Category Archives: Political Activist

American Billionaire George Soros Wants an Open Society Not a Trump Society

When Hillary Clinton was campaigning last year, she talked about an “open society.” An open society promotes human rights, open borders, and democracy. The concept of an open society is not new. Hedge fund billionaire George Soros is the person who put the open society bug in his friend’s ear 25 years ago. Clinton and Soros are old friends. Soros donated a bundle of money to the Democratic Party to help make the open society concept a reality in the United States. George donated $25 million to various Democratic candidates in 2016.

Soros started a foundation called, The Open Society Foundation. His foundation has donated billions of dollars over the last twenty years to organizations in countries around the world that are experiencing some sort of government oppression. Some people say Soros is trying to manipulate the outcome of elections in communist countries, but that’s not true. Soros is a freedom fighter who uses his wealth to help people.

Read more: http://www.investopedia.com/university/greatest/georgesoros.asp

George Soros is 86-years-old. He doesn’t invest the same way he did when he was younger, but he is still an accomplished hedge fund manager. The Soros Family Fund has more than $32 billion in assets under management, and all of that money is family money. Recently, Soros decided to become active in investing again. He sold a fortune worth of stocks and added gold to his extensive portfolio. He also placed a short against the Chinese yuan. George expects the yuan to depreciate like the pound sterling did in 1993. Soros made $1 billion when the British government devalued the pound, and his hedge fund made $7 billion. If the Chinese are forced to devalue the yuan because of their banking issues, Soros could make a lot more than he did in 1993. Learn more about his profile at Forbes.com.

But the Hungarian-born, London School of Economics graduate does not spend an extraordinary amount of time investing these days. He is more concerned with keeping Donald Trump in check. He is also involved in rebuilding the Democratic Party. The 2016 election showed serious flaws in the Democratic philosophy. Soros has a degree in philosophy, so he knows how to deal with the issues facing the Democrats in 2018 and in 2020.

George Soros is always newsworthy. Some news articles try to paint Soros with an unflattering brush, but the truth is Soros spends his life promoting the principles of a Democratic way of life. He is a dedicated American and an outstanding philanthropist who helps millions of people live with dignity and human rights.

Read more at The New York Times about George.