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The All Time Philanthropist, George Soros, Donates $18 Billion To The Open Society Foundation

Billionaire and human rights activist George Soros is no stranger to global headlines as he has single-handedly managed to impact the world enormously. His donation of $18 billion, as announced by the Open Society Foundation on October 17, 2017, has made the society the second biggest philanthropic organization in the United States, after Bill and Melinda Gates Foundation.

Early 2017, Forbes Magazine went ahead and ranked Soros as the 19th wealthiest person in the world and the 19th on the 400 Richest Americans. His net worth is estimated at $25.2 billion. George Soros has dedicated his time and resources to advance the work of the Open Society Foundation.

He founded the Open Society over 30 years ago to promote democracy and guarantee human rights to all without biases. He got the name from a book he came across during his studies at the London School of Economics. The book, ‘Open Societies & Its Enemies’ written by Karl Popper shared Soros philosophy of democratic governance, freedom of expression and respect for people’s rights.

He traveled and made huge donations to society to enable it to achieve its goals. It was also announced that Soros’ donation of $18billion to the Open Society resulted in him giving away a total of more than $30 billion of his own fortune. Furthermore, he has made efforts in other fields to assist people from all walks of life, apart from being involved in the foundation.

They include: promoting peaceful democratization, providing scholarships to thousands of people with a promising future, forming the Central European University in Budapest, and endorsing various groups such as those representing Europe’s Roma people, drug users, sex workers, LGBTI people; just to mention a few.

He has also supported other private organizations such as the Global Witness, the International Crisis Group, the European Council on Foreign Relations and the Institute for New Economic Thinking.
George Soros has a humble and philanthropic past. He was born in Nazi-occupied Hungary in 1930. Soros, his family, and a few other people managed to cover up their background enabling them to flee the country. Soros went to London in 1947 where he worked part-time as a railway porter and a nightclub waiter while during the day, he attended the London School of Economics.

In 1956, he immigrated to the United States and joined Wall Street, where his fortune came from. In 1970, he master-minded the Soros Fund Management, hence became one of the most successful investors in the United States.

George Soros has been very eloquent when addressing issues that are close to his heart. His devotion to battling issues that are deeply rooted in many societies shows exactly where he stands. He once wrote that his success in investment market has given him more independence than the average person. He, therefore, uses his power and independence to foster a more equitable and democratic environment for people from all backgrounds to live.

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The Contributions that George Soros Has Made towards a Better Society

George Soros is one of the most influential businessmen and philanthropist of modern times. He is a Hungarian Born New York business mogul. Soros is said to have made his big break when he made the short sale of ten billion pounds in 1992, making a profit of a billion pounds sterling. The event is now infamously known as the black Wednesday deal. After the deal, he moved to New York and started operating hisThe Contributions that George Soros Has Made towards a Better Society from here and read full article.

One of the events that marked George Soros childhood was the fact that he grew up in the Nazi-occupied Hungary. When the Holocaust started, he had to flee his country and move to England. He ended up doing a series of odd jobs. He began his first business, double eagle after many years of hard work and struggle. As a result of his past, George Soros has a very soft spot for people who are facing any form of persecution or mistreatment. In the past, he has supported individuals or groups of groups who are oppressed and what George Soros knows.

For the past two decades, George Soros, through the George Soros foundation has given more than $6billion to various groups which advocate for social justice. In the nineties, he was involved in the funding of a group which was supporting the equal educational opportunities between the black and white South African students. In 2014, he was in the middle of the racially charged debate which followed the shooting of an African American teenager by a white cop in Ferguson Louisiana. He contributed the money which funded the ferrying of busloads of people to the state for demonstrations which lasted several weeks and learn more about George Soros.

The political action committees, especially those that support Democrats, have been receiving a lot of support from the Soros Foundation. They say that people always put their money where their ideas are, and Soros banks on liberals all the times. For instance, he was very supportive of Senator John Kerry, when he decided to run against Bush in 2004. Soros was not happy about the war that Bush had started in Afghanistan, especially because of the number of innocent civilians who were suffering and dying. Even though John Kerry lost to Bush, Soros spirit to fight to deliver justice to those who cannot defend themselves and Follow his Twitter.

Soros has always liked Clinton’s style of politics. It is the reason why he supported her campaign from 2007 when she lost the nomination to Obama, to last year. Soros contributed more than $25million to Clinton’s campaign. He firmly believes that Trump may not be the right person to head the White House, especially because of the divisive politics that he plays. Soros has created a legacy that will live for hundreds of years and more information click here.

Other Reference: http://www.discoverthenetworks.org/individualProfile.asp?indid=977