The Influence of George Soros

Billionaires often hold most of the power to change society. Unfortunately, most of them either abuse that power or don’t use it all. George Soros is one billionaire who’s been challenging that tradition for decades. In a recent NY Times article, his glorious history of philanthropic endeavors was discussed.

Over the past three decades, Mr. Soros’s been donating a tremendous amount of money to his organization, Open Society Foundations. The only billionaire with a larger organization is Bill Gates. Unlike Bill Gates, Soros’s advocacy led him into the middle of many heated social and political discussions.

According to The Wall Street Journal, over the past several years, he’s donated between $800 and $900 million a year. A few years, he began donating even more, eventually reaching a total of $18 billion. All of that money, donated to Open Society, has gone a long way to making the world a better place.

Unfortunately, recent events in America’s political environment left the U.S. in a place of darkness. Since the 2016 presidential election, there have been endless waves of hate and ignorance destroying American society. Currently, Open Society is focused on protecting as many people as possible and fighting the increasingly powerful hate.

In his own words, people have to start fighting back. Darkness is swiping across the nation, and it’s growing more powerful faster than good people can rise to fight it. These days, he places much of his faith in Democratic politicians; in particular, Hillary Clinton. His Democratic efforts haven’t gone unnoticed by anyone. In some cases, that’s a good thing. Eileen Heisman of the National Philanthropic Trust praises Soros for his willingness to stand up and fight. On the other hand, conservatives also took notice of Soros’s actions, and they’ve focused their efforts on destroying his reputation.

Because George Soros’s life and activities made such a splash in the media, everyone’s covering stories about him. JPost recently talked about what Soros calls the demonization of philanthropy. By that, he meant the extreme right’s attempt to belittle leftist social movements. They criticized Soros for supporting Black Lives matter, Antifa, and the Women’s March. He’s also been accused of hiring women to falsely accuse conservative candidates of sexual assault during elections. All of this stems from the 2016 election, in which Donald Trump randomly accused Democrats of anything and more

George Soros; The Most Prominent Humanitarian On Wall Street

George Soros has had a splendid career in the fields of philanthropy and investment. The 87-year-old billionaire is not stopping at anything until he achieves a more unified and democratic global economy. Much of George Soros’ principles and philosophies arise from his personal experiences. Growing up, George Soros experienced firsthand the negative effects of nationalism and war. He grew up knowing that it is to individuals to decide whether they want a better world or not. George Soros’ brilliance in the field of forex trading and financial investment came into play when he wagered a whopping $10 billion on a single speculative bet against the British pound. This gamble made him over $1 billion in a single night and another $2 billion over time. George Soros has made much of fortune through the management of his hedge fund, Soros Management Fund. His illustrious career stretches beyond speculative currency trading and hedge fund management. The billionaire is actively involved in philanthropy on a global scale. Through his organizations the Open Societies Foundations that have a presence in 39 nations across the globe, George Soros has carried out programs that seek to protect the fundamental rights of individuals and deal with issues such as climate change.

According to Forbes, George Soros fled his hometown in Hungary to evade the Nazi Occupation. He settled in England where he acquired knowledge in the field of Economics by joining the London School of Economics. When Soros left London, he moved to the United States and began his career in entrepreneurship. By the year 1979, George Soros had made enough fortune on Wall Street, and he decided to relinquish his position at the hedge fund management company he created. Soros chose to shift his focus to Philanthropy by establishing the Open Society Foundations.

At the moment Soros is actively involved with the American politics. He is on record to have given out significant sums of money to various campaign teams of political candidates in the Democratic Party. During the 2004 general election, George Soros contributed over $24 million towards John Kerry’s bid for the presidency. Soros made a comeback into the mainstream politics in 2016 by funding the campaign team of Hillary Clinton. Other small organizations like Immigrant Voters Win and voter mobilizations groups have also benefited from the businessman’s generosity.

George Soros’ foundations had up to date received over $13 billion and channeled the resources towards the improvement of healthcare and education, human rights protection and promotion of democracy across the globe. Of keen interest to the Open Society Foundations is the mitigation of the effects of global warming and climate change to various sectors of the economy. George Soros believes that his fortune gives him the means to change the ills that plague the society.