George Soros’ $18 Billion Donation to the Open Society Foundation

A lot can be said about the life of George Soros. He has been in the works of philanthropy for a long time. He draws attraction as well as condemnation from various sectors. Many people in politics and financial markets consider him as a boogey man who uses any means possible to earn his way in the market. For the people who in the philanthropic world, they consider him as a soft and a passionate man who does not want to see anyone in the world suffer. His concerned about the welfare of every persons in the world. He hopes to see every person get access to their rights. He is determined to see a world where people are accorded their rights. Through a foundation he founded known as Open Society Foundation he has contributed positively to lives of the people in many areas of the world.

George Soros is celebrated in the world as one of the people who has contributed immensely towards philanthropic initiatives. In recent times, he has been in the spotlight for transferring $18 billion to the open society foundation. This is the organization that he founded so that he could make contributions to  society. This latest transfer is regarded as the biggest ever in the history of philanthropy in the country. This will make George Soros the highest private donor in the country. His foundation, Open Society Foundation is the second largest foundation in the United States after the Bill and Melinda Gates Foundation.

The recent transfer that he has made is expected to draw controversy from many quotas. His contributions in the recent political activities in the United States is expected to cause major twist in the political developments in the country. The philanthropic work that he has been contributing to through the Open Society Foundation is not the only works that he is engaged in. He has been a great donor towards political activities in the United States. George Soros was top donor for the Clinton Campaigns. He has also supported many initiatives that were supposed to block the candidature of Donald Trump in the country. He contributed millions of dollars to initiatives PAC in a bid to block the candidature of Donald Trump.

George Soros have been donating through the foundation for very long time. He has been making yearly donations to various groups that re concerned with philanthropy in the world. In recent years, he has been increasing his contributions through the foundation every year. The endowment fund now stands at $18 billion.

George Soros have generated a lot of controversy from the activities that he has been involved in. He is seen by many as a person who has the capability of influencing economy of the world. He has been considered by many as a person who uses his knowledge in financial sector to influence the direction of the world’s economy. George Soros is the founder of a hedge fund. He created the hedge fund in 1980s.

George Soros was born in Hungary. He has been in business and philanthropy work for long time. He saw the killings that were conducted by the Nazi regime.

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