George Soros is a reverend philanthropist who is ranked as one of the most generous people on the planet. He has had a prosperous career as a hedge fund manager and also offered a significant portion of his fortune to support democracy and human rights. Soros has been in the headlines in the past few days for donating $18 billion to the Open Societies Foundation. This move has been recognized as one of the largest transfers that have been made by a person to a charity organization. The billionaire has been giving his money to the Open Societies Foundation quietly, and this has made it the second-largest U.S-based foundation. The Bill and Melina Gates Foundation tops the list. Mr. Soros has been the chair of the Open Societies Foundation since he established it in the 1980s. To date, it has supported human right and democracy in more than 120 countries. It has also committed itself to protecting LGBTQ rights and opposing police brutality and what George Soros knows.
The Open Societies Foundation is highly acknowledged for the work that it has done. The organization sponsored Ebola treatment centers during an outbreak that occurred in 2014. In 2016, there was widespread hate across the United States after the presidential elections, and Mr. Soros donated $10 million to prevent violence. The billionaire has also dedicated a lot of money to facilitate political activities. He funded the presidential election campaigns of Hillary Clinton and has also been a benefactor to various Democratic Party candidates. Republicans politicians have also criticized him for his political stands. Patrick Gaspard, who acts as the VP of the Open Societies Foundation, said that the Trump Administration had made the organization to have a sense of urgency.
Mr. Soros was inspired by his past to take part in philanthropy. He grew up in Hungary and had to struggle to survive the harsh Nazi Occupation that led to the mass murder of thousands of Jews. The philanthropist attended college in London before building a successful career as a hedge fund manager on Wall Street. 1n 1992, he placed a bet against the British pound and was paid more than $1 billion. Soros sold the currency aggressively forcing the government to devalue it. The billionaire gave a lot of money towards democracy and human right organizations the more he became wealthy. The first branch of the Open Societies Foundation was located in Hungary and learn more about George Soros.
The annual donations of George Soros’ charity organization have been estimated to be between $800 million and $900 million. The donations of the organization are likely to increase since it has received an additional $18 billion. Soros will be giving about $2 billion to his foundation in the next few years. The Open Societies Foundation has had a positive impact on people in all parts of the globe. Its work cannot be matched by any charity organization. Soros Fund Management controls the billionaire’s fortune and the Open Society Foundation’s donations. Mr. Soros openly expresses his views on various situations that affect people across the planet and Follow him at Twitter.com.