George Soros, with a personal net worth of $13 billion, has become a benevolent figure in the world scene. Currently a New York hedge fund manager at Soros Fund Management, worth another $25 billion, Soros has used his immense influence to improve the political landscape of countries across the globe, and in some cases, assisting in dismantling oppressive regimes. On several previous occasions, he had used his extraordinary wealth to bankroll popular movements seeking to undermine communist and authoritarian regimes in Eastern Europe and Central Asia. At home, his impact on American politics and culture cannot be understated.
George Soros was born in Budapest, Hungary on August 12, 1930. His father was an attorney, but his passion was the promotion of Esperanto—an artificial, “universal” language developed in the late 19th century in hopes that people around the globe might be persuaded to supplement or renounce their native tongues and speak Esperanto instead—thereby, in theory at least, minimizing the chance of violence and war while advancing intercultural harmony. Soros’s father was so moved by this opportunity that he changed his family surname to Soros—a future-tense Esperanto verb meaning “will soar.” Read more about George’s life story at biography.com.
And soar he has. George Soros is a prolific writer, and his quest for good is evident in his texts: The Alchemy of Finance, Underwriting Democracy, The Independent, and Open Society: Reforming Global Capitalism. With its roots in Eastern Europe and Central Asia, today Soros’s Open Society Foundations are active in more than 70 countries around the world. Today the assets exceed $1.9 billion. In 1993 Soros established the flagship of the Soros foundation network—the New York City-based Open Society Foundations (OSF), which went by the name of the Open Society Institute until 2010. Soros has used his resources and his passion to enhance campaign finance reform, support democracy in the Middle East, strong, supportive candidates, and other worthy causes.
Learn more on Discover the Networks about George Soros.