George Soros Life, Philanthropy, and Politics

Overview

George Soros is one of the richest persons in the world. He was born in Budapest, Hungary in 1930. He attended London School of Economics and graduated. After college, George had to migrate to the United States for a Job on Wall Street. His plans were successful, and he had a chance to bring his parents to the country. George had an interest in financial markets; he made some investments which turned out to be successful. Today George is ranked by Forbes Magazine as one of the world’s richest men at http://time.com/4581137/george-soros-donald-trump-hate-crime-minorities-election/. In fact, he was ranked 35th in the year 2010.

George Soros is also involved in other activities other than Business. He has been participating in charity and politics. He has a great interest in supporting refugees on Forbes; he once lived in a country infested by Nazis, and he had to seek peace by running the country. It seems that he understands much about poverty and refugees and this has contributed much to his involvement in these fields.

The Open Society Foundation

In the year 1993, George Soros founded Open Society Foundation. The organization borrows its name from Karl Popper’s book written in 1945. The book was titled Open Society and Its Enemies. The organization concentrates on charity by supporting refugees and civil society groups globally. The primary goal of the organization is to improve Justice, Education System, Media Independence and Public Health. So far, the organization is present in over 37 countries across the world.

Charity

Since the Open Society Foundation inception, it has spent over $11 billion in its activities. It has been expanding and reaching more people daily. In the year 2013, it was ranked second in the United States of the organization with highest charity budget on Opensocietyfoundations.org. It had spent over $873 million; it preceded Bill and Melinda Gates Foundation which had a charity budget of $3.9billion. The organization aims to reach more countries and serve more people across the world.

Refugees

George Soros also has a keen interest in supporting refugees to succeed in business. On September 2016, he made it clear that Open Society Foundation was planning to allocate $500 million in support of refugee startups. Refugees residing in Europe region were expected to benefit from the funds. He wanted to raise chances of these startups succeeding in their industry. He was once an Immigrant startup, and he understands all the struggles people face to succeed in business in foreign countries.

Politics

George Soros involvement in politics started in the year 2004. He was the leading campaign funder for John Kerry. After Kerry had failed to get the President seat, George was disappointed and never wished to get involved in politics in the future. It was until 2016 when he decided to back Hillary Clinton. He was still the leading funder for Clinton’s campaign. Although Hilary didn’t manage to secure the presidency seat, without George’s support, her campaigns wouldn’t have been successful. George can be termed as one of the most successful people in the world today, born poor in a Nazi-infested country and still managed to appear on Forbes list as one of the richest individuals in the world.

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