George Soros: Difference between revisions
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[[File:George Soros 1. | [[File:George Soros 1.png|thumb|300px|George Soros]] | ||
'''George Soros''' (b. 12 August 1930 in [[Budapest]], [[Kingdom of Hungary]]), born '''Gyรถrgy Schwartz''', is a | '''George Soros''' (b. 12 August 1930 in [[Budapest]], [[Kingdom of Hungary]]), born '''Gyรถrgy Schwartz''', is a [[jew]]ish billionaire born in [[Hungary]], later becoming a citizen of the [[United States]]. ย | ||
Various forms of criticisms have been directed at the sources of his wealth such as financial speculation. He has been | Various forms of criticisms have been directed at the sources of his wealth such as financial speculation. He has been known to have financed various subversive [[political]] activists in various countries such as [[color revolutions]], [[gun control]], [[Communist]] protest groups, and [[leftist]] political parties and candidates. | ||
A 2016 hack of George Sorosโs Open Society Foundations have revealed extensive lobbying and funding of [[politically correct]] organizations and issues such as [[Black Lives Matter]] and [[mass immigration]]. See the "External links" section. | A 2016 hack of George Sorosโs Open [[Society]] Foundations have revealed extensive lobbying and funding of [[politically correct]] organizations and issues such as [[Black Lives Matter]] and [[mass immigration]]. See the "External links" section. | ||
The Open Society Foundations has also been active in transporting [[African]]s to [[Europe]]. See [[White demographics]]. | The Open Society Foundations has also been active in transporting [[African]]s to [[Europe]]. See [[White demographics]]. | ||
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==Life== | ==Life== | ||
===Family=== | ===Family=== | ||
George Soros is the son of the writer Teodoro Schwartz. Teodoro (also known as Tivadar) was a [[Hungarian]] [[ | George Soros is the son of the writer Teodoro Schwartz. Teodoro (also known as Tivadar) was a [[Hungarian]] [[jew]] who was a [[prisoner of war]] during and after [[World War I]] and eventually escaped from Russia to rejoin his family in [[Budapest]].<ref> Kaufman, Michael T., Soros: The Life and Times of a Messianic Billionaire, Alfred A. Knopf: 2002</ref> | ||
The family changed its name in 1936 from ''Schwartz'' to ''Soros''. Tivadar wrote of his ordeal to survive in [[Fascist]] [[Hungary]], and help people escape it, in his book ''Maskerado''. | The family changed its [[name]] in 1936 from ''Schwartz'' to ''Soros''. Tivadar wrote of his ordeal to survive in [[Fascist]] [[Hungary]], and help [[people]] escape it, in his book ''Maskerado''. | ||
George Soros has been married and divorced twice, to Annaliese Witschak and to Susan Weber Soros. He has five children: Robert, Andrea, Jonathan (with his first wife, Annaliese), Alexander and Gregoryย (with his second wife, Susan). His older brother is Paul Soros. | George Soros has been married and divorced twice, to Annaliese Witschak and to Susan Weber Soros. He has five children: Robert, Andrea, Jonathan (with his first wife, Annaliese), Alexander and Gregoryย (with his second wife, Susan). His older brother is Paul Soros. | ||
===Hungary during the War=== | ===Hungary during the War=== | ||
Soros was thirteen years old when Germany took military control over its wavering ally [[Hungary]]ย (21 March [[1944]]), and began thorough [[anti-communist]] initiatves. Soros worked briefly for the | Soros was thirteen years old when [[Germany]] took military control over its wavering ally [[Hungary]]ย (21 March [[1944]]), and began thorough [[anti-communist]] initiatves. Soros worked briefly for the [[jewish]] Council, which had been established by the [[National Socialist Germany|Germans]], to deliver messages to jewish lawyers being called for deportation. Soros was not aware of the consequence of the messages.<ref> Kaufman, Michael T., Soros: The Life and Times of a Messianic Billionaire, Alfred A. Knopf: 2002, p. 32-33</ref> His communist father had Soros spend the summer of 1944 living with a non-jewish Ministry of Agriculture employee, posing as his godson. | ||
