Philanthropists usually thrive to make the world a better and equal place to live in for all and especially the less fortunate in the society by giving away charity. One such person is George Soros and he is one of the most renowned philanthropists and has given away most of his wealth towards his charitable organization, a very commendable act. His giving often focuses on those who face discrimination for simply being unable in the society.
George Soros was born in a Jewish family in Budapest and he was brought up from humble beginnings. He luckily survived the Nazi occupation if Hungary during the world war II. He then migrated to England in the year 1947 and attended the London School of Economics. In the year 1956, he crossed the Atlantic and relocated to NYC where he got to work as an arbitrage trader to an analyst and then finally to a vice president as well as a investment manager.
His $18,000,000,000 Donation
George Soros currently commands one of the greatest charitable donations in the US after he gave away $18 billion from his own wealth into his Open Society Organization. This philanthropic Firm was started in the year 1979. It mainly gave education scholarships to black South Africans especially during the apartheid times. On Forbes Magazine, he is ranked twentieth richest person and various sources close to the Soros Foundation disclosed that George has been transferring most of his wealth to his charitable foundation.He has made major contributions towards the transformation of the society and his organization has essentially been ranked as the second largest charitable organizations. Mr. Soros’ foundation also promotes the protection of human and democratic rights of humans in many countries around the globe. There is simply none other foundation around the globe that has over the years created such a huge impact around the globe such as that of George Soros.
He is simply gifted with a heart of giving away for the help of others in the society. His organization has also been in most parts of the globe in a bid to transform lives. The organization on a rough estimate spends about $9oo million on grants and programs which is actually more than is legally required.Also, the Millennium Promise and Villages project received about $75 million from George Soros. This project’s sole aim is to help bring to an end the extreme poverty throughout African continent via holistic approaches such as education, easy access to health services food, water and other basic needs. His contributions are mainly seen at work via his foundations that also work to fight disability rights, LGBT, women’s rights and UNICEF.George Soros philanthropic acts have exceeded that of anyone on this planet making major contributions to education, health and humanitarian efforts to the less fortunate in the society. Much of his funding is majorly done through the Open Society’s offices and according to Forbes magazine, his net worth is $23 billion hence this indicates that the $18 billion he has donated translates to about 80 percent of his net worth.