George Soros universally known as the man who broke the Bank of England is a Hungarian-Amercian business magnate and philanthropist. With a net worth of twenty-five billion U.S dollars, he is considered to be one of the most triumphant investors in the world. George career highlight was in the year 1992 when he risked nearly ten billion U.S dollars on a currency speculation making a profit of one billion in the same day. George is the Chief Executive Officer of Quantum Fund, the chairman of Soros Fund Management and the Open Society Foundations.
According to Forbes, George is considered to be the fourteen richest people in the world with a real-time net worth of 25.2 billion U.S dollars. In a recent article by Forbes, George Soros sounded an alarm in regards to the United Kingdom decision to leave the European Union. He warned the voters that should they vote to end ties with the union, trillions in equity market value would be shed globally. True to his word, the British pound fell leading to the plunging of Europe banking shares. Soro’s wealth can be traced to Soros Fund Management where George Soros had shares worth seven million, he also held a nineteen million stake in Barrick Gold that has a real time network of four hundred million U.s dollars. George has a one million share put option against Russel 2000 index ETF, a two million share put option against the s&p 500 index ETF and one hundred and twenty-five million U.S dollars in his one million share position at SPDR Gold Trust.
Billionaire investor Soros has been active in the political scene. According to Politico, George spends millions of dollars supporting Democratic candidates and liberal causes. He strives to boost democracy while rooting out corruption. Soro’s efforts can be seen in Macedonia, a socialist republic full of corruption cases. Soros organization have pushed reforms allowing the Prime Minister to gain complete control over judiciary power. George Soros vision of an open society has seen him support Hillary Clinton committing over twenty-five million U.S dollars in her campaign. Read this story about George at Politico.com.
Well into his eighties, George Soros can be considered as a philanthropist. He has made significant contributions worth more than eight billion to a worldwide network of foundations. He has been a key in the transformation of former Soviet bloc countries into democracies. His visionary efforts have seen him fight resistant strains of TB in Russia’s jails and Lesotho’s mountains. He has also supported democratic resistance in Burma, building of communities in Haiti’s slum and helping of Sarajevo’s people during their Bosnian War that went for three years. Through his company, new methods of fighting poverty and drug addiction in Baltimore, New Orland and other U.S states have been applied reforming dysfunctional justice systems.
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