George Soros is one of the most respected and prominent philanthropists, having donated more than $12 billion to date. His donations support both communities and individuals all over the world. George is involved in advocating for accountability, transparency, freedom of expression as well as justice and equality. Most of his donations benefit those being discriminated purposely because of who they are. For instance, Mr. Soros has funded organizations speaking for Europe’s Roma people, drug addicts, those engaging in prostitution and LGBTI people. George Soros’ goal is have a society where individuals are not discriminated either by the authority or communities where they live. Read his profile at Business Insider.
George Soros Early Life
Born in 1930, George spent his early life in Hungary and he experienced intolerance firsthand during the Nazi occupation between 1944 and 1945, where more than half a million Hungarian Jews were murdered. His Jewish parents concealed their identity by securing false documents in order to survive. After the war was over, Mr. Soros moved to London in 1947 and was forced to work on part-time basis to pay for his education at London School of Economics. In 1956, he moved to the U.S., where he has made his name and fortune in the investment and finance industry.
George’s First Hedge Fund
After moving to the United States, Soros began working at F.M. Mayer, a Wall Street Brokerage firm. Later he worked a few other firms before starting his own hedge fund, Soros Fund Management in 1970. Soros would later be recognized as a very successful investor in the U.S. He used his earnings to form the Open Society Foundation, a network of organizations, partners and projects operating in 100 plus countries. The name and work of the foundation is a reflection of George’s previous encounter with Karl Popper’s philosophy on his book Open Society and Its Enemies, during his time in London.
Start of His Philanthropy
George Soros began philanthropic activities in 1979 by providing scholarships to native South Africans to study abroad during the apartheid rule. He created Central European University as a place to nurture critical thinking, after Berlin Wall fell. George also funded a cultural center that promoted interaction between Eastern European countries and the West. After the end f Cold War, Mr. Soros expanded his philanthropic activities to Africa, Asia and the United States. Learn more about his profile at washingtontimes.com.
Using Open Society Foundation, George supported activities that led to more transparent, accountable and democratic societies. For many years now, Soros has supported many attorneys and paralegals representing illegally detained individuals to secure their freedoms. He has also provided university scholarships to many students from marginalized communities. George has also partnered with other organizations such as International Crisis Group, Global Witness and others to reach out more needy communities around the world.