The Ultimate Success of George Soros
In the beautiful land of Budapest, Hungary, in 1930 the 17th most successful investor George Soros was born. When George was seventeen, he fled his hometown with the sights of starting a new life in England. When he was there, he graduated from the London school of Economics in the year 1952. He was very numerically smart, and it showed. His comprehension of such technical things bought him an entry level position at an investment bank that was located in London. By the time 1956 came around, George was ready to open his oppruntunities for success even more, by moving to the United States. When he got to the U.S, he got himself another new job. This time he was working in the position of an analyst and investment management positions at the New York Firms on Snopes. He happily worked there until 1959; then he was offered a better job at Wertheim & Co, where he worked until 1963.
In 1973 George Soros had gained enough knowledge to start his own bank, that was called the founding hedge fund Company of Soros Fund Management. Eventually, as the company grew he decided to change the name to the very well-known Quantum Fund. Soros’ company was a complete and utter success! He was very determined and dedicated to his job, it showed for almost two entire decades his company, the respectable and trusted Hedge Fund on Biography racked up an excess of 30% each year! The only way that is achievable is with hard work and dedication, two traits that George has no doubt. If the 30% of excess returns didn’t impress you, the fact that on two separate occasions his company seen an annual return of over 100%!!!
One of the things that George is most commonly known for is the huge risk he took, and came out victorious. George Soros had risked 10 billion dollars on a single British pound currency speculation. Within a single day, he had made 1 billion dollars in profit returns. He is commonly known for being the man that broke the Bank of England.
By the time that 1980 rolled around, George had worked for quite a long time; He was ready to throw in the towel on the day- to day management. He had become one of the most wealthiest men in the world. As well as George is a smart man, he is a good man. He donated huge amounts of money worldwide with his Open Society Foundation on opensocietyfoundations.org. He worked very hard throughout his life, once the company was excelling and he could finally take some time and relax he surprisingly didn’t. He picked up a passion in becoming a philanthropist.
A philanthropist is an individual who donates to needing charities and occasionally helps people in need in other ways. Soros has donated over 25 million dollars to Hillary Clinton and other Democratic candidates. Soros and Hillary had been friends for over 25 years, and he was fully behind supporting her in the Presidential election.Since 2004, he had toned down his political givings. Instead, he decided to put his attention towards his international foundations. Over the past three decades, George has donated over 13 billion dollars to nonprofit organizations whose goal is to see to it that human rights are defended. The organization also helps shape the Eastern Europe’s democratic process as well as expanding the horizon on the access that is available to healthcare and education all around the world. Another company that George has committed to donating over 5 million dollars is known as Immigrant Voters Win; that is dedicated to seeing that Hispanic voters matter.