George Soros rises from poverty to one of the world’s richest

George Soros was born in Hungary in the year 1930. He grew up amid the rise of Nazism in neighboring Germany. This would ultimately prove to be a highly tumultuous time, not just in the life of Europe as a whole but for Soros personally. Throughout the 1930s and 1940s, many of Soros’ relatives were ultimately killed by the Nazi war machine. This left an indelible imprint on the young Soros, prompting him to pursue a lifetime of knowledge seeking and developing an intense interest and how certain philosophies can lead entire nations to run amok.

Soros did well in high school and by the time he was ready to graduate, he knew that he wanted to study philosophy in college. He was eventually accepted to the London School of Economics, one of the most prestigious schools in Europe. There, he studied under famed philosophy professor Karl Popper, whose famous work ‘The Open Society and Its Enemies’ would eventually serve as the namesake for Soros’ chief philanthropic organization, The Open Society Foundations.

Soros eventually graduated in the early 1950s, gaining a Master of Science in Philosophy degree. Throughout the 50s, Soros sought work as a philosophy professor or any other serious role in the academy. However, it turned out that getting those jobs was very difficult, as they were sparse at that time. But Soros kept trying. By the late 1950s, however, it became apparent that Soros may have had to wait his entire life in order to find appropriate work for someone of his intellectual pedigree and learn more about George.

After having working throughout the English countryside and a number of menial jobs, Soros finally gave up, finally applying to a number of Wall Street trading firms at the behest of a college friend. One of the first firms that Soros applied to was one by the name of Singer and Friedlander, a small boutique trading firm that specialized in securities. Soros was amazed that he was quickly hired, becoming a trader and marking the first time that Soros ever gave a second thought about pursuing a life in the capital markets and more information click here.

Interestingly, everyone who knew Soros as a young man said that he had never expressed any interest whatsoever in the accumulation of great wealth. In fact, many say that Soros’ only goal was to save a modest amount of money, enough so that he could live independently and dedicate his life to studying philosophy and developing his own ideas and

However, Soros saw that the capital of markets provided a means to potentially effect great social change. Soros slowly came to the realization that people who possess great wealth could do far more than those who had no wealth at all. This was part of the impetus that led him on to become a manager of his own fund. The rest is history and George’s lacrosse camp.

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