George Soros was born in Hungary to Jewish parents.
When he was young, the Nazi army occupied Hungary, his birth place.
Many people died, but Soros luckily escaped death and later migrated to London and then to America.
From his young age, he wanted people everywhere not be oppressed but to have freedom.
He was also greatly influenced by his mentor in his college, who fueled his view about individual freedom.
So, he first decided to make lots of money, so he could help others later on. He started as a clerk, but slowly grew into a leadership position.
Later he started his own hedge fund and made enormous money for his investors and for himself and became a billionaire.
What you could learn from this episode:
- What influenced his life and his investment philosophy.
- Why he got into philanthropy.
- His main focus in his life