George Soros, listed 22 on Forbes magazine’s richest billionaire list, is now an estimated net worth of $ 25.2 billion. However, even though Soros has become a paramount financial figure in the media he had a humble beginning. As an advocate for hard work George Soros financed his education at London School of Economics by working as a railway porter and a waiter after fleeing from Hungary which was under Nazi control. He later moved to New York and found his way to Wall Street where he established his own hedge in 1969 with $12 million. He continued a string of smart financial and business decisions which led to the development of Soros Fund Management LLC which has an estimated $30 million of assets.
Soros is not only an advocate for hard work but is also an advocate for philanthropy. George Soros founded the Open Society Foundation in 1979 and has spent over $12 million in the promotion of positive change through the organization. The philosophy of Open Society Foundation is the promotion of democracy and equality as well as advocacy against social and political injustice. Soros’ first project was the provision of scholarships to black South Africans under apartheid, and he has continued his pursuit to make a difference in the lives of those in need by advocating for marginalized groups such as the LGBT community in the U.S.
After a break from political financing, Soros is back and in action. George Soros has been labeled the leading funder of the Democratic Party donating over $25 million to the political campaign of Hilary Clinton.
Soros, a friend of Clinton, has influenced other wealthy liberal donors ensuring her campaign is well funded. Due to ample monetary donations, the financial state of the Clinton campaign trumps that of the other party. The beliefs of the opposing party undermine Soros’ belief of democracy; therefore, he is very involved in supporting the Clinton campaign. By supporting Clinton George Soros continues to promote his life- long goals of equality and democracy. Learn more about his profile at businessinsider.com.