George Soros’ Philanthropic Endeavors

George Soros, the fund manager of New York Hedge, is recognized as one of the most politically powerful people on earth. From the early 80’s, he has helped fix political difficulties in many countries. Being rich, as he is worth $13 billion and a further $25 billion in investments, he is very influential. He describes himself as a missionary aimed at transforming the world into a better place, as well as a god or reformer the level of Einstein. Being an atheist, George Soros has made some controversial quotes such as saying he is invisible, benevolent and all-seeing.

Soros was born in Hungary on August 12, 1930 to Tividar and Erzebat Schwartz. In 1947, the family moved to England where he studied Economics in the London School of Economics. While in university, George Soros was exposed to the works of Karl Popper who became his spiritual mentor. Soros relocated to New York in 1956 to work as a stock trader on Wall Street, but later got a position at the investment bank known as Arnhold and S. Bleichroeder as the portfolio manager on Politico. In 1969, he came up with the Double Eagle Fund for Bleichroeder, and four years later set up a private partnership named Soros Fund Management, which grew to $1 billion by 1985.

Soros began narrating his story of philanthropy in 1979. In Hungary, he launched the first Open Society Foundation that was aimed at building vibrant and tolerant democracies whose governments are accountable to their citizens. He invested a lot of money in this, especially when he opened an office in Moscow. Soros continued to expand this foundation, and today it is active in more than 70 countries around the world. He opened another foundation on discoverthenetworks.org funneling its capital into American group and causes: this was the Open Society Institute. Soros described the institute as one that stands for freedom, democracy, human rights, social justice and a sane universe.

George Soros has been a supporter of refugees for a long time. In September 2016, he promised that his foundation would invest $500 million towards helping refugees and immigrants, especially those from Europe. His drive towards this is obvious having been born in Hungary and living in London before migrating to the United States of America. Soros also played an important part in funding the Women’s March on Washington in January 2017 to protest the agendas and policies of President Donald Trump on nytimes.com. He also supported the mass migration of middle easterners into Europe in October 2015 when the Hungarian Prime Minister had announced that Muslim immigration was endangering Christian roots. His support for anti- Israel and Islamist groups was thus clear.

Through this resistant against Trump’s policies, Soros was privileged to work with the Clinton family and President Barrack Obama. George was 19th in 2016s Forbes list.

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