George Soros: Business Mogul and World’s Foremost Philanthropist

George Soros began life as an average child in Hungary. He went on to become a vastly wealthy businessman and is said to have “broke the Bank of England”. Not only is Soros a very intelligent investor and business magnate, he is actively involved in many philanthropic endeavors.

As a child, George Soros narrowly escaped a horrific fate. He saw firsthand the awful effects of prejudice while living in Hungary during the era of the Nazis. Soros managed to flee from Hungary. He worked hard to support himself through schooling at the London School of Economics. He took jobs as a railway porter and a waiter. After graduating, he made his way to Wall Street. In 1969, George Soros established his own hedge fund with a whopping $12 million. Since then, he has gone nowhere but up. The Soros Fund Management is worth about $30 billion. Read more on NYTimes.com.

As much as his money puts him above issues facing average people today, he has given over $12 billion to political and social charities and people looking to change the world. He contributed $25 million to Hillary Clinton’s presidential campaign because of her stances on religious tolerance, immigration reform, and criminal justice reform. He is a very outspoken critic of Donald Trump, even accused him of playing on the fears of others and “doing the work of Isis”.

George Soros has put an enormous amount of resources into upholding democratic ideals. He donates to causes that fight for freedom of expression, transparency, government accountability, and equality. He often focuses on groups that face discrimination. He has supported groups representing Europe‚Äôs Roma people, drug users, sex workers, and LGBTI people. Also, George Soros has given impressive donations to the International Crisis Group and UNICEF of $5 million each. In 2016, he donated $4 million to the University of Connecticut’s Human Rights Institute.

One of Soros’ biggest contributions has been to the Millennium Promise and Millennium Villages Project. To date he has donated over $75 million. The project is helping to end extreme poverty in Africa through education, access to health care, business development tools, food, water, and energy.

Soros founded the Open Society Foundations which has connections to over 100 countries and strives to create a world where everyone has equal chances to make something of themselves.

Read more on Snopes about George Soros.

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