This summer, the philanthropist turned 93 and passed the reins of his foundations to his son. What comes next for the man whom some politicians have turned into a bogeyman?
that Mr. Soros reminded him of Magneto, the Marvel Comics villain with the power to control magnetic fields, and claimed that he “hates humanity.”
George Soros was born on Aug. 12, 1930, in Hungary, and grew up at a time when being Jewish was at best dangerous, and at worst lethal. His father Tivadar, a bright, enterprising lawyer, taught young George how not to present a “clear target to their enemies,” but to “blend in with the scenery and simply disappear,” as most animals do when threatened.
Then, in 1992, he made a career-defining gamble. Starting in August of that year, he bet heavily against the British central bank’s ability to keep its currency stable, buying US$10-billion, much of it borrowed, in pound sterling. On Sept. 16, the day that became known as Black Wednesday, the Bank of England spent billions of dollars from its foreign-currency reserves to shore up the sterling against the efforts of short sellers such as Mr. Soros – and failed.
Ever since 1993, when they were first created but under a different name, the Open Society Foundations – named after Dr. Popper’s concept – have been the primary vehicle for Mr. Soros’s international activism around democratic reforms and his U.S.-specific advocacy around palliative care, drug policy and the unfairness of mass incarceration. Mr.
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