Despite being one of the richest men on the planet, George Soros is not defined by his wealth. When he is gone, the world-renowned businessman will most likely be remembered for eagerness to help people than the amount he made. He is a walking success story having risen from relative obscurity to become arguably the best hedge fund manager of the 21st century. However, thanks to his passion for giving, he not only works through his Soros Fund Management Company but also through a collection of civil society and charitable groups under the umbrella of the Open Society Foundations.
First created in 1984, the Open Society Foundations have grown to become Soros’s primary instruments for creating positive political change. These foundations are mainly based in nations with oppressive regimes and are constantly engaged in attempts to increase democracy in their countries. The close to two-dozen foundations that the Open Society works with receive no more than a third of their finances from the Society, so as prevent co-dependence and conflicts of interest. Over the last two-and-a-half decades, the total funds given through the Open Society stand at approximately $12 billion, about of George Soros’s current net worth and more information click here.
George Soros has also been engaged in a lot of political activity in the United States, especially in the last 15 years. While America does not have the same challenges with Democratization as many of the other countries Soros works in, there are still many who are denied their civil liberties and subjected to oppression. At the national level, he has provided financial support to one side of the political divide on the last four occasions. With President George Bush seeking re-election in 2004, Soros gave political contributions to his challenger hoping to prevent him from retaking the presidency. Despite Bush winning the election, the experience left Soros wiser and he soon after decided to form the Democratic Alliance – a collection of big like-minded political donors and George Soros’s lacrosse camp.
The last year has been a very busy one on the political and philanthropic front for George Soros. In late 2016, he was among those who strongly spoke against the possible election of Donald Trump as president. As a result, he donated about $25 million to various Democratic Party candidates with the aim of frustrating Trump’s ambitions. Additionally, shaken by the rise of anti-immigrant and anti-refugee hysteria in both the United States and Europe, and at one time having been a refugee, Soros committed $500 million to go towards various immigrant and refugee empowerment programs all around the world. Additionally, he has also put some $10 million towards fighting the rising cases of hate crimes in America over the last year and Follow him at Twitter.com.