George Soros is a Hungarian-American businessman who was born in Budapest on August 12, 1930. He studied at the London School of Economics where he graduated with a bachelor’s degree and later masters in philosophy. His studies in philosophy led him to apply Karl Popper’s General Theory of Reflexivity to Capital Markets. He stated that this theory assisted him to understand the market value of securities and asset bubbles, as well as the value discrepancies that are used in the shortlisting and swapping of stocks. Learn more about George at Biography.
George Soros is renowned for his prominent international support for democratic ideals and causes for over 30 years. He is a generous philanthropist through his organization, the Open Society Foundations, where to date he has given away over $12 billion. He has been a firm supporter of democracy and human rights in over 100 countries. He has been able to support various individuals and organizations around the world fight for transparency, freedom to express themselves, governments’ accountability, and organizations that promote equality and justice. In 2004, George Soros scaled back his generous political funding after the unprecedented spending of $27 million to defeat George W. Bush. He then resurfaced in 2016 having committed over $25 million to boost Democratic candidates and causes including Hillary Clinton.
He even planned to attend the Democratic convention for the first time ever to watch Hillary Clinton, accept her Democratic presidential nomination. It is due to the economic situation in Europe that Soros canceled his trip a week to Clinton’s nominations speech. It is such like financial assistance from Soros that helped Clinton’s campaign and her allies create a humming machine that dwarfed Trump’s. In 2005, Soros played a huge role in the launching the Democracy Alliance, a secretive club of major liberal donors. This movement has been aimed at focusing to steer funds away from cash hungry groups that fight electoral battles in the short-term and direct them to the ones that seek to build long-term intellectual infrastructure goals, which include income inequality, combating climate change and outsizing in politics the role of big money. Visit projectsyndicate.com to know more about George.
George Soros has been focusing his philanthropy on international foundations that are known to have donated over $13 billion over the past 30 years to nonprofit organizations whose aims are to expand health care access and education around the world including the U.S. His philanthropy foundations also aim at nonprofit organizations that defend human rights and help in shaping the democratic process in countries that are found in Eastern Europe. On December 13, 2014, over 10,000 protesters converged on Washington to bring to attention the deaths of black unarmed men at the hands of white police officers. George Soros took interest in this and funded the Ferguson “Black Lives Matter” campaign. Soros donation went into helping further police reforms, accountability, and transparency to the public.