Soros - he who broke the Bank of England

George Soros (born August 12, 1930, in Budapest, Hungary, as György Schwartz) is an American financial speculator, stock investor, philanthropist, and political activist. He has also promoted democracy in Eastern Europe.

Currently, he is the chairman of Soros Fund Management and the Open Society Institute and is also a former member of the Board of Directors of the Council on Foreign Relations.

His support for the Solidarity labour movement in Poland, as well as the Czechoslovakian human rights organization Charter 77, contributed to ending Soviet Union political dominance in those countries.

His funding and organization of Georgia's Rose Revolution was considered by Russian and Western observers to have been crucial to its success, although Soros said his role has been "greatly exaggerated."

In the United States, he is known for having donated large sums of money in a failed effort to defeat President George W. Bush's bid for re-election in 2004. He is also known to be a major supporter for Hillary Clinton in the 2008 presidential election, and supports multiple organizations working towards that end.

Soros is famously known for "breaking the Bank of England" on Black Wednesday in 1992. With an estimated current net worth of around $8.5 billion, he is ranked by Forbes as the 80th-richest person in the world.

Read the Wikipedia article about George Soros...

Photo author: World Economic Forum from flickr.com

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