The Philanthropic Efforts of George Soros

George Soros is the founder of the Soros Fund Management LLC. He was born in Hungary in 1930 but fled the country at the very tender age of 17 in 1947, just after the Second World War. He went to London where he put himself through the London School of Economics working as a waiter and as a railway porter to raise enough money for school fees and upkeep. After working at a merchant bank for a while, Mr. Soros immigrated to New York City where he started his hedge fund in 1969. With 12 million dollars, this fund was known as Quantum Fund and learn more about George Soros.

In 1992, George Soros shorted the British pound to make a profit so impressive that he was christened the man who broke the Bank of England. That steered him in the path of success, making him one of the richest people in the world. To date, Mr. Soros remains an investment magnet. His company, Soros Fund Management LLC is worth 30 billion dollars in assets. Besides financial management and investment, Mr. Soros is perhaps best known around the world as a philanthropist. Throughout his life, he has given a staggering 12 billion dollars to charity and philanthropic causes, a figure which keeps rising annually. He has also committed much time, energy and resources in support of liberal causes and is a fierce critic of American president Trump’s administration and policies and more information click here.

Mr. Soros’ philanthropic activities started in 1979 and had only grown more elaborate over the years. He began the Open Society Foundations to foster the creation of societies that enjoy democratic governance, freedom of expression and the granting and protection of individual rights for all. The Open Society Foundation comprises of a network of foundations and partners with a presence in over 100 countries around the world. Mr. Soros has a soft spot for the marginalized members of society who have been pushed to the edge of mainstream politics and those who are persecuted solely for who they are. Some of the greatest beneficiaries of his philanthropic efforts include members of the LGBTI community, sex workers and drug users and what George Soros knows.

George Soros’ charitable activities were initially concentrated in Eastern Europe where the tight grip of communism had subjected citizens of the countries in this region to many hardships and follow his Twitter. Through the Cold War, Soros supported numerous charitable organizations in providing aid for the people. He also helped black South Africans to attain education at the height of Apartheid. As the Cold War ended, his philanthropic efforts expanded to America, Asia and Africa. He has funded numerous organizations over the past three and a half decades that seek to create transparent, accountable and democratic societies. His efforts have helped bring reprieve to many people around the world, and continue to do so to this very day and George Soros’s lacrosse camp.

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