George Soros Donating Over 80 Percent of His Wealth Towards Philanthropy

In the United States, many powerful political personalities have shaped not only the United States but world’s political landscape as well. However, there is one name that needs special mention in this case, which is of George Soros. He is amongst the wealthiest political contributors in the United States and well-known Democrat supporters for a long time. Over the past couple of decades, George Soros has spent millions in backing the Democrat leaders, including Hillary Clinton in the last Presidential Election Campaign. In the financial circle, George Soros is a well-known personality, and he has amassed massive wealth through his hedge funding company named Soros Fund Management.

George Soros spent his early childhood in his native country Hungary, but after the occupation of Nazis, George Soros and his family had to flee to England to escape the Hungarian Holocaust, which cost lives of over 500,000 Hungarians. George Soros witnessed the holocaust from close quarters and over the next few years saw the World Wars as well. It is what has gifted him a keen understanding of how the political landscape should be structured for a peaceful and a united world. George Soros studied Economics after fleeing to London at the London School of Economics. However, while in London, George Soros always dreamt of coming to New York to try his luck and expertise in finance at the world’s biggest financial district, the Wall Street.

After working for a couple of merchant banks in New York, George Soros started Quantum Fund, which continues to be one of the most profitable funds to date. His company, Soros Fund Management, is one of the most successful hedge funding firms of all times and is trusted blindly by its investors. George Soros is also one of the most prominent philanthropists on the planet right now, and he recently announced a transfer of $18 billion to the charity foundation he started, Open Society Foundation. It is a foundation that collaborates with hundreds of other charity organizations from across the globe, and the funds received from George Soros has undoubtedly made Open Society Foundations one of the wealthiest foundations on the planet right now. As the per figures, it makes Open Society Foundation second biggest after the Bill and Melinda Gates Foundation.

George Soros has funded many charitable initiatives over the years and has worked relentlessly for the rights of the marginalized section of the society. George Soros makes it a point to channel his funds to the politicians who are working for the benefit of the refugees, immigrants, and other people who are taken as the outsiders in the United States. As per the reports, George Soros is the man behind the campaign that became hugely popular across the United States, Black Lives Matter. George Soros feel that the government can do much more to help the minorities in the country, but lacks the will to do so. He is also afraid of the fact that Donald Trump’s organization plans to repeal many of the bills and acts that were passed by the earlier administration to create a fair and just society.

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