George Success Story
Few men literally shine after rising from the adversities. Men like George Soros.Soros was born in Budapest just before the advent of the Second World War and was the son of Jewish parents. He was thirteen years old during the Nazi Occupation of Hungary and was banned from attending school due to his Jewish lineage. This meant that he was in great danger of losing even his life owing to the cruel regime that the Nazi Germans had instilled all over the continent, especially Eastern Europe.Braving the Odds – Young Soros
George survived during the Battle of Budapest and immigrated to England during 1947. Working as a waiter and a railway porter, before getting a job in a merchant bank, he worked hard and earned a place in the prestigious London School of Economics. There, Soros earned his B.Sc. and Ph.D. in Economics before finally moving on to New York City. These early struggles were the backbone for Soros to succeed later as a banker as he understood the value of money from an early stage.
He began work as an arbitrage trader and made enough money for five years so that he could move back to England to study Philosophy. He came up with his revolutionary theory of reflexivity during his time at New York.He began his business career during 1970 and founded the Soros Fund Management. He resigned from his job at First Eagle funds and started the Quantum Fund.Quantum Fund made over $5.5 billion, making it officially the most successful person hedge fund in the history of mankind. Since its inception, it has generated over $40 billion.
Apart from being an excellent businessman who defied the odds and even death at one point of time, George Soros has also played a huge role in philanthropy where he has donated money for the black students’ movement against Apartheid as well as non-violent democratization in Post-Soviet states. He donated nearly $100 million for the growth and development of regional Russian Universities as well as $50 million to eradicate poverty in Africa.An inspiration to businessmen all over the world, he has donated nearly $7 billion to charitable efforts all over the world and is known to be one of the most charismatic and smart businessmen to have ever graced the world.
“Well, you know, I was a human being before I became a businessman” – George Soros
He is also an outspoken political critic and has a leaning toward separatist movements, including the independence of Kosovo. Soros now travels the world and inspires people to follow in his footsteps to achieve the goals that they were born to do.Soros is a inspiration businessman who has served as an important reminder to thousands of struggling men out there that with true hard work and commitment, anything is possible.
Yale International Center for Finance
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