George Soros vs Raila Odinga

George Soros’s profile picture
Raila Odinga’s profile picture
Founder, Soros Fund Management LLC
Former Prime Minister of Kenya
$8 Billion
Net worth 2018
$250 Million
Political Leaders
Budapest, Hungary
United States
1.75 m
Bachelor of Arts / Science, London School of Economics
Leipzig University, 1970 - Otto-von-Guericke University Magdeburg

In July 2017, Soros was elected an Honorary Fellow of the British Academy (HonFBA), the United Kingdom's national academy for the humanities and social sciences


A Russian intergovernmental letter released in December 2015 stated that Soros' charities were "forming a perverted perception of history and making ideological directives, alien to Russian ideology, popular


In January 2014, Soros was ranked number 1 in LCH Investments list of top 20 managers having posting gains of almost $42 billion since the launch of his Quantum Endowment Fund in 1973


In October 2013, Soros donated $25,000 to Ready for Hillary, becoming a co-chairman of the super PAC's national finance committee


On September 27, 2012, Soros announced that he was donating $1 million to the super PAC backing President Barack Obama's reelection Priorities USA Action


In October 2011, Soros drafted an open letter entitled "As concerned Europeans we urge Eurozone leaders to unite," in which he calls for a stronger economic government for Europe using federal means (Common EU treasury, common fiscal supervision, etc


In October 2010, Soros donated $1 million to support California's Proposition 19


In February 2009, Soros said the world financial system had in effect disintegrated, adding that there was no prospect of a near-term resolution to the crisis


In 2008, he was inducted into Institutional Investors Alpha's Hedge Fund Manager Hall of Fame along with David Swensen, Louis Bacon, Steven Cohen, Kenneth Griffin, Paul Tudor Jones, Seth Klarman, Michael Steinhardt, Jack Nash, James Simmons, Alfred Jones, Leon Levy, Julian Roberston, and Bruce Kovner


Time magazine in 2007 cited two specific projects—$100 million toward Internet infrastructure for regional Russian universities, and $50 million for the Millennium Promise to eradicate extreme poverty in Africa—noting that Soros had given $742 million to projects in the U


In September 2006 Soros pledged $50 million to the Millennium Promise, led by economist Jeffrey Sachs to provide educational, agricultural, and medical aid to help villages in Africa enduring poverty


In November 2005, Soros said: "My personal opinion is there's no alternative but to give Kosovo independence


On September 28, 2004, he dedicated more money to the campaign and kicked off his own multistate tour with a speech: Why We Must Not Re-elect President Bush delivered at the National Press Club in Washington, D


In 2003 former Federal Reserve chairman Paul Volcker wrote in the foreword of Soros's book The Alchemy of Finance:George Soros has made his mark as an enormously successful speculator, wise enough to largely withdraw when still way ahead of the game


According to National Review Online the Open Society Institute gave $20,000 in September 2002 to the Defense Committee of Lynne Stewart, the lawyer who has defended controversial, poor, and often unpopular defendants in court and was sentenced to 2⅓ years in prison for "providing material support for a terrorist conspiracy" via a press conference for a client


He received the Yale International Center for Finance Award from the Yale School of Management in 2000 as well as an honorary degree in economics from the University of Bologna in 1995, the oldest university in the world


)In 1999, economiSt Paul Krugman was critical of Soros's effect on financial markets


In 1998's The Crisis of Global Capitalism: Open Society Endangered Soros explained his role in the crisis as follows:The financial crisis that originated in Thailand in 1997 was particularly unnerving because of its scope and severity


" In 1997, Soros closed his foundation in Belarus after it was fined $3 million by the government for "tax and currency violations


United when the league was founded in 1995, but the group lost these rights in 2000


" In 1994, Soros delivered a speech in which he reported that he had offered to help his mother, a member of the Hemlock Society, commit suicide


On October 26, 1992, The Times quoted Soros as saying: "Our total position by Black Wednesday had to be worth almost $10 billion


Lenders began to make more money available to more people in the 1990s to buy houses


In 1989, the Commission des Opérations de Bourse (COB—the French stock exchange regulatory authority) conducted an investigation of whether Soros's transaction in Société Générale should be considered insider trading


In 1988, Soros was contacted by a French financier named Georges Pébereau who asked him to participate in an effort to assemble a group of investors to purchase a large number of shares in Société Générale, a leading French bank that was part of a privatization program (something instituted by the new government under Jacques Chirac)


I did it first in The Alchemy of Finance (in 1987), then in The Crisis of Global Capitalism (in 1998), and now in this book


