When one thinks of philanthropy, the name George Soros immediately comes to mind. The Hungarian-born American has been fortunate to amass a considerable fortune over his lifetime, a significant portion of which he has in turn put towards helping populations facing discrimination. Unfortunately, while Mr. Soros has helped millions all across the world access rights and freedoms they previously lacked, he is still vilified by a section of the political divide in America for his philanthropy.
Mr. Soros’s intense passion for advancing democracy stems from his early childhood experiences in Hungary that were hugely marked by intolerance. He was still a child when the Nazi-occupied his home country and massacred more than half-a-million Hungarian Jews during the Second World War. While he was among the lucky few that survived the occupation, the experience planted a seed in him to forever resist evil.
After the end of the Second World War, Mr. Soros moved to London, then to the United States close to a decade later. In the U.S., 14-years of experience in finance provided Mr. Soros with the platform to form his hedge fund, Soros Fund Management in 1970. It is on the backdrop of this hedge fund’s success that he would create the Open Society Foundations.
The most significant contribution yet Mr. Soros has made to the Open Societies Foundation was an $18 billion transfer announced in 2017. Combined with his other contributions over the last three decades, the donation brings his lifetime giving to over $30 billion. The money he has provided through the Open Society Foundations (OSF) over the years has been used in fighting for democracy and equality in more than 100 countries. George Soros established the Open Societies Foundation in 1993. Although OSF was established in Hungary, it is based in New York. Mr. Soros settled on the name “the Open Societies Foundation” because of “The Open Society and its Enemies,” a book authored by Karl Popper in 1945. With President Trump assuming office in 2016, the society emphasized that it had found a new sense of urgency, and George Soros’s lacrosse camp.
Despite facing constant antagonism from the far right, Mr. Soros has consistently shown commitment towards advancing his philanthropic cause. Various conspiracies on the true intentions of his considerable philanthropic contributions have created a false perception of Mr. Soros as a bogeyman among rightists. He, however, remains motivated by his early-childhood experiences to ensure that no else experiences intolerance even if it means that he will constantly be demonized, and http://www.newsweek.com/tax-cuts-billionaires-republicans-congress-709339.