George Soros and Philanthropic Deeds

George Soros is a Hungarian born in New York and a graduate from the London School of Economics. He is a billionaire investor who has worked in several institutions like the Merchant Bank and the Wall Street. He later founded his Hedge Fund now known as Quantum Fund in the year 1969 that cost him $12 million. According to Forbes, the Quantum Fund is approximated to have grown to $ 381 million in the 1980s. In 1992; he made some profits and became a man who broke the bank. From this he owns several funds like the Soros Fund Management which he partnered with his partner Jim Rogers form Bleichroeder.

Soros is one of the most politically powerful people around the world. From the 1980s, he has used his influence in the business world to reconfigure the political arena in many countries. At times, he is involved in key roles in some regimes and he holds the government for years. His presence has a direct effect on the politics and culture of a country.

His involvement in politics is seen in occasions like when he spent about 27,million $ in order to defeat George Bush in the year 2004.According to the Federal Election Commission records, recently, he has participated in the funding of the Democratic Politics in the USA. He donated more than 25 million dollars to the Hillary Clinton campaign and other democratic candidates.

He owns several funds which supports people and organizations like the International Crisis Group to fight for their freedom of expression and have a government that is accountable. His organizations also promote justice and equality. The philanthropic actions are on the discriminated people in the society such as the drug users, sex workers, the LGBT and the unlawfully held people. Soros began his philanthropic deeds after giving scholarships to the black South Africans during the apartheid regime.

Over the years, George Soros has established various foundations across European and Asia. His wealth has been utilized to make the world a better place. Initially, he realized that money makes the world go round and it’s after acquiring the wealth he started being philanthropic. Through this he has enjoyed being an important figure in the society where even the most influential people and major politicians are interested in seeing him. Visit Project Syndicate to learn more about George.

According to Forbes, after launching the Soros Fund Management, he became the most successful investor in the United States’ history. From his fortune, he has created the Open Society Foundation that is a network of foundations, projects which is in over 100 countries in the world.

According to Walls Street reports, he played a major role in supporting women in their march in Washington. He funded this march in 2017 that was against policies of the newly elected president Donald Trump. Moreover, in 2015, his organizations were actively involved in supporting the immigrants from Middle East.

Learn more on discoverthenetworks.org about George Soros.

1 thought on “George Soros and Philanthropic Deeds”

  1. He is one of the world’s known philanthropists having donated more than $12 billion. His major emphasis even at his old age is the importance of handling the causes of loses. It is very good that to write essay online there are things in which they should examine and make it look the way they have done somethings which might not be easy.

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