Soros played a role in the peaceful transition from communism to democracy in Hungary (1984–89) and provided a substantial endowment to Central European University in Budapest


They had three children:In 1983, George Soros married Susan Weber, twenty-five years his junior


By 1981 the fund had grown to $400m, and then a 22% loss in that year and substantial redemptions by some of the investors reduced it to $200m


Soros received honorary doctoral degrees from the New School for Social Research (New York), the University of Oxford in 1980, the Corvinus University of Budapest, and Yale University in 1991


" From 1979, as an advocate of 'open societies', Soros financially supported dissidents including Poland's Solidarity movement, Charter 77 in Czechoslovakia and Andrei Sakharov in the Soviet Union


It represented Kosovo, the Turkish Republic of Northern Cyprus (under military occupation by Turkey since 1974), Somaliland and the Polisario Front of Western Sahara


Since its inception in 1973, the fund has generated $40 billion


Soros has been active as a philanthropist since the 1970s, when he began providing funds to help black students attend the University of Cape Town in apartheid South Africa, and began funding dissident movements behind the Iron Curtain


In 1969 Soros set up the Double Eagle hedge fund with $4m of investors' capital including $250,000 of his own money


In 1966 he started a fund with $100,000 of the firm's money to experiment with his trading strategies


He spent the years from 1963 to 1966 with his main focus on the revision of his philosophy dissertation


In 1954, Soros began his financial career at the merchant bank Singer & Friedlander of London


Soros earned a Bachelor of Science in philosophy in 1951, and a Master of Science in philosophy in 1954, both from the London School of Economics


In 1947, Soros immigrated to England and became a student at the London School of Economics


In 1945, Soros survived the Siege of Budapest in which Soviet and German forces fought house to house through the city


Tivadar not only saved his immediate family but also many other Hungarian Jews, and George would later write that 1944 had been "the happiest [year] of his life," for it had given him the opportunity to witness his father's heroism


In 1936 Soros's family changed their name from the German-Jewish Schwartz to Soros, as protective camouflage in increasingly antisemitic Hungary


George Soros, Hon FBA (/ˈsɔːroʊs/, /ˈsɔːrɒs/; Hungarian: Soros György, pronounced [ˈʃoroʃ ˈɟørɟ]; born György Schwartz, August 12, 1930) is a Hungarian-American investor, business magnate, philanthropist, political activist and author


The Flame of Freedom', an autobiography detailing his life and struggles, was launched in October 2013


He worked closely with President Kibaki in 2010, to pass a new constitution for Kenya, which moved some of the power of the presidency back to the local government level


As a result of the violence following the 2007 election, former UN Secretary General Kofi Annan stepped in and helped reach an agreement between Odinga and the President to form a coalition government, with Odinga being sworn in on April 17, 2008 as Prime Minister


'In 2007, Raila ran for president again, narrowly losing


In 2005, following a political controversy the President dismissed his entire cabinet and reassembled it, without Odinga and his allies, leading him to form a new coalition, the 'Orange Democratic Movement


In 2002, in opposition of President Moi's choice of presidential candidate, Raila left 'KANU' to form the 'Liberal Democratic Party


From June 2001 to 2002, he served on the Cabinet of President Moi as Energy Minister


He ran for President in the 1997 General Election, finishing third but keeping his seat in Parliament


In 1992, 'FORD' split into two factions, 'FORD-Kenya' led by Raila's father, and 'FORD-Asili' led by Kenneth Matiba


He was released from prison on June 21, 1991, and in October left Kenya for Norway


He was released from prison on June 12, 1989, but a year later was arrested again


Shortly after his release, he was rearrested for involvement with activists pushing for multi-party democracy in Kenya, in September 1988


'In 1982, he was accused of collaborating with the plotters of a failed coup attempt against the President


In 1974 he left the 'University of Nairobi' and began working at the 'Kenya Bureau of Standards' as a group standards manager


He exchanged wedding vows with Ida in 1973 and the family resides in Karen, Nairobi


'In 1971, while still teaching at the 'University of Nairobi' he established what would become 'East African Spectre Ltd


After completing his graduate studies in 1970, Raila returned to Kenya, where he became a lecturer at the 'University of Nairobi


Starting in 1962, he spent two years at the 'Herder Institut', part of the 'University of Leipzig' in East Germany


Raila Amolo Odinga was born January 7, 1945 in Maseno, Kenya to Mary Ajuma Odinga and Jaramogi Oginga Odinga