In the following year, Soros survived the [[battle of Budapest]], as [[Soviet Union|Soviet]] and German forces fought house-to-house through the city. Soros first traded currencies during the Hungarian hyperinflation of 1945-1946. | In the following year, Soros survived the [[battle of Budapest]], as [[Soviet Union|Soviet]] and [[German]] forces fought house-to-house through the city. Soros first traded currencies during the Hungarian hyperinflation of 1945-1946. | ||
In [[1946]], Soros escaped the Soviet occupation by participating in an Esperanto youth congress in the West. Soros was taught to speak the language from birth and thus is one of the rare native [[Esperanto]] speakers. | In [[1946]], Soros escaped the Soviet occupation by participating in an Esperanto youth congress in the West. Soros was taught to speak the language from birth and thus is one of the rare native [[Esperanto]] speakers. | ||
Soros emigrated to the [[United Kingdom]] in 1947 and graduated from the London School of Economics in 1952. While a student of the philosopher [[Karl Popper]], Soros funded himself by taking jobs as a railway porter and a waiter at Quaglino's restaurant. He eventually secured an entry-level position with London merchant bank Singer & Friedlander. | Soros emigrated to the [[United Kingdom]] in 1947 and graduated from the [[London]] School of Economics in 1952. While a student of the [[philosopher]] [[Karl Popper]], Soros funded himself by taking jobs as a railway porter and a waiter at Quaglino's restaurant. He eventually secured an entry-level position with London merchant bank Singer & Friedlander. | ||
===Move to the United States=== | ===Move to the United States=== | ||
In 1956 he moved to the [[United States]], where he worked as an arbitrage trader with F. M. Mayer from 1956 to 1959 and as an analyst with Wertheim and Company from 1959 to 1963. Throughout this time, but mostly in the [[1950s]], Soros developed a philosophy of "reflexivity" based on the ideas of Popper. | In 1956 he moved to the [[United States]], where he worked as an arbitrage trader with F. M. Mayer from 1956 to 1959 and as an analyst with Wertheim and Company from 1959 to 1963. Throughout this [[time]], but mostly in the [[1950s]], Soros developed a [[philosophy]] of "reflexivity" based on the ideas of Popper. | ||
Soros realized, however, that he would not make any money from the concept of reflexivity until he went into investing on his own. He began to investigate how to deal in investments. From 1963 to 1973 he worked at Arnhold and S. Bleichroeder, where he attained the position of vice-president. Soros finally concluded that he was a better investor than he was a philosopher or an executive. In 1967 he persuaded the company to set up an offshore investment fund, First Eagle, for him to run; in 1969 the company founded a second fund for Soros, the Double Eagle hedge fund. | Soros realized, however, that he would not make any money from the concept of reflexivity until he went into investing on his own. He began to investigate how to deal in investments. From 1963 to 1973 he worked at Arnhold and S. Bleichroeder, where he attained the position of vice-president. Soros finally concluded that he was a better investor than he was a philosopher or an executive. In 1967 he persuaded the company to set up an offshore investment fund, First Eagle, for him to run; in 1969 the company founded a second fund for Soros, the Double Eagle hedge fund. | ||
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===Collapsing national currencies=== | ===Collapsing national currencies=== | ||
On Black Wednesday (16 September 1992), Soros became immediately famous when he sold short more than $10 billion worth of pounds, profiting from the Bank of England's reluctance to either raise its interest rates to levels comparable to those of other European Exchange Rate Mechanism countries or to float its currency. | On Black Wednesday (16 September 1992), Soros became immediately famous when he sold short more than $10 billion worth of pounds, profiting from the Bank of England's reluctance to either raise its interest rates to levels comparable to those of other [[European]] Exchange Rate Mechanism countries or to float its currency. | ||
Finally, the Bank of England was forced to withdraw the currency out of the European Exchange Rate Mechanism and to devalue the pound sterling, and Soros earned an estimated US$ 1.1 billion in the process. He was dubbed "the man who broke the Bank of England." | Finally, the Bank of England was forced to withdraw the currency out of [[the European]] Exchange Rate Mechanism and to devalue the pound sterling, and Soros earned an estimated US$ 1.1 billion in the process. He was dubbed "the man who broke the Bank of England." | ||
