How George Soros Built His Global Empire

Added: 2026-05-15

[00:00:00]In the last two years, [music] you've been blamed for financial collapse of Thailand, Malaysia, Indonesia, Japan, and Russia.

[00:00:07]>> all of the all of the above. All of the above. [music] Are you that powerful?

[00:00:12]No, I think there's a great misunderstanding.

[00:00:14]>> The Prime Minister of Malaysia Yes. um said that the region spent 40 years trying to build up its economy, and along comes a [music] like Soros with a lot of money, and it's all over. He called you a criminal.

[00:00:31]He poured $2 billion into Russia in the 1990s to essentially become the major shareholder in that nation's economy, and asked the US Federal Reserve for a $7 billion loan to help. But why?

[00:00:46]Well, when the Fed refused, he suggested that the ruble be devalued as much as 25%, which would make his investment even stronger to gain control, which fueled the crash.

[00:00:58]Soros also threw his money around the world, including Haiti, Bosnia, and nations in Africa during the 1990s. He poured $100 million into Russia again to help their scientists maintain control of intellectual property with his IOU attached, [music] and paid to train the Ukrainian military after the fall of the USSR when Ukraine became independent.

[00:01:21]In September 1992, the British government devalued the pound sterling as Soros had just sold billions of pounds during the days before the devaluation. Much of it purchased with borrowed money.

[00:01:33]He had just sold the Italian lira short, and it proceeded to devalue, and he later came back and then bought them back for a profit.

[00:01:42]After the crash in Italy and Britain, Soros also bought back British pounds at a massive discount, repaid the money he had borrowed in the first place, >> [music] >> and made a profit of about $1 billion in just 1 day, and earned the nickname the man who broke the Bank of England." When the dust settled on both actions, he made a total of $2 billion profit.

[00:02:04]In December 2002, a French court convicted Soros of insider trading for a 1988 stock deal [music] involving financial services company Société Générale, and he was fined 2.2 million euros, or $2.9 million. Soros appealed the ruling, but it was upheld by the Court de Cassation, which is France's Supreme [music] Court, in 2006.

[00:02:29]Facing new federal regulations concerning hedge funds, Soros announced in July 2011 that the Quantum Endowment Fund would no longer manage the money of outside investors.

[00:02:39]>> [music] >> Instead, it would only handle the assets of Soros and his family in offshore accounts.

[00:02:46]In 2003, Soros created startup funding for the liberal think tank The Center for American Progress, pledging millions of dollars to groups such as moveon.org to oppose the re-election of Republican President George W. Bush in 2004.

[00:03:02]He later financially supported the Democratic Senator Barack Obama's presidential campaigns in 2008 and 2012. And he donated to Hillary Clinton in the 2016 election and to Joe Biden in 2020. In 2010, Soros had given $100 million to the non-governmental organization Human Rights Watch.

[00:03:26]Despite left-wing media organizations trying to provide cover for Soros by denying that he funded domestic terror groups, George Soros's philanthropic group, the Open Society Foundations, admittedly invested $220 million in various racial >> [music] >> social justice organizations and leaders.

[00:03:45]This includes primarily the domestic terror groups Black Lives Matter and Antifa. They even announced it months in advance of the riots that cost about $2 billion in damages [music] and cost several lives.

[00:03:58]Soros has personally donated more than $32 billion to so-called left-wing charitable causes through his grant-making network, the Open Society Foundations.