Billionaire’s Charity Battle – George Soros

When it comes to billionaires that are active in the world of charitable contributions, there are few as selfless George Soros. This Hungarian-American businessman has earned his fortune through investing over the last 50 years. One of the most famous endeavors of his includes a large shorting of the British pound that caused a temporary fall of the Bank of Britain.

George Soros, however, gets a lot of media attention for reasons other than his selflessness. Over the course of his career, he has donated multi-billion dollar sums through is own Open Society Foundation. The beneficiaries include millions of people that are affected in 120 countries that this foundation operates in. There is no specific reason for donating the money, Soros simply provides those who have been affected by hatred crimes, natural disasters, and many other issues with help.

Recently, the nature of the donations’ that Soros has made have been more politically oriented. This has, naturally, spurred a lot of controversy in the political world as Soros is a known proponent the Democratic party in the United States. After the election in 2016 when the Republicans took over the White House, Soros has begun working towards minimizing the hate crimes and racial injustices that people are exposed to. This provided him with a brand new platform to help millions of people, but it also left him vulnerable to the attack of those conservative voters who are known to bring up conspiracy theories.

Some of the most irrational claims that people have made against Soros, in attempt to demonize the nature of his charity, are composed of claims that he instigated protests. This ranges from protests related to football events all the way to those situations that echoed aggression and injuries.

Most recently, George Soros has committed to one of the largest donation that will be made in the history. After many years of planning, a contribution of $18 billion will be made to the Open Foundation Society. This comes as Soros has turned 87 years which is something people relate to the act in an attempt to justify it as his last will. True or not, by giving this money to his organization, Soros will cap around $30 billion in donations that he has made over the course of his life.

Regardless of the many theories that have been made to try and rid Soros of his justified success, he continues to be the very powerful force in the political world. By contributing to the campaigns such as those of the Democratic party in the 2016 election, he came close to affecting the way that the system works. A more tangible example, after all, is to simply look at millions of people who have seen benefits from the generosity of Soros!

Twitter: https://twitter.com/georgesoros

Leave a Reply

Your email address will not be published. Required fields are marked *