About George Soros
George Soros is a Hungarian-American business magnate. He is one of the richest investors in the world. He is estimated to be worth $25.2 billion.
History and Philanthropy
Soros philanthropic work is outstanding. He has made remarkable contributions to education, humanitarian, and governance through the Open Society Foundations and Soros Fund Management.
In the 1970s, Soros started his focus in education in South Africa. He provided the funds for the black Africans at the University of Cape Town. He also played a pivotal role in the establishment of the Central European University in Budapest; he contributed $880 million to its endowment and served as its chairman until 2007.
Additionally, Soros has donated a lot of money to institutions in the former USSR. It is estimated that he has spent over $100 million in enhancing higher learning in the region.
Soros has contributed to the improvement of the social welfare of individuals affected by war in different regions such as the former Yugoslavia. He has also championed against religious discrimination, international justice, security, and counterterrorism. This has been done through offering a total of $10 million to UNICEF and the International Crisis Group. His resolve to champion for human rights led to his recent contribution of $4 million to the Human Rights Institute of the University of Connecticut. Know more on businessinsider.com about George Soros.
Soros’ tremendous contribution to the growth of the worldwide democratic space cannot be overemphasized. He played a crucial role in easing the accessibility to information in Hungary; he distributed reading materials to universities, libraries, and social groups. He aimed at weakening authoritative leadership through the free flow of information. Additionally, Soros has supported political organizations such as the American Bridge and MoveOn.org
The Ferguson Protests
George Soros is at the center of the Ferguson Protests. According to interviews reviewed by The Washington Times, he donated approximately $33 million to support the civil activists, such as the Gamaliel Foundation, in Ferguson. He used his not-for-profit organization Open Society Foundation. The foundation propagated social justice among all the people. It worked with various organizations with a similar agenda. Its activities climaxed after Trayvon Martin was killed in Florida. The murder led to the development of the “Black Lives Matters” movement in the social media. The movement has been heavily funded by Soros.
Additionally, Soros donated $100000 to Ms. Tometi who led the Black Alliance for Just Immigration in 2011. His urge to ensure that all the individual are respected saw him spend a lot of resources to protest against unfair treatment of the minority. Read his profile at Forbes.
George’s Re-Emergence to Political Philanthropy
After a relatively long period of being away from political financial philanthropy, George Soros re-emerged as the major financier of the Democratic Party politics. An article published at the Politico indicated that he spent an estimated $25 million to finance the Hilary Clinton’s campaigns. He funded the Priorities USA Action, Immigrant Voters Win, and American Bridge 21st Century activities. He hoped to achieve maximum voter turnout to defeat Donald Trump.