George Soros is 90 years old: speculator, the billionaire benefactor

George Soros, a mixed still with energy in the debates, although he had been eleven years ago, frail. At that time, the former hedge Fund Manager and current ph

George Soros is 90 years old: speculator, the billionaire benefactor

George Soros, a mixed still with energy in the debates, although he had been eleven years ago, frail. At that time, the former hedge Fund Manager and current philanthropist said in an interview with this newspaper: "The structural weaknesses of the European currency area, are well-known: There is a Central Bank, but no Central European debt management." On the question of whether he is up against the Euro bet, said Soros at the time, the Euro will survive and he is not a speculator more, unlike in 1992.

Hanno Mußler

editor in the economy.

F. A. Z.

at the Time, catapulted Soros with his bet against the British pound, the "overvalued" currency of the European monetary system. His 1969 together with Jim Rogers founded the hedge Fund Quantum, made the more than 1 billion dollars in profit.In his "second life" is Soros indeed, as he desired to become from the speculator to the policy Advisor and patron of the arts. However, the benefactor of today is hardly less controversial than the time he cracked the "Bank of England".

On its EU-criticism is now

the EU member States of the EU have allowed the Commission in the light of the Corona-crisis now in July, the 750 billion euros in loans, is expected to respond to satisfy Soros eleven years after its criticism of the EU and, in his opinion, so far, lack of a "European Debt". But a lot of other things went wrong in the past few years in his senses.

In 2004 Soros was born in 1930 in Budapest as György Schwartz, in a secular Jewish family, and only with luck and a fake identity card of the Holocaust survived, wished: "I want to make Hungary a country I no longer want to emigrate." What may sound like a big track, had his permission.

conveyor vonSolidarność and Charter 77

Finally, it was supported by Soros since the end of the seventies, with his on New York's Wall Street money earned Eastern European resistance fighters against the Communist rulers, such as the solidarity trade Union in Poland and the Czech civil rights movement Charter 77.

With the fall of the Berlin wall in 1989 and the end of communism, Soros found its final determination. He bunched his Donations in 1993, the Foundation established the Open Society Foundation (OSF), which has spent up to today, claims to 15 billion dollars, of which considerable sums of money in his home country is Hungary. But the expenditure in education and health, to serve the promotion of democracy, are perceived by some as interference. However, this was not always so.

Updated Date: 12 August 2020, 14:19

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