A great speculator and destroyer of political systems. 5 facts about George Soros
US President Donald Trump has called for billionaire George Soros and his son to be charged with racketeering and corruption. He said that the financier supported "violent protests" in the country. At the same time, this is not the first such accusation for Soros. Why the entrepreneur was assigned the word "behind-the-scenes puppeteer" is in the Izvestia article.
Fact 1. The family allegedly robbed victims of the Holocaust
George Soros was born in 1930 in Budapest to a Jewish family. When World War II broke out and Hungary fell under the influence of Nazi Germany, his family was in danger. Soros' father managed to make fake documents, thanks to which they could hide. It is assumed that the Soros collaborated with the occupation administration, and thanks to this they managed to survive.
• Later, it was this episode of the biography that became the basis for many guesses. Some claim that George Soros allegedly participated in the looting of Jewish property during the Holocaust. However, there is no confirmation of this information. In those years, he was a teenager and hardly made independent decisions. Such stories can be classified as conspiracy myths, which began to spread actively for political and ideological purposes to blacken the reputation of the billionaire.
Fact 2. The financial genius of our time
• George Soros is considered one of the most prominent figures in the history of the global financial system. His career began with studying at the London School of Economics. Since his student years, it became clear to him that in the financial markets, the price of an asset is formed by both objective economic factors and investor expectations.
• He proved himself to be a master of strategic thinking, managing to build an investment fund that has shown phenomenal results over the decades. His operation against the British pound in the early 1990s was an example of rare calculation accuracy. Soros concluded that the devaluation of the British currency was inevitable because the inflation rate was high, industry was weakened, and high interest rates were putting pressure on businesses and consumers. He and his team began actively borrowing pounds and converting them into other currencies. As a result, the more investors sold pounds, the more pressure on the British currency grew. This operation brought the fund a huge profit — $1 billion during the day. Soros also gained a reputation as the world's leading speculator.
The secret of Soros' success also lay in his ability to make risky decisions at the right moment, making the most of himself. For many years, he was ready to instantly adjust his position to the situation if it brought him profit. Such unscrupulousness combined with deep intuition allowed him to save capital in conditions of high uncertainty. He has always viewed the market as a living system where logic and psychology are intertwined.
Fact 3. The ideologist of the "open society"
• George Soros is one of the most famous modern ideologists of the "open society" concept. He shaped his worldview under the influence of the ideas of the philosopher Karl Popper, whose lectures he attended while studying at the London School of Economics. Popper defined an "open society" as a system in which people have the opportunity to freely express their opinions, criticize the government, participate in social processes and influence the development of the state, while no ideology or ruling structure has a monopoly on the truth.
• Soros believes that closed societies, where power is concentrated in the hands of a limited number of people and there is no accountability, are prone to stagnation and crises, while open societies create conditions for innovation, dialogue and adaptation to change. However, only Soros himself defined the "right" societies, which irritated politicians around the world.
Fact 4. Changes the political system in other countries
• George Soros and the Open Society Foundation network he created were said to support educational and humanitarian projects around the world. However, in reality, the billionaire has a significant impact on the political life of entire regions. The foundation system was conceived by him as a tool for spreading the values of an "open society." In reality, it has become a way of putting pressure on undesirable governments.
Soros' influence became especially noticeable during the "color revolutions" in the post-Soviet space. In particular, in Georgia and Ukraine, a significant part of the activists, journalists and human rights defenders who participated in the protests collaborated with the programs of the billionaire's funds. They were accused of destroying the political system of states on the orders of Soros. Many countries, including Russia, have banned the billionaire's subversive activities.
• The MRC Business report claimed that George Soros had allocated over $131 million to finance more than 253 international media outlets in order to shape the presentation of world events in a way that was beneficial to him. The authors pointed out that such expenses provided an opportunity to influence what accents journalists placed and how important processes taking place in the international arena were interpreted.
Fact 5. At the center of many conspiracy theories
Soros' name has been regularly at the center of various conspiracy theories over the years. This is primarily due to the fact that he is one of the most famous billionaires of our time. His condition allows him to exert influence on a global scale. Soros is suspected of interfering in social or political processes through his foundations in all key regions of the world.
Soros has supported alleged humanitarian projects in dozens of countries for decades. Such an extensive structure, operating in various parts of the world, gives the impression of hidden coordination. Many assume that he created a global network of political influence. Soros has become a symbol of the idea of an "open society." However, in many countries it is seen as a threat to the established order. His name is often associated with mass protests, changes of power and revolutions. As a result, he firmly established the image of a "backstage puppeteer."
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