George Soros has a net worth of $24.9 billion and is the founder and chairman of Soros Fund Management LLC. He is ranked 23rd on the Forbes 400 list of the richest people in the world, as of July 2016. Soros amassed his fortune as one of the world's greatest speculators in the global financial markets. His famous bet against the British pound in 1992 generated more than $1 billion in profits in 24 hours and earned him the title of "the man who broke the Bank of England." His Quantum Fund earned a 33% annualized return for more than 30 years. His philanthropic activities have garnered much acclaim, while his political statements have sparked much controversy. This is how the legendary George Soros made his fortune.
http://www.investopedia.com/articles/insights/081116/how-did-george-soros-get-rich.asp
: A recent report by Oxfam International highlights the dramatic
: rise in income equality by noting that the combined wealth
: of the world’s top 8 individual billionaires is more than
: the lower half of the world’s population, some 3.6 billion
: people. The intention of the report was to bring awareness
: to the unfairness and injustice inherent in our global
: economic system.
: “It calls for a fundamental change in the way we manage our
: economies so that they work for all people, and not just a
: fortunate few.” [Oxfam]
: Listed below are the 8 billionaires along with their estimated
: wealth, which combined equals $426.2 billion.
: Bill Gates – $75 b
: Amancio Ortega – $67 b
: Warren Buffett – $60.8 b
: Carlos Slim Helu – $50 b
: Jeff Bezos – $45.2 b
: Mark Zuckerberg – $44.6 b
: Larry Ellison – $43.6 b
: Michael Bllomberg – $40 b
: Oxfam’s assertion is that world economies are mismanaged in
: favor of the wealthy, which is largely true, however, the
: report failed to hit the mark on this serious issue by not
: acknowledging the greatest problem with the world’s
: economy, which is the global central banking model of
: privately owned debt-based fiat currencies.
: The current banking model is the product of hundreds of years
: of planned development, structuring, manipulation, force
: and trickery which began in earnest with Mayer Amschel
: Rothschild, who first established banking and finance
: houses in Germany in the 18th century.
: The careful cultivation of his wealth with the assistance of
: his five sons allowed Rothschild to profit immensely during
: the French Revolution by providing financing and war
: materials to Austria, which in turn allowed the budding
: family empire to evolve into a multi-national organization,
: henceforth becoming a major financier of industry and war.
: “Around that time, Rothschild sent his five sons to live in
: the capital cities of various European countries. His goal
: was to have each of his children establish a banking
: business in Frankfurt, Naples, Vienna, Paris, and London,
: and throughout the 1800s, they did. With Mayer Rothschild’s
: children spread across Europe, the Rothschilds became the
: first bank to transcend borders. Lending to governments to
: finance war operations for the past several centuries
: provided ample opportunity to accumulate bonds and shore up
: additional wealth in a range of different industries.”
: [Source]
: Fast forward to 2016, the Rothschild family is a dynasty of
: unimaginable wealth which manages to somehow conceal it for
: the most part, never quite being publicly credited as the
: richest and most influential family in the world. By
: dividing their capital and holdings up amongst the many
: members of the family, including numerous descendants and
: heirs, occasionally a single member of the family will
: appear on a list of the world’s top individuals, however,
: the family as a whole represents the largest fortune ever
: known.
: “Traditionally, the Rothschild fortune is invested in closely
: held corporations. Most family members are employed by
: these corporations directly or invested in operations that
: generate family wealth. The remarkable success of the
: family has largely been due to a strong interest in
: cooperation, being entrepreneurs and the practice of shrewd
: business principles.” [Source]
: Investopedia estimates the family’s total wealth at over $2
: trillion in assets and holdings, including some of the
: world’s oldest living corporations: “…their holdings span a
: number of diverse industries, including financial services,
: real estate, mining, energy and even charitable work.There
: are a few Rothschild-owned financial institutions still
: operating in Europe, including N M Rothschild & Sons
: Ltd in the United Kingdom, and Edmond de Rothschild Group
: in Switzerland. The family also owns more than a dozen
: wineries in North America, Europe, South America, South
: Africa and Australia.” [Source]
: At $2 trillion plus, the family’s reported wealth is closing
: in on five times as much as the combined wealth of the
: world’s top 8 individual billionaires, meaning that the
: Rothschild family alone controls more wealth than perhaps
: three-fourths or more of the world’s total population.
:
: http://www.wakingtimes.com/2017/01/20/rothschild-family-wealth-five-times-worlds-top-8-billionaires-combined/