Few individuals on earth have the political power that George Soros wields. The New York-based investor has over the years donated millions of dollars to support different political causes around the world. In 2004, for instance, Soros donated $27 million to help defeat President George W. Bush. Since then, the successful entrepreneur has emerged as the leading funder of the Democratic Party. Recently, Soros gave more than $25 million to back Hillary Clinton in the race to the white house. Soros is an active supporter of immigration reform, religious tolerance, and criminal justice reform. Some of the Democrat causes that have directly benefitted from Soros’ funding include Priorities USA Action, America Bridge 21st Century and Immigrant Voters Win.
George Soros’ impact in the political world has been felt since the mid-1980s. His substantial financial backing to various political causes has led to the reconfiguration of different political landscapes around the world. Currently, Soros affects American culture and politics more than any other person alive. Read this story at Politico.com about George Soros.
Soros was born on August 12, 1930, in Budapest, Hungary. His father Tivadar Schwartz was a passionate supporter of Esperanto, an artificial language aimed at minimizing nationalistic impulses and advancing harmony among different cultures. In 1936, Tivadar adopted the surname Soros, an Esperanto word meaning “will soar.” Soros family relocated from Hungary to England in 1947. George would enroll at the London School of Economics later, where he had the opportunity to read Karl Poppers works. Popper was a lecturer at LSE, but he never directly taught Soros. His book The Open Society, in particular, had a profound effect on the young Soros. The book promoted moral codes that were founded upon universal principles aimed at promoting welfare for all mankind. It was a theme that would influence Soros’ outlook for the rest of his life.
Soros graduated from LSE in 1952 and started working in a London brokerage firm Singer and Friedlander. Later, in 1956, Soros family relocated to New York. In 1960, Soros married Annalise Witschak. He became a US citizen the following year. In America, George Soros would go on to experience unprecedented financial success, with his company Double Eagle growing in value from $4million in 1969 to more than $1 billion by 1985. Today, Soros has amassed a fortune of over $24.9 billion through risky currency trades.
Since 1979, Soros has been active in philanthropic activities. He has over the years established many Open Society foundations to help create vibrant and tolerant democracies around the world. In 1987, Soros donated $3million a year to charitable causes. By 1992, his spending had grown to over $300 million per year. Read more about George at The New York Times.