George Soros Social Economic and Political Contributions to Society

George Soros is a well-known philanthropist and one of the wealthiest people in the US. He was born in 1930 in Hungary. He later fled and worked his way up until he joined the London School of Economics. George worked in a merchant bank for a while before moving to New York where he started his hedge fund. He made history by shortening the British pound and making a lump sum profit. Mr. Soros is the founder of open society foundation, which is a charity organization that supports human rights and democracy. Over the years, he has given out up to $12 billion with his funding dedicated to supporting organizations and individuals. Read his profile at Business Insider.

His generous nature comes from his experience. He grew up during the Nazi occupation period where over half a million Hungarian Jews were murdered. His family survived by acquiring false identity papers and by helping other families do the same. While consolidation of power in Hungary continued, Soros managed to leave Budapest and settle in London then later the United States. Soros has widely talked about what it took for him to get to where is in his book and website.

Soros officially started giving back in 1979 by giving scholarships to black South Africans who were under the apartheid regime. During the 80s, he promoted the open exchange of ideas by offering photocopiers, which were used to reprint banned texts. When the Berlin Wall fell, he started the Central European University to act as a place that fostered critical thinking. He moved his philanthropy to the United States, Asia, and Africa supporting as many human rights and democratic societies as possible.

George Soros is responsible for funding the Ferguson protest movement. So far he has given at least $33 million in a year to offer support to groups that work with the activists in Ferguson. The financial contribution from Soros to the activist groups led to the protest movement that changed a criminal event in Missouri to a national cause. The Open society Foundation believes in having people participate in government. Therefore the foundation helps groups to combine research, policy, and data collection with community organizing as a way to make the society accountable.

Read more: http://www.politico.com/story/2016/07/george-soros-democratic-convention-226267

In 2004, the billionaire spent $27 million trying to defeat President George Bush, which led to him scaling back on political giving, and focus on the foundation.

Soros makes no secret of his disregard to President Donald Trump, and he donated $25 million to Hillary Clinton’s and other Democratic Party candidates and causes during the recent elections. He was meant to attend the Democratic convention where Hillary was accepting the Democratic presidential nomination but later canceled citing that he needed to monitor the economic situation in Europe. Despite the cancelation, Soros continued to be politically engaged and motivated because he cares about matters such as criminal justice reforms, immigration reforms, and religious tolerance.

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