The New Paradigm for Financial Markets: The Credit Crash of 2008 and What It Means

George Soros, born on August 2, 1930, is a Hungarian-born American, businessman, investor, and philanthropist. He was known for his support of liberal policies and his active role in the transition from communism to the capitalist system in Hungary (1984-1989). George gave the largest grant presented to the European University in Budapest, the capital of Hungary, knowing that it was a donation against the Serbian invasion of Sarajevo in the nineties. Early life He was born in Budapest, the capital of Hungary, to a secular upper-middle-class Jewish family. His father is a lawyer and his mother belongs to a family that owns a silk fabric store. He married in 1960. He immigrated in 1947 to England, where he applied to study at the London School of Economics to be the poorest student in it, so he worked as a waiter to secure himself. What he subsists on and finished his studies with a bachelor's degree in philosophy in 1951 and during 1954 he obtained a doctorate in the same specialty.