George Soros has shown a vivid commitment not only in his career but also in his profound philanthropic works. He has received worldwide recognition with his generous acts and has a record of giving away over $32 billion from his individual fortune in the funding of the Open Society Foundations. Other than this, he is also the main funder of Central European University which he founded in Budapest and is now a leading social science study center in the region.
While at service in the Open Society Foundation, the initiative has been of great support to global organizations and individuals who seek to fight for their freedom and bring governments to account for injustices. The Open Society Foundation also champions for education to all children and has sponsored thousands of underprivileged students giving them an equal opportunity regardless of their background. The foundation has majorly focused on the minority groups in the society and those facing injustice simply for who they are. This includes drug users, LGBT people, and sex workers.
George Soros was motivated to support these pursuits as a result of his experience with the Nazi occupation. He was born in 1930, in Hungary, and survived the 1944-1945 tragedy which resulted in the killing of more than 500,000 Jews. George’s family was Jewish and was lucky to escape the incident by securing fake identity papers and also helped others do the same. Other than submitting to oppression, they sought out to fight the forces and came out stronger. Lucky enough, they were able to go through it, and Soros pledged to uplift the souls giving up on social injustices and learn more about George Soros.
George Soros left for London where he worked partially as a railway porter and partly as a night-club waiter to cater for his education at the London School of Economics. He later moved to the United States where his career in finance investments commenced. George initiated his own hedge fund, Soros Fund Management in 1970, which became a breakthrough for him to becoming the county’s most prominent investors in history. He acquired a fortune here and used it to start up the Open Society Foundation. The foundation has networked with numerous associations and is in operation in over 100 countries.
George Soros began his interest in philanthropy in 1997 when he was dedicated to offering scholarships to the apartheid-affected black South Africans. He also supported open exchange ideas of the Communist Hungary in 1980 and participated in funding their academic visits to the west. Soros created the Central European University after the Berlin Wall Fall, a center that targeted to foster critical thinking. Gradually, his works crossed boundaries to the United States, Latin America, Asia, and Africa to support the forces that pushed for transparency and accountability and Follow him Twitter.com.
His generosity has grown beyond his foundations, and he has been seen supporting independent organizations which include the International Crisis Group, Global Witness, and the European Council on Foreign Relations among others. Soros has now hit his 80’s and is still actively involved in the Open Society Foundation operations. In 2017, the foundation made it clear that Soros had moved $18 billion of his fortune which would be used to support the future work of the foundations. Soros has built a great legacy for himself which has proved worthwhile in solving the world’s most disturbing issues.
Other Reference: http://money.cnn.com/2017/10/17/news/george-soros-18-billion-open-society-foundations/index.html