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George Soros is a famous hedge fund manager recognized for philanthropic initiatives all over the world. He has also played critical role of funding Democratic Party in the United States. Most recently, Soros donated $18 billion to Open Society Foundations, an organization he established in his Native country, Hungary back in 1984. This transfer is among the largest ever made to a single organization by a private donor as reported on New York Times. The report further indicates that Open Society is now the second largest philanthropic institution in the U.S.

About Open Society Foundations

The organization was founded by George Soros more than three decades ago. Open Society has presence in over 100 nations and its main areas of focus is human rights and democracy. In the United States, the organization has invested in programs that reduce police brutality and also protecting the rights of gays and lesbians. In 2014, Open Society played vital role of funding treatment centers during the outbreak of Ebola. Furthermore, after the 2016 in the U.S., the organization protected people against hate crimes that rocked some parts of the country. Mr. Soros personally pledged $10 million to prevent such incidents.Under the leadership of Mr. Soros, Open Society Foundations has helped several organizations and individuals in different parts of the world. They have focused on ensuring that governments are accountable, the freedom of expression is upheld, and that there is equality and justice in the society. The organization has also been sponsoring the education of thousands of young people by paying their school and college fees. These young people would have otherwise missed the opportunity to access the education because of lack of fees. Some of the groups that have been funded consistently by Open Society are Europe’s Roma people, sex workers, drug addicts and LGBTI people.

George Soros’ History

According to information found on Open Society Foundations website, George Soros was born in 1930 in Hungary. Between 1944 and 1945, Soros survived the Nazi occupation which resulted in the killing of more than half a million Hungarian Jews. He left Hungary in 1947 for the United Kingdom, where he worked at a night-club and also as a railway porter in order to fund his education at the London School of Economics. Mr. Soros moved to the United States in 1956 and ventured into finance and investment industries.In 1970, Soros Fund Management was launched. The hedge fund later became very successful, enabling Mr. Soros to make his fortune in the world of investment. He used his fortune to launch Open Society Foundations, a group of partners, foundations and projects present in many countries globally. He started by providing scholarships to South Africans students during the apartheid rule. Through his philanthropic initiatives, George Soros has funded organizations like the International Crisis Group, Institute for New Economic Thinking, Global Witness and others. He has taken keen interest in the work of Open Society Foundations. The aim of Mr. Soros is to fight and eradicate intractable problems facing the world today.

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