''The Times'' 26 October 1992, Monday quoted Soros as saying: "Our total position by Black Wednesday had to be worth almost $10 billion. We planned to sell more than that. In fact, when Norman Lamont said just before the devaluation that he would borrow nearly $15 billion to defend sterling, we were amused because that was about how much we wanted to sell." | ''The Times'' 26 October 1992, Monday quoted Soros as saying: "Our total position by Black Wednesday had to be worth almost $10 billion. We planned to sell more than that. In [[fact]], when Norman Lamont said just before the devaluation that he would borrow nearly $15 billion to defend sterling, we were amused because that was about how much we wanted to sell." | ||
===Open Society Foundations=== | ===Open Society Foundations=== | ||
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==References== | ==References== | ||
{{reflist}} | {{reflist|2}} | ||
[[Category: | [[Category:Activists]] | ||
[[Category: | [[Category:Communist jews]] | ||
[[Category: | [[Category:Communists]] | ||
[[Category:Globalists]] | [[Category:Globalists]] | ||
[[Category: | [[Category:jews]] | ||
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[[Category:People]] | |||
[[ | [[Category:Philanthropists]] | ||
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Latest revision as of 11:40, 25 April 2024
George Soros (b. 12 August 1930 in Budapest, Kingdom of Hungary), born Gyรถrgy Schwartz, is a jewish billionaire born in Hungary, later becoming a citizen of the United States.
Various forms of criticisms have been directed at the sources of his wealth such as financial speculation. He has been known to have financed various subversive political activists in various countries such as color revolutions, gun control, Communist protest groups, and leftist political parties and candidates.
A 2016 hack of George Sorosโs Open Society Foundations have revealed extensive lobbying and funding of politically correct organizations and issues such as Black Lives Matter and mass immigration. See the "External links" section.
The Open Society Foundations has also been active in transporting Africans to Europe. See White demographics.
Life
Family
George Soros is the son of the writer Teodoro Schwartz. Teodoro (also known as Tivadar) was a Hungarian jew who was a prisoner of war during and after World War I and eventually escaped from Russia to rejoin his family in Budapest.[1]
The family changed its name in 1936 from Schwartz to Soros. Tivadar wrote of his ordeal to survive in Fascist Hungary, and help people escape it, in his book Maskerado.
George Soros has been married and divorced twice, to Annaliese Witschak and to Susan Weber Soros. He has five children: Robert, Andrea, Jonathan (with his first wife, Annaliese), Alexander and Gregory (with his second wife, Susan). His older brother is Paul Soros.
Hungary during the War
Soros was thirteen years old when Germany took military control over its wavering ally Hungary (21 March 1944), and began thorough anti-communist initiatves. Soros worked briefly for the jewish Council, which had been established by the Germans, to deliver messages to jewish lawyers being called for deportation. Soros was not aware of the consequence of the messages.[2] His communist father had Soros spend the summer of 1944 living with a non-jewish Ministry of Agriculture employee, posing as his godson.
In the following year, Soros survived the battle of Budapest, as Soviet and German forces fought house-to-house through the city. Soros first traded currencies during the Hungarian hyperinflation of 1945-1946.
In 1946, Soros escaped the Soviet occupation by participating in an Esperanto youth congress in the West. Soros was taught to speak the language from birth and thus is one of the rare native Esperanto speakers.
Soros emigrated to the United Kingdom in 1947 and graduated from the London School of Economics in 1952. While a student of the philosopher Karl Popper, Soros funded himself by taking jobs as a railway porter and a waiter at Quaglino's restaurant. He eventually secured an entry-level position with London merchant bank Singer & Friedlander.
