George Soros is a successful author, investor and a business mogul, known for his big heart, and he is one of the world’s most generous philanthropists. The Budapest-born business mogul manages Soros Fund Management. He is also the founder and chairman of the Open Society Foundations. George has also worked for Quantum Fund as an advisor.
Soros began his career after graduating with both a bachelor and masters in philosophy from the London School of Economics. After working for various merchant banks in England, he launched Double Eagle, his first hedge fund in 1969. A year later, he founded Soros Fund Management using the profits from Double Eagle; a company that was performing exceedingly well then. George Soros then decided to rebrand his first hedge fund and call it Quantum Fund. He continued to make profits through managing his funds, and this led him to acquire a net worth of 25 billion US dollars by 2011.
This business savvy philanthropist is popular for his generous acts and contributions to the political and social scene. He donated over 23 billion dollars to tax groups in the United States. With an aim to strengthen the infrastructure and other constructive causes, he worked with other donors to found the Democratic Alliance. He also helped the underprivileged children in New York through the donation of 35 million dollars in 2009. Read his profile at Business Insider.
What’s more, he is recently known for his generous donation of 18 million to the Open Society Foundations. According to Wall Street Journal, his donation boosted the non-profit organization to become one of the largest in the world. Open Society Foundations assists democracies around the world and promotes justice, fairness and peace. The organization shuns, prejudice and discrimination through the help of other organizations it works with in the world. This not being his first donation to the organization, George Soros aided in furthering the foundation’s work around the globe.
According to Forbes, his generous donation will help the foundation provide humanitarian assistance to war torn nations in Asia. It will also aid in promoting justice and create human rights awareness in those states that believe such concepts will hinder political progress. His other donations have also been used to assist the marginalized groups around the world. These may be groups that are discriminated for their belief, or for simply who they are. Visit this site to know more at opensocietyfoundations.org.
George’s experience on the discrimination perpetuated by the Nazis in his home in Hungary had inspired his philanthropic act to diminish all forms of discrimination and injustice in the world. He believes that Open Society Foundations has the facilities and connections to promote his cause.