Around the world, many countries may the prospect of an anti-democratic government. Now, one famous billionaire is donating a significant portion of his vast net worth to help ensure billions of people live in a democratic society. That billionaire, Geroge Soros, he donated an astounding $18 billion dollars to the Open Society Foundation. With outposts in over one hundred countries, the Open Society Foundation is one of the largest pro-democracy organizations in the world. Among the missions for the Open Society Foundation include fighting authoritarian regimes, helping to promote the rights of immigrants and refugees and finally, promoting human rights of all people.
Going one step further, George Soros has pledged most of his vast fortune to The Open Society Foundation in his will. The current $18 billion dollar donation is just the beginning of the support pledged by the legendary billionaire. With these funds, the Open Society Foundation will seek to fund all of their outposts and potentially help millions of people around the world. The donation to the Open Society Foundation exceeds the entire amount the organization has spent since the 1980s. In the past four decades, the Open Society Foundation has spent $14 billion dollars for pro-democracy causes. The Geroge Soros $18 billion dollar donation will most possibly transform the organization into a powerful global force.
With the $18 billion dollar donation to the Open Society Foundation, Mr. Soros has donated a total of $30 billion dollars to charitable causes in his lifetime. At 87 years of age, Mr. Soros is looking to ensure that his fortune goes to noble causes. And the Open Society Foundation is quite possibly the one organization that most closely mirrors the ideology of Mr. Soros.
Born in Budapest, Hungary in 1930, George Soros grew up in the shadow of the Nazi occupation and was forced to endure the hardship and horrors of the second world war. Mr. Soros emigrated to England right after the war in 1947. It was there that Mr. Soros was educated at the London School of Economics. Soon afterward, Mr. Soros began his career as a salesman and a wholesaler while waiting to gain acceptance for job in finance.
By the mid-1950s, Mr. Soros was employed in the business world. Geroge Soros worked at a string of finance jobs until he opened Soros Fund Management in 1970. During the next decade, Mr. Soros would make his first fortune on Wall Street. Afterward, he would accumulate one of the largest fortunes on the planet.
Today, Mr. Soros is working hard to deploy his money towards pro-democracy causes. As millions face the specter or authoritarian rule, the Open Society Foundation will help free these people with the help of Mr. Soro’s multibillion-dollar donation.
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