George Soros on Adani Group: In the 1940s, an 8-year-old Jewish boy received a fake ID during the genocide of the Jews in Hungary. The purpose of this fake ID was to hide his identity. A few years later the boy came to London. In London he also worked as a porter at a railway station and as a waiter in hotels. After many decades of struggle, today this man is counted among the top billionaires of the world. The name of this 93-year-old man is George Soros. We are discussing George Soros because the Gautam Adani Group has been crushed in a report on an organization backed by this billionaire.
in fact, Hindenburg About 8 months later, another report accused the Gautam Adani Group of wrongdoing. The organization that released this report is the Organized Crime and Corruption Reporting Project (OCCRP). OCCRP is supported by American billionaire George Soros.
How much wealth
According to the Bloomberg Billionaires Index, George Soros has a net worth of $7.16 billion. He is currently the 329th richest billionaire in the world. At the same time, Forbes estimates that Soros is worth $6.7 billion and is the 396th richest billionaire in the world.
A childhood spent with conflict
Born into a Jewish family in Budapest, Hungary, Soros’ childhood was spent in an environment of intense conflict and fear. This was the period when the German dictator Hitler was hunting and killing Jews and more than 5,00,000 Hungarian Jews lost their lives in the genocide. In such an environment, Soros spent his childhood hiding his identity. When World War II ended in 1945, a communist government was formed in Hungary and the Soros family decided to leave the country. In 1947, Soros moved to London with his family. To pursue his dream of studying at the London School of Economics, Soros began working odd jobs. During this time he worked as a railway porter and a night club waiter.
In 1956, Soros turned to the world of finance and investment. For this he went to America. After this, Soros formed a company called ‘Soros Fund Management’ in 1973. It’s American share market Started earning by investing money and became famous as a currency trader. By the 1980s, Soros was known as a powerful businessman.
Profit from the destruction of the Bank of England
In the year 1992, George Soros made a lot of money due to currency appreciation. During this period, the Bank of England was ruined and Soros made over $1 billion. This was the largest earnings of any trader in the currency market. Similarly, Soros also made money by taking short positions on the currencies of Malaysia and Thailand.
Politics and controversy
In 1993, Soros launched the Open Society Foundation. Although the foundation was started with a social service purpose, Soros was later accused of running a political agenda through the organization. In 1999, Soros’ organization entered India, but in 2016, the Indian government banned the organization from receiving funds in the country.
George Soros is one of the largest donors to the US Democratic Party. He was also accused of funding the overthrow of the George W Bush government in the US. She is from India Narendra Modi They are also seen throwing fire against the government. Recently, George Soros said that India is a democratic country, but Prime Minister Narendra Modi is not democratic. Soros also said many objectionable things about PM Modi. After this, politics in India heated up. Now a Soros-backed organization has accused the Adani Group.
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What are the charges?
The OCCRP alleged that millions of dollars were invested in Adani Group shares by offshore entities linked to promoter family partners. Citing a review of several ‘tax haven’ files and some internal emails of the Adani Group, the OCCRP said its investigation found at least two cases in which “undisclosed” investors bought and sold Adani shares through such offshore entities. Tax havens are countries where taxes are much lower than other countries.