George Soros was born in Budapest, Hungary in 1930 and later founded his family company known as Soros Fund Management. Since his move to Wall Street to establish his own hedge fund in 1969, he has become one of the most politically powerful individuals. Soros may have a huge influence with his $13 billion personal fortune but there were many challenges he faced before reaching success, like escaping the Nazis in 1944 before moving to England three years later. There Soros decided to attend the London School of Economics, known as LSE. There he met a Vinnese-born philosphoer known as Karl Popper who later becomes known as his spiritual mentor.
Reading Popper’s 1945 book The Open Society and Its Enemies introduced Soros to the idea of an open society, playing a part in his thoughts and activities as he grew to maturity and started to reject modern-day political figures. This caused Soros to become an advocator for liberal causes.
The year of 1979 led to the first of his many Open Society Foundations. The objective was to help “build vibrant and tolerant democracies whose governments are accountable for their citizens.” There are Open Society Foundations in more than 70 countires around the wrold today. In one of his many books, Open Society: Roforming Global Capitalism, Soros explains that the society he searches for is one that includes “freedom, democracy, and rule of law, human rights, social justice, and social responsibility as a universal idea.” Know more on CNBC about George Soros.
Today, Open Society Foundation has a total asset of more than $1.9 billion. The foundation awards millions of dollars in grants to organizations like the ACLU and HRW that promote the same views and objectives as George Soros’. This list includes organizations that: accuse America of violating certain civil rights and liberties, organizations that try to counterbalance America’s endured racism, organizations that portray America’s criminal-justice system as racist, organizations that disparage capitalism while promoting dramatic expansion of social-welfare, organizations that support socialized medicine, and any other organization or foundation that promotes a left progressive political agenda. Read more on NYTimes.com.