George Soros is among the few individuals who have committed themselves to transforming the world into a better place that respects democracy and human rights. The liberal billionaire has ventured in the hedge fund management sector for the past five decades and has accumulated a lot of the wealth. He has invested a significant portion of his fortune to philanthropy, and this has made him one of the world’s most generous people. In the past few weeks, the philanthropist has been on the headline for giving $18 billion to his charity organization, the Open Societies Foundation. This is one of the most significant donations that have ever been made to a nonprofit. The Open Societies Foundation is now listed as the world’s second-largest foundation after the Bill and Melinda Gates Foundation. The charity has been headed by George Soros from the time it was created. It has dedicated resources to advocate for democracy and human rights in about 120 countries across the world. The organization has focused on LGBTQ rights and protesting police brutality in the United States and learn more about George Soros.
The significant work of the Open Societies Foundation is acknowledged globally. In 2014, it offered money to develop Ebola treatment centers to address an outbreak that had occurred at that time. The foundation also provided $10 million to prevent violence in the U.S after the 2016 election. The election led to the spread of hate across the nation. The former hedge fund manager is also acknowledged for his donations to support political undertakings across the world. He gave millions of dollars to facilitate Hillary Clintons’ presidential bid in 2016. Soros has also been a benefactor to several Democratic Party politicians. Supporters of the Republican Party have criticized him for his involvement in politics. The Open Societies Foundation has increased its activities in the United States since Donald Trump took over power and read full article.
Soros’ childhood experience greatly influenced him to start supporting human rights and philanthropy. He was born in Hungary during a time when the Nazi, which is the majority, had a conflict with the Jews. The Nazi Occupation led to the massacring of thousands of Jews. George Soros has made a fortune on Wall Street since he started his hedge fund management business in the late 1960s. In 1992, he won a bet against the British pound and was offered $1 billion. His wealth encouraged him to establish the Open Societies Foundation, and its first offices were in Hungary and Follow him Twitter.com.
According to a recent post on the New York Times, the billionaire gives between $800 million and $900 million to charity annually. He had offered over $12 billion to philanthropy by 2015. His $18 billion donations to the Open Societies Foundation will enable it to reach many people globally. Soros has pledged to offer $2 billion to the organization in the next couple of months. The Open Societies Foundation wants to have a positive impact on the lives of people from all parts of the world. It has helped minorities to uphold their democratic human rights.