Move to the United States
In 1956 he moved to the United States, where he worked as an arbitrage trader with F. M. Mayer from 1956 to 1959 and as an analyst with Wertheim and Company from 1959 to 1963. Throughout this time, but mostly in the 1950s, Soros developed a philosophy of "reflexivity" based on the ideas of Popper.
Soros realized, however, that he would not make any money from the concept of reflexivity until he went into investing on his own. He began to investigate how to deal in investments. From 1963 to 1973 he worked at Arnhold and S. Bleichroeder, where he attained the position of vice-president. Soros finally concluded that he was a better investor than he was a philosopher or an executive. In 1967 he persuaded the company to set up an offshore investment fund, First Eagle, for him to run; in 1969 the company founded a second fund for Soros, the Double Eagle hedge fund.
When investment regulations restricted his ability to run the funds as he wished, he quit his position in 1973 and established a private investment company that eventually evolved into the Quantum Fund. He has stated that his intent was to earn enough money on Wall Street to support himself as an author and philosopher - he calculated that $500,000 after five years would be possible and adequate. After all those years, his net worth reached an estimated $11 billion. He is also a former member of the Carlyle investment group.
Collapsing national currencies
On Black Wednesday (16 September 1992), Soros became immediately famous when he sold short more than $10 billion worth of pounds, profiting from the Bank of England's reluctance to either raise its interest rates to levels comparable to those of other European Exchange Rate Mechanism countries or to float its currency.
Finally, the Bank of England was forced to withdraw the currency out of the European Exchange Rate Mechanism and to devalue the pound sterling, and Soros earned an estimated US$ 1.1 billion in the process. He was dubbed "the man who broke the Bank of England."
The Times 26 October 1992, Monday quoted Soros as saying: "Our total position by Black Wednesday had to be worth almost $10 billion. We planned to sell more than that. In fact, when Norman Lamont said just before the devaluation that he would borrow nearly $15 billion to defend sterling, we were amused because that was about how much we wanted to sell."
Open Society Foundations
Soros supports progressive and liberal political causes, to which he dispenses donations through the Open Society Foundations (OSF). OSF was founded by Soros in 1993 as the Open Society Institute (OSI). According to the organization OpenSecrets, the OSF spends much of its resources on democratic causes around the world, and has also contributed to groups such as the Tides Foundation.[3] The OSF has been a major financial supporter of U.S. immigration reform, including establishing a pathway to citizenship for undocumented immigrants.[4]
In 2023, George Soros handed over the leadership of the Foundation to his son Alexander Soros.
External links
- Executive Summary: George Soros: Godfather of the Left
- Special Report โ George Soros: Godfather of the Left
- George Soros Pouring $220 Million into โRacial Justiceโ Movement
- Soros Admits Involvement in Migrant Crisis: โNational Borders Are the Obstacleโ
- George Soros Funds Ferguson Protests, Hopes to Spur Civil Action
- George Soros - Discover the Networks
- Buying a Better World questions the legacy of financier George Soros, but doesnโt give us a full answer
- George Soros funds Ferguson protests, hopes to spur civil action
- Clinton E-mails Show George Soros Gave Sec of State Foreign Policy Marching Orders
2016 hack
- DC Leaks
- Hacked Soros Memo: $650,000 to Black Lives Matter
- Hacked Memo: George Soros Lobbied Obama To Accept 100,000 Refugees Per Year โ and Succeeded
- Soros Foundation Spends Millions Promoting Somalian Migrants
- Hacked Emails Show Soros Plot to Undermine Israel
- Soros Group โTrainedโ Socialists To Combat Will Of The People
- EU Elections: Soros Foundation Spent $6 Million to Destroy Populism
- Hacked Soros Memo: Open Society โChanneling Money into Other Countries for Political Purposes
- Soros Group Attempted To Buy Dutch EU Referendum
- Soros Leaks: IRA Bomber on โReliable MEPSโ Ally List
- Regnery: Conservative Republicans Fulfilling George Sorosโ Agenda by Pushing โPrison Breakโ Bill