had acquired enough capital to begin his hedge fund business, which he branded the Soros Fund. Sometime later this name was changed to the Quantum Fund, and in time became known as the Quantum Fund Endowment. His company’s success permitted him to begin to use his money to help others who were impoverished. Through his charity work he has donated billions of dollars to help individuals and also companies fight for true change in the world.
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