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| '''George Soros''' (born ], ]) is the son of the ] writer ]. | |||
| In ], George Soros escaped ] for the West by participating in an Esperanto youth congress. He is famous as a currency speculator and a philanthropist. | |||
| Soros emigrated to England in ] and graduated from the ] in ]. | |||
| In ], he moved to the ]. He is the chairman of Soros Fund Management and of the ]. | |||
| Soros became instantly famous on September 22, 1992, when, believing the ] was overvalued, he speculated heavily against it. | |||
| The ] was forced to withdraw the currency out of the ], and Soros earned an estimated US$1 billion in the process. | |||
| He was dubbed "the man who broke the Bank of England." | |||
| In 1997, under similar circumstances, Malaysian Prime Minister ] accused Soros of bringing down the ] currency, the ]. | |||
| Despite his carefully groomed media image, Soros is a controversial figure because on the one hand, as an international investor and currency speculator, he has become extremely wealthy (his fortune in 2000 was estimated at US$ five billion). | |||
| On the other, he freely acknowledges that the current system of financial speculation undermines healthy economic development in many underdeveloped countries. | |||
| Critics point out that Soros plays the currency markets through Quantum Fund, his privately-owned investment fund registered in ], ], a ] ] which has repeatedly been cited by the International Task Force on Money Laundering of the ] as one of the world's most important centers for laundering the illegal proceeds of the Latin American drug trade. | |||
| By operating from Curaçao, Soros avoids paying taxes, and also hides the nature of his investors, and what he does with their money. | |||
| Soros has been active as a philanthropist since ], when he began providing funds to help black students attend the ] in apartheid ]. | |||
| He received honorary doctoral degrees from the New School for Social Research (New York), the ] in ], the ], and ] in ]. Soros was a student of ] and says that his investment strategies are based on a Popperian skepticism about the reliability of any one human belief. | |||
| For many years, Soros did not involve himself greatly in US politics, but that changed under President ]. In an interview with '']'' on ], 2003, Soros said that removing Bush from office is the "central focus of my life," and "a matter of life and death." | |||
| Towards that goal, Soros and a partner committed $5 million to , a liberal activist group, bringing to $15.5 million the total of his personal contributions to oust Bush. | |||
| He has also written a book, ''The Bubble of American Supremacy'', which will be published in January, 2004. | |||
| Soros is married with five children. | |||
| ==Books== | |||
| *''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'' (1998) | |||
| *''Open Society: Reforming Global Capitalism'' (2000) | |||
| *''George Soros on Globalization'' (PublicAffairs, March 2002) | |||
| ==External Links and references== | |||
| * | |||
| * | |||
| *George Soros, , Editorial in ], March 12, 2003. | |||
| * | |||
| * | |||
| * (pro-] point of view) | |||
Revision as of 18:10, 14 November 2003
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