George Soros is best known for being “the political billionaire”. While it is true that his political activities and social activism have taken the majority of the media coverage concerning him in recent years, what many do not know is that he is a man who has been the driving force behind the financial success of thousands for decades. He is one of the richest men in the world, he is also the kind of man who, when he speaks on matters of business and finance, is listened to.
George Soros started out in humble beginning. He was born in 1930 in Budapest, Hungary. As a young person, he was thrust into a world of darkness and despair as he struggled along with his family and countless others to survive the Nazi occupation of his home, a task made even more difficult by hi being Jewish. When he was able to he fled Hungry and immigrated to England, where he took a job as a railroad porter and later as a waiter to support himself and pay for his attendance at the London School of Economics.
It was from here that his stellar career in the financial sector began, first with a job at a merchant bank, and then at investment firms and finance houses where he proved he had a natural, almost godly gifted, talent for working with numbers and growing money. It wasn’t long before he took his reputation and moved to New York City, where he, in 1969 started his first fun, later to be known as The Quantum Fund, with only Twelve Million dollars. Out of the success of this fund, he started Soros Fund Management, and to this day he is still a primary component of the firm’s operation and decision making. Visit this site to know more at opensocietyfoundations.org.
In his leadership capacity at SFM he recently appointed Dawn Fitzpatrick to be the Chief Investment Officer, putting her in charge of the firm’s portfolio, and handing over the reins of the firm’s primary assets section. She is one of the most successful female executive on Wall Street and will serve as the seventh CIO for SFM since 2000. It is expected that she will be around for quite a while, however, since Soros has stated that it took a long time to find the right person for the job, but he feels confident that with Fitzpatrick at the helm of the firm’s portfolio, the long track record of excellence and success will continue for many years to come. Read more about George at The New York Times.
While George Soros may be best known for being the “political Billionaire” he earned the billionaire part through shrewd and careful management and attention to detail. He is a man who should be listened to when he speaks, for he speaks with the voice of experience and wisdom.