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George Soros was born in Budapest,
Hungary in 1930. He survived the Nazi occupation
and left communist Hungary in 1947 for England,
where he graduated from the London School of Economics
(LSE) in 1952. While a student at LSE, Soros became
familiar with the work of the philosopher Karl
Popper, who had a profound influence on his thinking
and later on his professional and philanthropic
activities.
In 1956, Soros moved to the United
States, where he began to accumulate a large fortune
through an international investment fund he founded
and managed. He is currently the president and
chairman of Soros Fund Management LLC, a private
investment management firm that serves as principal
advisor to the Quantum Group of Funds, a series
of international investment vehicles. In July
2000, Soros merged his flagship Quantum Fund with
the Quantum Emerging Growth Fund to form the Quantum
Endowment Fund. The Quantum Fund is generally
recognized as one of the most successful investment
funds ever, returning an average 31 percent annually
throughout its more than 30-year history.
Soros has been active as a philanthropist
since 1979, when he began providing funds to help
black students attend the University of Cape Town
in apartheid South Africa. Today he is chairman
of the Open Society Institute and the founder
of a network of philanthropic organizations that
are active in more than 50 countries. Based primarily
in Central and Eastern Europe and the former Soviet
Union-but also in Africa, Latin America, Asia,
and the United States-these foundations are dedicated
to building and maintaining the infrastructure
and institutions of an open society. In 1992,
Soros founded Central European University, with
its primary campus in Budapest.
Soros is the author of seven books,
most recently George
Soros on Globalization (PublicAffairs, March
2002). His other books include: The Alchemy of
Finance (1987); Opening the Soviet System (1990);
Underwriting Democracy (1991); Soros on Soros:
Staying Ahead of the Curve (1995); The Crisis
of Global Capitalism: Open Society Endangered
(1998); and Open Society: Reforming Global Capitalism
(2000). His articles and essays on politics, society,
and economics regularly appear in major newspapers
and magazines around the world.
Soros has received honorary degrees
from the New School for Social Research in New
York City, the University of Oxford, the Budapest
University of Economics, and Yale University.
In 1995, the University of Bologna awarded Soros
its highest honor, the Laurea Honoris Causa, in
recognition of his efforts to promote open societies
throughout the world.
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