George Soros Claims the Top position among Private Philanthropists

The success of George Soros in hedge fund management coupled with his childhood experience has transformed him into a philanthropist of all-time. Forbes describes him as a heavyweight investor who is committed to liberal causes. Soros uses his group of Open Society Foundations to actualize his charity agenda.Recently, the NY Times reported that Soros donated $18 billion to Open Society Foundations, making him a historic donor who has given the highest amount of donation to support philanthropy activities. The open society has been in existence for over three decades. The organization operates in over 120 nations across the globe where it agitates for human rights and democracy. Though information about Soros’s donation got into the public domain recently, it is believed that the contribution was made many years ago. After receiving this generous gift, the Open Society climbed the ladder to become second in the list of philanthropic organizations in the USA. Bill and Melinda Gates Foundation ranks as the biggest charity organization in the country.

The Open Society has continued to step up activities that are geared towards attaining its goal of strengthening democracy and reducing the abuse of human rights. In the United States, the organization has directed its energy towards the protection of gay and lesbians who have been suffering police brutality for a long time.Soros’s organization has also been widely involved in charity programs outside the US. Notably, the open society was among the first stakeholders that come out to battle the outbreak of Ebola in 2014. The 2016 election of the United States sparked a wave of hate attacks; this attracted the attention of George Soros, who committed over $10 million towards mitigating the spate of hate attack incidents. This noble cause played a key role in protecting United States citizens from politically motivated violence. Needy students and the center for Roma art and culture are also among the beneficiaries of George Soros’s charity donations.

According to the Open Society Foundations, George Soros’ charity gestures are deeply rooted in his history. Soros was born in 1930, Hungary. His childhood years coincided with the time when his home country was experiencing Nazi occupation, one of the deadliest human rights abuse that resulted in the killing of 500,000 Hungarian Jews. George Soros, his family members and other citizens narrowly escaped the onslaught by faking their identities. George Soros moved from Budapest to London in 1947, a time when the communists were struggling to bring normalcy in Hungary. In his new location, he enrolled for further studies at the London School of Business. After staying in London for nearly a decade, Soros migrated to the United States where he established Soros Fund Management; a hedge fund that has evolved to give Soros his present popularity in philanthropy and entrepreneurship circles.Soros started his philanthropy works in 1979 by sponsoring the education of black students in South Africa. Over the years, he has endured all hurdles including sharp criticism from various corners to become a seasoned philanthropist who is highly respected across the globe for his role in championing for human rights and democracy.

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