George Soros is a prominent investor who was born in Budapest, Hungary back in 1930. He’s also an active philanthropist who established Open Society Foundations. Open Society Foundations (OSF) is an organization that offers monetary assistance to civil societies located all around the globe. Open Society Foundations strives to make improvements to independent media, public health and fairness, among other things.
Soros hasn’t been directly involved in trading for quite some time now. Lately, however, he’s been at the helm of a number of significant investments. Soros Fund Management handles approximately $30 billion on behalf of the wealthy investor’s family. The management firm purchased gold mining shares and gold. The firm also sold some stocks. All of this occurred in the middle of a rather dismal economic perspective for the planet. This all occurred in the middle of possible dramatic changes in the market as well.
Soros responded to interview questions by the Wall Street Journal, a popular daily newspaper that is headquartered in New York, New York. The Wall Street Journal is a well-known publication that concentrates on business and financial subjects. During the interview, George Soros discussed worries regarding capital flight originating in China. He also talked about how the political environment in the vast nation’s mainland could potentially interfere with permanent changes. Soros comments also made it sound like he had fears of a possible breakdown of the European Union. Contributing factors to his worries included the problems in Greece, mounting migration troubles and the chances of the United Kingdom leaving the union for good.
Soros is an investment professional who is known for hedge funds. Although he was born in Central Europe in Hungary, he moved to the United Kingdom in 1947. He then relocated across the pond to New York in 1956. He created Soros Fund Management in 1970.
Learn more about George Soros: