Forced out by extreme poverty, lured by the possibility of economic advancement for themselves and their families
The philanthropist George Soros was born on born August 12, 1930, as György Schwartz; and is a Hungarian-American business magnate, investor, philanthropist, political activist, and author. He is chairman of Soros Fund Management. He is known as “The Man Who Broke the Bank of England” because of his short sale of US$10 billion worth of pounds, making him a profit of $1 billion during the 1992 Black Wednesday UK currency crisis. Soros is one of the 30 richest people in the world.
Soros’ letter begins: “The world has been unsettled by a surge in forced migration. Tens of millions of people are on the move, fleeing their home countries in search of a better life abroad. Some are escaping civil war or an oppressive regime; others are forced out by extreme poverty, lured by the possibility of economic advancement for themselves and their families.”
Care is an operative word, a label.