The Open Society Foundations is a group seeking to enhance democracy all over the world. According to the group’s website, The Open Society Foundations has branches in over 120 countries. The group is involved in activities such as advocating for human rights and supporting the refugees, the less fortunate and LGBT society. George Soros, holding the chairman position of the group, started the organization over three decades ago. Mr. Soros is a highly respected and talented hedge fund manager as well as an entrepreneur. George is also a renowned philanthropist with affiliation to numerous charitable acts.
According to an article from Open Society Foundations, an official of the group stated that George plans to leave a considerable portion of his wealth to the organization. Laura Silber, a spokesperson, gave an estimation of the amount of money Open Society Foundations has spent since the 1980’s to be close to $14 billion. Currently the organization is worth $18 billion all thanks to George Soros, which is way more than the value of Ford Foundation. The group is second in place in the United States. George Soros’ donation of $18 billion marked one of the most massive wealth transfer ever done by a single individual to only one foundation. Visit this site to know more at opensocietyfoundations.org.
Open Society is well-known in the United States for being associated with several programs such as the ones advocating for gay and lesbian rights and fighting to reduce police brutality. The foundation has also funded a humanitarian cause during the Ebola outbreak in 2014. George Soros fights to reduce discrimination of any kind and promote democracy on a global scale. Soros’ actions are inspired by his childhood that is; growing up in a Jewish family during the Nazi era. George is initially from Hungary, a region in Budapest. He survived the harsh period and later moved to England in 1947.
Once in England, George joined the London School of Economics. He worked two occupations while still in school, as a waiter as well as a railway porter. In 1951 George completed his undergraduate level with a Bachelor of Science in philosophy. George Soros progressed with his education, and in 1954 he earned a Master of Science in philosophy. After acquiring his degree, George tried to look for a good job, but it was difficult. Eventually, he decided to work for a wholesaler as a traveling salesman. Fortunately, in 1954, George Soros’ career path began working at the Singer & Friedlander bank of London.
George Soros has worked for different financial institutions since then until he opened the Soros Fund Management in 1970. Soros is known for his capability to make massive profits from trading, acquiring earnings which are beyond imagination. In one of his famous trades, George made a profit of $ 1 billion that left the Bank of England broke. He also made a similar trade and broke the Asian monetary system as well. The man is gifted with the ability to spot huge investments. George is also into politics supporting Democrats such as Hilary Clinton. He also funded campaigns against George Bush’s re-election and Donald Trump’s election. Read more on Fox News about George Soros.