How Communities have benefited from George Soros’ Philanthropy

George Soros is one of the world’s most generous people. He is also a wealthy individual and has made a lot of money from currency speculation and investing in the hedge fund industry. Soros was born to a middle-income family and is currently one of the richest people in the United States. He has been taking part charity work from the mid-1970s and has given more than $2 billion. Most of the money that the billionaire donates is committed to supporting transparency in governments, equality, freedom of speech and justice. George has been conducting most of his charity work through the Open Society Foundation. He believes in assisting people who have been discriminated their communities.

Soros’ family was among the Jews who suffered the adverse effects of the Second World War. In the 1940s the Hungarian Jews were highly discriminated since there was a high competition for resources in the country. The natives of the country wanted to get rid of the Jews, and therefore, they began the Nazi Occupation, which is a movement that killed over 500,000 people. The war between the two communities lasted as from 1944 to 1945. George and his family survived the war by making fake identities, which indicated that they were Hungarians. Learn more on Biography about George

The philanthropist lived in Hungary until 1947 when he went to the United Kingdom to continue his education. He is an alumnus of the London School of Economic where he specialized in finance. Soros had to raise the money for his tuition and upkeep by working at a nightclub and a train station. After graduating from college, he flew to the United States to seek for greener pastures. He was offered a job at a New York-based finance company, and he made a lot of money serving it. George later decided to work for himself and created Soros Fund Management, which is a company that deals with hedge funds and is worth billions of dollars.

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George has had a positive impact on communities since the founding of the Open Society Foundation about four decades ago. The organization has assisted him in implementing many ideologies that he believes in. The Open Society Foundation is currently active in more than 100 countries including Hungary. It has been working to ensure that governments do not oppress their citizens.

Soros has also been donating to support the undertakings of the other organizations that aim at improving lives. One of the beneficiaries of his charity work is the International Crisis Group. He has also committed himself to supporting youth from low-income backgrounds by paying for their education. George Soros believes in the policies of the Democratic Party and gave millions of dollars to facilitate the campaigns of Hillary Clinton and President Obama. Learn more on discoverthenetworks.org about George Soros.

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