George Soros: A success in so many ways

*A Closer Look at George Soros:

George Soros is a well known Investor, Businessman as well as accomplished author. George Soros is of Hungarian ancestry. Soros left Hungary and emigrated to England in the late 1940’s. Mr. Soros is considered by many to be one of the most successful Investors in the entire world. At present, it is estimated that George Soros is worth $20 Billion dollars. Read his profile at Forbes.

George Soros graduated from the London School of Economics with a Bachelor degree. In addition, Soros also received a Masters Degree in Philosophy from London School of Economics. Mr. Soros has always been a strong advocate of higher education.

After graduation Soros began his business career by accepted various jobs at different banks. However, Soros made the decision to start first Hedge Fund in 1969. George Soros started his first hedge fund in 1969 which was named “Double Eagle”.

Double Eagle was quite successful. Soros decided to start a second Hedge Fund one later. Therefore, in late 1970 George Soros began Soros Fund Management. It seemed everything George Soros set out to do turned out to be successful. A few years after the creation of Soros Fund Management the original “Double Eagle” was renamed “Quantum Fund”.

George Soros ran “Quantum Fund. By the mid 1970’s Quantum Fund had assets which exceeded $10 million dollars. It was quite evident that George Soros was a successful businessman who was not afraid of taking risks.

The Quantum Fund was a huge success and by early 2012 the company had reported assets in excess of $21 billion dollars. Soros was commonly referred to as the “Man that Broke the Bank of England”.

George Soros has stated publically that he attributes his business success by applying “Karl Poppers Theory of Relativity”. Soros claims by applying simple theories set forth by Karl Popper it enabled him to establish a firm understanding of how the market works. In addition, George Soros also stated Poppers Theory of Relativity helped him to understand fundamental market values as well as the value of securities.

George Soros is a strong supporter of liberal political causes. In addition, he established the “Open Society Foundation”. Soros contributed over 8 billion dollars to the “Open Society Foundation” over a period of twenty years.

George Soros contributed huge sums of money to colleges and Universities around the world. Soros made additional sizable contributions to Central European University which is located in his hometown. No one is completely certain however, it is estimated that Soros contributed close to 1 billion dollars to the Central European University. Read more on NYTimes.com.

George Soros has published several books related to economics and successful business trading. There seems to be no limit to what George Soros can accomplish. Mr. Soros shows no signs of slowing down any time soon. More than likely he will continue managing his company and he will continue to reach out to others in need. His educational contributions have helped countless individuals receive the education that they probably would not have had.

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