The name George Soros is synonymous with great wealth. But the Soros name is also synonymous with great giving. George has given more than $12 billion to organizations around the world that promote the open society concept. The open society concept is the concept Karl Popper, the Austrian-British professor, and philosopher wrote about in 1937. Soros studied Popper’s work while he attended the London School of Economics in the 1940s. Soros realized that every person on the planet is entitled to live freely and be part of a Democratic government. George founded his Open Society Foundation in 1979, and the foundation has made an enormous impact around the world. Today, the Open Society Foundation under the guidance of the president of the organization, Christopher Stone, and founder, George Soros are making progress in the battle to bring freedom to countries that have no freedom. Know more on Investopedia about George Soros.
But George Soros is not in the news for his philanthropic work. He is under attack by conservative groups because he is a major Democratic donor. George Soros donated more than $12 million to Democratic candidates during the 2016 election. Soros and Hillary Clinton are close friends, and George supported her during her campaign. Even though he donated more than $4 million to the PACs that supported Clinton, it wasn’t enough to send her to Washington. But Soros hasn’t given up the fight. He is supporting several organizations that keep Trump under a political microscope. George invested money in one of Trump’s hotels a few years ago, but he doesn’t agree with Trump’s political agenda or the way Trump handles social issues.
Soros is one of the most successful investors in the financial industry, but he is also an economic advisor. George attends the Davos Economic Summit every year, and his opinion is highly regarded by the economic experts at that meeting. Soros thinks the global economy is in trouble, and he also thinks China will be the catalyst for the next global recession. There are signs China will use capital reserves to bail out Chinese banks, and Soros is betting that will happen. If the Chinese use capital reserves, Soros will make another fortune similar to the fortune he made when England devalue the pound sterling in the 1990s. Visit projectsyndicate.com to know more about George.
But George Soros does not fret over his next million or billion. The Soros focus is on making the world a better place. He wants to spread Democracy and freedom to countries that live under ruthless government control. He is not afraid to stand up for the poor. He wants to help them live the way all people in a free world should live. The Soros epitaph is still being written, and it is an inspiring story.
Read more: http://www.cnbc.com/george-soros/