George Soros – A Smart Businessman With Great Concern For The Society He Lives In

George Soros is one of the most noted philanthropists, opinion leaders and political contributors in the United States today. He has been an active supporter of Democratic Party for years and in the recent elections, did everything he could in his power, including raising funds for Hillary Clinton and directly and indirectly supported Clinton’s Campaign more than $24 million personally. George Soros is of the opinion that Trump’s policies would ruin the growth momentum that the United States is witnessing today, and in fact, would paddle the country’s growth backward. Read his profile at Forbes.

Moreover, he feels that the policies and attitude of Donald Trump would make America insecure and unsafe, especially when talking about the social fabric of the country. George Soros completely disagrees with the Trump’s take on immigrants and refugees, because he started in the United States as an immigrant decades ago and feels actually for the refugees and immigrants.

In a recent announcement, George Soros committed to provide $500 million to support the business ventures started by the members of refugees and immigrants’ society. He believes it would help them take their business to another level and give many of the entrepreneurs with the funds they need to start their business. George Soros has been influencing the political sphere of the country for long, especially through his donations and views. Visit projectsyndicate.com to know more about George.

He has contributed generously towards many of the Democrat Super PACs for many years, including during the recent U.S. Presidential Election Campaign. He feels that Trump’s victory would put many of the Democratic causes in the backburner. However, to ensure that it doesn’t happen, he and other Democrats met as soon as the election got over to decide what to do with the remaining funds in the Super PACs and how to take ahead the causes they feel for under Trumps’ Presidency.

George Soros is the 19th richest person on the planet today with the wealth of over $25.2 Billion. His company, Soros Fund Management, is one of the most profitable hedge funding companies on the globe and has been consistently delivering returns over thirty to forty percent annually, which is huge. He fled his home country Hungary when he was small to avoid Nazi’s Holocaust and went to London, where he studied business at London School of Economics. After completing his studies in London, he eyed his growth in the United States and thus, went to New York and started working at one of the many financial and investment companies on Wall Street. It is what marked the beginning of his career.

Today, he is the tenth highest earning hedge fund managers. As an active philanthropist as well, he is known to have given over a billion dollars in aid towards charity and social causes through his foundation named “Open Society Foundation.”

April 7, 2017

Posted In: Business Expert, Financial Advisers, Political Science