George Soros is undoubtedly one of the greatest philanthropists of his generation. The famous Hungarian-American investor was born in 1930 in Budapest, Hungary. He came from a humble background and grew up during a challenging period among the Hungarian Jews community. George studied at the London School of Economics before relocating to the United States of America in 1947. It’s during this time that he joined the world of business, launching his career in finance investments.
After a couple of years in business, George Soros established his financial firm: the Soros Fund Management in 1947. George worked so hard for his organization and served his clients diligently. He grew his business to become one of the most successful investment firms in the entire USA’s history.
George Soros donates $18 billion to Open Society Foundations
George has made another huge financial contribution meant to support the operations of his brainchild organization: the Open Society Foundations. The $18 billion donation has been reported to tally his total financial support towards to foundations to over $30 billion. The breathtaking amount has also been heckled to raise this humanitarian organization to one of the biggest ever in the entire United States.
George established Open Society Foundation, an international network of organizations and partners, with the aim of building friendly global communities with accountable governments which are open to participation by its people. The organization has continued to fight for the fundamental human rights as well as the rights of the marginalized members of the society.
Headquartered in New York City, Open Society Foundations works in more than 100 countries in various parts of the world. The organization has reportedly intensified its operations in the US in the recent past. It has supported a number of programs in the global society including treatment of cancer outbreak in 2014. Its efforts haven’t gone unnoticed. Open Society Foundations has been praised by many for its good deeds. Darren Walker, the president of Ford Foundation, has reportedly heckled what the organization has been able to do within the last two decades alone.
Soro’s other philanthropic activities
George did not begin his philanthropic giving with the formation of the foundation. In 1979, he had already began awarding scholarships to black South African students. Having been brought up during the Nazi Occupation of 1944, George Soros understood what it means to grow up in challenging environment. He has since supported a number of community initiatives in different parts of the globe. His desire for what he believed to present good leadership to the region saw him make significant donations towards Hillary Clinton’s political campaigns.
At about 87 years of age, George has done much to both individuals and groups in various countries of the world. His relentless commitment towards making the world a better place for all can still be seen through his generous giving. It is reported that he will continue to give higher donations to Open Society Foundations over the coming years as he has already increased his annual contributions.