George Soros, Hon FBA is a Hungarian-born American billionaire investor and philanthropist. As of May 2020, he had a net worth of USD 8. 3 billion, having donated more than USD 32 billion to the Open Society Foundations. Soros is known as \”The Man Who Broke the Bank of England\” because of his short sale of US$10 billion worth of pounds sterling, which made him a profit of USD 1 billion during the 1992 Black Wednesday UK currency crisis.
About George Soros in brief
George Soros, Hon FBA is a Hungarian-born American billionaire investor and philanthropist. As of May 2020, he had a net worth of USD 8. 3 billion, having donated more than USD 32 billion to the Open Society Foundations. Soros is known as \”The Man Who Broke the Bank of England\” because of his short sale of US$10 billion worth of pounds sterling, which made him a profit of USD 1 billion during the 1992 Black Wednesday UK currency crisis. Soros was born in Budapest in the Kingdom of Hungary to a prosperous non-observant Jewish family, who, like many upper-middle class Hungarian Jews at the time, were uncomfortable with their roots. His father Tivadar was a lawyer and Esperanto-speaker who edited the Esperanto literary magazine Literatura Mondo and raised his son to speak the language. Soros’s family changed their name from the German-Jewish Schwartz to Soros, as protective camouflage in increasingly antisemitic Hungary. He influenced the collapse of communism in Eastern Europe in the late 1980s and early 1990s, and provided one of Europe’s largest higher education endowments to the Central European University in his Hungarian hometown. Soros has wryly described his home as a Jewish antisemites home. His extensive funding of political causes has made him a \”bugaboo of European nationalists\”. The New York Times reported in October 2018 that Conspiracy theories about him have gone mainstream, to nearly every corner of the Republican Party.
Numerous American conservatives have promoted false claims that characterize Soros as a singularly dangerous \”puppet master\” behind many alleged global plots. He is a supporter of progressive and liberal political causes, to which he dispenses donations through his foundation,. Between 1979 and 2011, he donated more. than USD 11 billion to various philanthropic causes; by 2017, his donations totaled USD 12 billion. In Hungarian, soros means ‘next in line’ or ‘designated successor’; in Esperanto it means ‘will soar’. He was 13 years old in March 1944 when Nazi Germany occupied Hungary. The Nazis barred Jewish children from attending school, and Soros and the other schoolchildren were made to report to the Judenrat, which had been established during the occupation. On one occasion, rather than leave the official inventory of the Hungarian government’s Ministry of Agriculture, he took an inventory of his family’s belongings and returned them to the official. At the age of 14, Soros posed as the godson of an official. He said, ‘You deliver the slips of paper to the Hungarian Jewish lawyers and tell the people that they will be deported if they will report that they are Jewish’ He said this because he was a 14-year-old rather than a Jewish-old Christian. In 1936, Soros’s mother Erzsébet came from a family that owned a thriving silk shop. The two married in 1924.
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This page is based on the article George Soros published in Wikipedia (as of Dec. 10, 2020) and was automatically summarized using artificial intelligence.
