George Soros Built a Financial Empire

 

The business world can be very unforgiving. There have been countless people who have attempted to start companies and failed to keep them afloat. However, George Soros did much more than start his own successful business. He worked hard to build it into one of the most successful financial companies on the planet. This was not something that came easily for him. It took many years of preparation. However, everything fell into place for George and he managed to succeed where so many had failed before him. The company that George started is called Soros Fund Management.

The path that George took to becoming one of the world’s wealthiest men was an unconventional one to say the least. His riches did not appear overnight like so many of today’s Internet millionaires. According to Forbes, George survived the Nazi occupation of Hungary and attended college in London after the war. He then worked for a series of merchant banks. It was during this time that he displayed the unique talent of being able to accurately forecast developments in the European stock market. It did not take very long for Soros to develop a name for himself. He soon found that his services were in very high demand. It took a while for him to get used to all the attention he was receiving from very wealthy and powerful people. Little did Soros know that one day he would become more wealthy and powerful than all of the people who were making his phone ring off the hook.

Soros Fund Management is the crown jewel of the financial empire that Soros has created. Headquartered in New York City, the company operates several enormous hedge funds that control assets with a combined total of well over $20 billion. The primary reason for the success of this company has been the very high rate of return that people receive on the investments they make with the company. The same skill that made Soros a big name when he was a merchant banker has allowed him to attract some of the largest investors in the world to do business with him. His uncanny ability to consistently generate outstanding profits on his investments has made Soros a legend in the financial world.

George has also taken it upon himself to become a mentor to many young people who want to make a name for themselves in the financial world. He regularly gives interviews where he talks about the struggles he had on the way up and the mistakes he made. He feels it is important to pass on the things he has learned so that future generations will be able to benefit from it.

He has said on many occasions that it requires a tremendous belief in yourself to be a success in any aspect of life. At some point, you will need to take a risk and gamble on yourself. Soros has said that he has gambled on himself many times. Obviously, those gambles have paid off in a big way.

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