George Soros Donates $32 Billion Towards Open Society Foundation

George Soros is one of the most well-known philanthropists in the world, who has donated billions of dollars in efforts to improve the conditions of people all over the world. A hedge fund investor by profession, George Soros made a name for himself by investing in a number of risky currency trades when he started out in the financial field. Today, he is one of the richest hedge fund investors in the entire world and uses the money that he earns to do good in society.

One of the organizations that Soros is known for supporting is the Open Society Foundation. The organization was founded by Soros himself and was formed to be able to support political parties in the establishment of democracies that are working towards the aid of the people. Today, the organization is functional in over a hundred countries all over the world. George Soros has donated a total of $32 billion towards the organization and its efforts.

The reason Soros is so focused on improving political systems across the world is that of the experience that he had growing up. When he was younger, Soros lived in Budapest, which at the time was under the control of the Nazi party. Being a jew, he and his family had faced a lot of oppression and discrimination. He also witnesses the society crumble around him, with countless people dying every day at the hands of the party. His family managed to escape the concentration camps by forging papers, thereby sealing their identity. They did this for countless other Jewish families, thereby helping them escape the clutches of the Nazi Party. Seeing this, Soros decided that when he got older, he would work hard to ensure that no one has to go through this kind of a situation ever again. But he knew that the world revolves around money, and he would need to make a lot of it to be able to make even a small difference, which is why he choose the field of finance to help him reach his goal.

He has also played a significant role in shaping the political situations in the United States. He is an active supporter of the democratic party and has openly stated on multiple occasions that they are the better party to lead the country. In 2004, Soros donated a total of $25 million towards the party so that they could have the resources to win against President Bush. After the loss, Soros decided that he would take a break from the American political scene, but came back once again to help the party, this time, against President Trump. Even though the democratic party once again was not able to win, Soros decided that he would make active efforts to improve the drawbacks that the country is currently facing.

Soros has also donated millions to numerous other charities that are dedicated to helping people with a number of social issues. Most recently, Soros established an organization that helped rehabilitate people that were escaping war-torn countries and starting up their lives afresh in Europe.

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