When you achieve some level of success, be sure to attract almost an equal measure of love and hate. In the 1990s when George Soros hit the headlines for crushing bank of England, a lot of people, especially entrepreneurs envied him. Most of the people wanted to learn the tricks that George Soros used to make $1 billion in one night. When President Trump assumed office, thousands of people marched through the streets to express their displeasure on President Trump’s stance on women rights amongst other issues.
While some chose to see it as a reasonable way for people to exercise their democratic rights, others looked at the sea of pink and saw something different; an invisible hand of a man who wants to change the world order and rule over humanity.
No one has ever presented a concrete evidence to back their claims. These are conspiracy theories by individuals from the extreme right who want to portray George Soros as an evil-minded billionaire pushing for a new global order.
The 86-year-old prominent billionaire, a hedge fund manager, has become a punching ball of his critics. To the left, George Soros is considered as that rich guy championing causes that many people believe in. However, to the extreme right, he is evil and malicious. Despite there being no evidence, the people on the far right have continued to orchestrate these conspiracies to a point where they almost seem true.
George Soros came to the limelight when he made a bold bet against the British pound. This is one of the most significant risks that George Soros has ever undertaken, but it came to pay off well. He pocketed a cool one billion dollars, which financial experts say that it contributed to the fall of the England’s monetary system.
After a few years, George Soros places a similar bold bet during the Asian Financial crisis. Just like in 1990, he went smiling all the way to the bank after making a kill from the bets. A lot of people started viewing Soros as an individual who banks on catastrophes for personal gain. The Malaysian Prime Minister at one point accused Soros of causing his currency to lose more than 15 percent of its value. From this time, George has become the Rorschach test for the people in the far right.
George Soros net worth and philanthropic activities
According to an article on the business insider, George Soros net worth is estimated to be about $25.2 billion, which makes him the 27th wealthiest individual in the world. George Soros has derived a considerable portion of his wealth from his career as a hedge fund manager. George Soros gives huge chunks of his money to organizations and groups that advocate for human rights across the world. Soros gives his donations through his Open Society Foundation.