George Soros and His Philanthropy Endeavors

As the leader of the Open Society Foundation, there is no individual more important than George Soros. For over 30 years, he has engaged in a campaign for human rights and until 2011 he had donated vast sums of money to many important causes. However, his most recent donation of $18 billion directly to his foundation has completely surpassed that. He did it over a number of years, and recently announced the transfer just this year.

Although it has taken several years, Soros and his foundation are now turning their attention to the United States. Much of the $18 billion he has donated will be utilized to protect the rights of gays and lesbians across America and to serve a check against many of the perceived abuses of American police officers. In light of recent events, Soros and the Open Society now have a new sense of urgency.

Soros and his team realize that the election of Donald Trump as President of the United States in 2016 has had the (unintended?) consequence of bringing out some extremely unsavory elements in American culture. Ever since the man took office, more and more fringe hate groups have been emboldened. The Open Society realized they are going to have to be committed to pushing back against these developments.

This is a role that Soros is very well accustomed to. A large chunk of his gift to his foundation went to funding treatment centers in Africa for the Ebola outbreak. He also was looking to establish a Roma center for art and culture promote tolerance diversity throughout the world on a consistent basis.

Soros’ $18 billion gift will definitely help individuals the world over. One such example would be in the Asian theatre, where it will be utilized to combat the extreme abuse of power that many soldiers exhibit to the populace. A portion of the money will also go to assist Asian areas and communities with access to clean, healthy and sanitary drinking water. The endowment will also go to help fund activism in Mongolia which excludes children with disability from taking part in a free and public education and read full article.

There is no question that George Soros is an individual who knows full well what an abuse of human rights looks like. As a young lad growing up in Nazi-occupied Hungary, he experienced it firsthand. Although he survived World War II, he was soon to realize that communist rule in Hungary was not much better. Considering it all, Soros elected to escape Hungary for London in 1947.

Soros did not immediately become involved in investments right away. He began his career as a traveling salesman in the Welsh seaside, but he wasn’t happy, describing it as the “low point in my life.” He stayed persistent and eventually got a position as an investment banker at Singer and Friedlander in 1954. He changed jobs and worked for F.M. Mayer in New York City in 1956.

He founded Soros Fund Management in 1970 and became a multi-millionaire within a decade and then a billionaire about a decade later. His wealth increased exponentially when he bet $1 billion against the British Pound and follow him Twitter.com.

Throughout it all, Soros’ passion for human rights never left him. His $18 billion donation shows that he continues to care for the downtrodden, making him an asset to many decaded to come, probably perhaps even posthumously.

More Visit: https://www.forbes.com/sites/igorbosilkovski/2017/10/19/after-big-gift-george-soros-fortune-more-than-halved-falls-40-spots-on-rich-list-ck/#6bdc9daf21ee