Who is George Soros?


Reading — Intermediate Level
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George Soros, Hon FBA (born György Schwartz; August 12, 1930) is a Hungarian-American investor and philanthropist. Born in Budapest, Soros survived Nazi Germany-occupied Hungary and immigrated to England in 1947. Soros is known as "The Man Who Broke the Bank of England" because of his short sale of US$10 billion worth of pounds sterling, which made him a profit of $1 billion during the 1992 Black Wednesday UK currency crisis.

Soros is a well-known supporter of progressive and liberal political causes, to which he dispenses donations through his foundation, the Open Society Foundation. Between 1979 and 2011, he donated more than $11 billion to various philanthropic causes; by 2017, his donations "on civil initiatives to reduce poverty and increase transparency, and on scholarships and universities around the world" totaled $12 billion.

He influenced the collapse of communism in Eastern Europe in the late 1980s and early 1990s, and his extensive funding of political causes has made him a "bugaboo of European nationalists". Numerous American conservatives have promoted false claims that characterize Soros as a singularly dangerous "puppetmaster" behind a variety of alleged global plots, with The New York Times reporting that by 2018 these claims had "moved from the fringes to the mainstream" of Republican politics.
Source: Wikipedia
  1. Based on the article, would George Soros be considered liberal or conservative?

  2. Based on the article, what do you think "bugaboo" may refer to?

  3. In American politics, which group of people dislike Soros most?

  4. As per the cited New York Times article, is George Soros more of a secretive discussion topic or a popular one among Republicans?

  5. Why is Soros known as "The Man Who Broke the Bank of England"?


Practice your writing skills by discussing the questions below

  1. If you had billions, is there a cause you would donate to? Which one and why?

  2. Do you think billionaires should be able to donate to whichever cause they choose or should there be some restrictions? Explain.

  3. What would be the first thing you would do if you won the lottery?


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