The Positive Impact of the George Soros’ giving to the World

George Soros is a billionaire who is greatly acknowledged across the globe due to his willingness to support charitable programs. The total amount of money that he has donated so far is more than 2 billion. The generosity of the billionaire is channeled towards supporting the undertakings of foundations and persons who have committed themselves to fighting for transparency in governments, justice, equality, and freedom of speech. He has also offered support to discriminated individuals such as sex workers, drugs addicts, and gay people.

George Soros was motivated to be a philanthropist by the oppression that he suffered in his homeland, Hungary. When he was growing up, there was great competition for resources in the country, and this motivated the formation of the Nazi Occupation that lasted from 1944 to 1945. The movement was deadly, and its aim was to eliminate all the Hungary-based Jews. More than 500,000 people of the Jewish community were massacred during the operation. George and other Jews struggled to stay alive, and they were forced to make fake identities, which indicated that they were native Hungarians. Know more on CNBC about George Soros.

The businessman lived in Hungary until 1947, when he moved to London. He was admitted at the London School of Economics where he majored in finance and graduated with the highest honors. Soros had to work as a bartender in a nightclub and a railway station attendant to raise money to sustain himself and his education. After a few years, Soros relocated to New York, and he has since been thriving in the finance and investments industry. The billionaire has made most of his money through Soros Fund Management, which is a hedge fund enterprise that he established in 1970. The company currently generates billions of dollars every year.

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Soros has been giving back to communities through the Open Society Foundation. He is the proprietor of the organization, and it currently runs several charity programs in over 100 nations across the planet. All the activities that are conducted by the foundations reflect his ideologies. He believes that societies need to establish democratic governments, respect the rights of every person, and have freedom of speech for them to prosper.

The billionaire has so far been involved in several charity undertakings. His first significant donation was in 1979 when he sponsored black South Africans to get a decent education as a way of empowering them to fight the apartheid rule. Soros has also supported thousands of bright students from low-income backgrounds by paying for their university education. Besides the funding that he offers to the Open Society Foundation, George Soros has been a benefactor to the International Crisis Group, the European Council on Foreign Relations, and many other organizations that have impacted communities positively. Read more on