Many people know George Soros for his investment strategies and analysis. He is one of the most successful businesspeople in the world, with a net worth valued at billions of dollars. The Hungarian-born entrepreneur is the chairperson of the Open Society Foundations. He’s also the chairman of the Soros Fund Management.
George Soros’ contribution towards political causes
A recent article on the Business Insider termed Soros as a target of the right. The post explained the perception of the right-leaning and the left-leaning politicians. The leftist see him as a rich person who supports various liberal causes. The right wing has some conspiracies about Soros that aren’t backed by any solid piece of evidence. Many people, however, consider George Soros as an idealist who pushes for change in different aspects of society.
The 86-year old billionaire funds various Democrat causes because he believes that it’s not different from other billionaires who donate to Republican causes. According to Prof. Timothy Melley of the Miami University, the richest Americans are politically conservative. This is one of the reasons why business people like Mr. Soros, provide funds to support political rallies, campaigns, and PACs.
Through the Open Society Foundation, George Soros can pursue social justice. A report posted on the foundation’s site shows that Soros has offered over $1.5 billion to help in democratic development in Europe. Additionally, the foundation spent almost $2 billion on democratic reforms such as immigration rights, democratic governance, and criminal justice. Learn more about George at Biography.
The philanthropic works of George Soros
Soros is a generous giver. He has donated more than $12 billion to date. Beneficiaries of his donations use the funds to fight for social justice, transparency, equality and accountability. George Soros supports groups and people facing discrimination for who they are. Over the years, he has offered financial assistance to marginalized groups such as LGBTQ people, drug users, and social workers. He helps them voice their opinions without fear. Soros supports such organizations because he was once a victim of racial discrimination. He believes that it’s not only wicked but also a crime to mistreat an individual because of his/her identity. Learn more about his profile at Forbes.com.
George Soros had to flee Germany when he was a child because Nazis were persecuting Jews. His Jewish family used fake identification documents to survive the Nazi occupation. George’s father changed the family name from Schwartz to Soros to conceal his background. Although this seemed like the worst time in history, Mr. Soros believes that the occupation made him stronger. He survived the persecution and helped other people to resist an evil force. Soros’ philanthropic works date back to 1979 when he offered scholarships to South African students during the apartheid era. In the 1980s, George Soros provided photocopiers to the Communist Easter Bloc to help promote the exchange of idea through reprint text.