In the business and political worlds, George Soros is aptly known as a serial entrepreneur, hedge fund manager, and a renowned philanthropist. The billionaire is actively involved with the US politics having been ranked as one of the major donors to the Democratic Party. Recently, the businessman made a significant decision of transferring over $18 billion of his fortune to his organization, the Open Society Foundations. This donation is one of the most significant transfers of wealth that has ever been by an individual to a single charity. According to the Fortune.com, George Soros made the bulk transfer of his wealth to the organization so that it can continue impacting on the global society.
According to the Wall Street Journal, this donation puts Open Society Foundation in the second place in the list of the most prominent charities in the US. The Open Society Foundations is second to the Bill and Melinda Gates Foundation and is expected to impact on the social-political landscape of the United States and the world at large. George Soros’ gift to the global community puts him ahead of other leaders who are championing social politics. George Soros’ wealth has given him the means of changing a lot within communities of the world.
The Open Society Foundations is an establishment of George Soros that was founded over three decades ago. The organization has carried out extensive work in over 120 nations across the globe on matters democracy and human rights. In the United States, the charity has been on the forefront in advocating for equal rights for minority groups such as the LGBT community, immigrants, and individuals who are dealing with drug abuse and George Soros’s lacrosse camp.
During the 2014 Ebola catastrophe, the Open Society Foundations provided financial aid to medical state agencies that were combating the disaster. In the wake up of the 2016 American election, George Soros was very vocal about the need to stop the hatred that was triggered by the divisive agenda of the Trump campaign. The businessman committed over $10 million to the fight against politically instigated violence. According to Soros, the election had awakened “dark forces” that were threatening to destabilize the unity of the Americans and more information click here.
George Soros’ activism in the American politics and extensive involvement with the Democratic politicians has made it easier for the Republican establishment to target him with criticism and conspiracy theories. The criticism accusations leveled against the businessman have not deterred him from reliving his commitment to the downtrodden individuals in the society.
During his childhood, the war-stricken Hungary helped shape George Soros’ urge to speak up for the oppressed in the society. When Soros managed to flee Hungary, he found himself in London where he enrolled at the London School of Economics. Later George Soros immigrated to the United States where he built much of his fortune managing hedge funds on Wall Street. In 1992, George Soros wagered against the British Pound and made a lot of fortune in less than 24 hours and Follow him Twitter.com.