George Soros is renowned across the globe for being a philanthropic billionaire. He was born in the country of Hungary in 1930. His legal last name when he was born was originally Schwartz. However, his parents changed their last names to avoid the anti-Semitic hatred of the Nazis. At one point, George’s father purchased false identification papers so they would be identified as Christians to protect them from the Nazis. The name Soros is actually an Esperanto word which means “will soar.” (Esperanto is a language designed to cross all borders and was invented in the late 1800’s.) George managed to escape the Nazi occupation when he was still a teenager and fled to London in the 1940s to acquire a better life. Read more about George’s life story at biography.com.
While in London, George undertook course in economics, studying at the London School of Economics. While in college, George was exposed to the ideology that society can only grow if it is free and respects all citizens’ rights. This ideology profoundly impacted George’s outlook on life, and he earned his degree in 1952. He soon placed his educational knowledge to work at Singer and Friedlander, a brokerage firm in London. There, George learned the practice of buying one country’s securities and selling them to a different country, for profit gain. Within only four years, George decided to board a ship and sail to America, specifically to New York, and begin a vocation of financial interests in 1956. In 1961 George Soros became a citizen of the United States. He began working for several Wall Street firms, and by 1973 George initiated his own business for hedge funds, called the Soros Fund. He later changed the name to the Quantum Fund, and later still, the Quantum Fund Endowment. By the late 1970’s, he had begun to leverage his wealth to help others, through a variety of humanitarian work. As of 2012, Mr. Soros has contributed more than seven billion dollars through his charity work at Open Society Foundation, which he founded in 1984. George Soros is now respected for being one of the richest people on the planet. Visit Project Syndicate to learn more about George.
The Open Society Foundation’s goal is to increase public health initiatives, fund educational endeavors, and prevent social injustices, to name only a few. George Soros is an advocate for fighting the Unites States propaganda program called the “war on drugs.” Mr. Soros believes that this so-called war is only an attempt to extort money from the poor by imprisoning them for marijuana, a plant that is used by more people than not. George has seen the positive effects that marijuana has on those who suffer from seizures and a variety of other health problems.