History And Philanthropic Activities Of George Soros

George Soros has the nineteenth spot on Forbes’s list of wealthiest people in America with a net worth of more than twenty-five billion dollars. He is a graduate of London School of Economics and lives in Katonah, New York. George Soros plans to invest five-hundred million dollars in different companies that immigrants and refugees arriving in Europe would found. Super PAC received three million dollars from him. The group wants to reorganize Hispanic voters. The Hungarian-born financial tycoon suffered during his early life due to Nazi occupation in his country. He fled to the UK and studied at London School of Economics. Later, he moved to the US and joined Wall Street. In 1969, George Soros established a hedge fund with twelve million dollars. Later on, it was renamed as Quantum Fund. Assets of the Soros Fund Management worth thirty billion dollars.

The philanthropic activities of George Soros began in 1979. He founded Open Society Foundation in Hungary in 1984. The aim was to build a tolerant and vibrant democracy where the government is answerable to the people of Hungary. In 1987, he opened the foundation’s office in Moscow and funded huge amounts of money to causes and groups on project-syndicate.org. Between 1987 and 1992, his spending rose from three million dollars to three-hundred million dollars. In this period of five years, Soros established various foundations in Central Asia and Eastern Europe. Due to his huge wealth, many political figures were interested in meeting him. Open Society Foundations of George Soros are not operating in more than seventy countries. He founded the Open Society Institute in 1993. Although Open Society Foundations are working around the world, most of the capital is injected into causes and groups inside America. George Soros has authored a book named Open Society: Reforming Global Capitalism on Investopedia. He explained the meaning of “open society” in his book which is a social responsibility, social justice, human rights, the rule of law, democracy, and freedom.

Aryeh Neier is the President of Open Society Foundations and Soros Foundation Network. Soros has given him the task to articulate foundations’ agenda everywhere. Neier is the same guy who created SDS (Students for a Democratic Society) in the 1960s. It was the biggest and most influential radical group of that era. SDS wanted to overthrow democratic institutions of America, and wanted to start a Marxist government on Forbes. American Civil Liberties Union and Human Rights Watch are promoting Soros’s contentions for a long time. ACLU was against the security measures taken by the US government after 9/11. The Union considered them invasive and too harsh, especially against Muslims. ACLU was also involved in many lawsuits against the US Government to apprehend, monitor, locate terrorists. George Soros awarded almost nine million dollars to the ACLU in the form of grants.