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Ever since George Soros made $1 billion in one day by betting against the British pound, there have been rumors swirling around him. The conspiracy theories keep coming in the form of allegations that he funded the Black Lives Matter group, as well as Antifa. He has also been accused of paying women to accuse Roy Moore of sexual misconduct. The fact is, however, that George Soros has donated much of his time and money to his philanthropy. Groups all over the world have benefited from his generosity. Although he does donate heavily to democratic party and its endeavors, he contributes much more of his vast fortune to generous causes.
The reason many are creating these conspiracy theories is that he is so outspoken about the causes that he believes in. For example, he gave $27 million to the Democratic party to help prevent George W. Bush from being reelected. The ability to influence and fund causes he believes in scares those who oppose him. They have demonized his philanthropy as a result. He had generously given millions of dollars of his fortune to help those in need. He donates to causes such as helping people in poor countries go to college or even helping new or unstable governments learn how to properly govern themselves so their people can live more satisfying lives.
Most notably, however, was his massive $18 billion donation, as reported by The Atlantic Your text to link…,to his Open Societies Foundations. It is a philanthropy group he created to help a wealth of worthy causes all over the world. This donation was the bulk of his fortune. It will allow him to help more people in need than ever before. This sizable donation has spooked his oppositions and created a firestorm of speculation. In past years, the OSF has contributed over $14 billion in donations. Some who oppose George Soros has even called Open Society Foundations the Death Star. Some believe that he will use the money as a guise to undermine the agenda of the right or to further his political and financial foothold on groups around the globe.
George Soros may be demonized by the opposition, but in fact, he has done a vast amount of good in the world because of his ability and willingness to lend hand to those who need it. Based on his recent actions, he will continue to help where he is needed to benefit the well-being of mankind.
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When a man has everything he needs, especially money, they say his real character reveals itself. Perhaps that is the explanation of the contradiction we discern when observing George Soros.
The 87-year-old billionaire is a member of the elite, but he condemns them for being selfish. He is a Hungarian Jewish immigrant to America, yet he is openly critical of Israel. Although he has made his fortune speculating in financial markets that have fueled capitalism, Mr. Soros routinely castigates the system. An example of this is an article he published in The Atlantic magazine’s February 1997 issue, “The Capitalist Threat” by George Soros.
To make sense of the puzzle that is George Soros we must consider his history. He is a man who due to the cleverness of his parents was able to escape both the Nazi and Soviet occupation of his land of birth. A product of the London School of Economics where he received both a Bachelor and Master of Science degree in Philosophy.
While studying at the London School of Economics Soros was mentored by renowned Philosopher Karl Popper. Young George Soros became fascinated by Popper’s ideas about tolerance, reflexivity, and open society. These three would form the cornerstone of Mr. Soros’ thinking over the next seven decades. In fact, he attributes his ability to accurately interpret the sentiment of the market to Popper’s teachings on reflexive thought. In 1956, the young philosopher made his way to the U.S., and Wall Street. He hit the ground running and never looked back.
According to Forbes magazine’s February 2017 issue, George Soros was the 19th richest person on Earth. When weighed among other hedge fund managers he is first among equals. He is the wealthiest hedge fund manager in the world. His net worth was calculated to be $25.2 billion.
Along the way, Mr. Soros has also become one of the world’s most influential philanthropists. Through his Open Societies Foundation (OSF), he has given away $18 billion through the years. That is according to a recent article in The Atlantic magazine “George Soros and the Demonization of Philanthropy” by Benjamin Soskis, December 2017.
OSF has been instrumental in promoting democracy and tolerance for differences in political opinion. These ideas have been encouraged throughout the world by Mr. Soros. He has held these convictions because of his commitment to the philosophical teachings of Professor Popper at the London School of Economics.
His detractors have accused him of meddling in the affairs of nations. What he is doing is sharing what he learned all those years ago. Tolerance for the opinion of others, even if we disagree, is a benefit to all. The notion of an open society suggests a world where there is not only freedom of commerce, but also tolerance for different behavior and unfamiliar ways of thinking.
To this end, Mr. Soros has impacted society by promoting his progressive views on immigration, civil rights, gay marriage, and opposition to the death penalty. Sure, he could hoard his money, but apparently, that is not who he is.
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Even though there are tons of political contributors and thought leaders in the United States who have helped in crafting this great democracy, one of the opinion leaders, political contributors, authors, and philanthropists who have played a vital role in how the U.S. politics shapes out is George Soros. He has witnessed how the world has undergone the political and social transformation in the past few decades and knows what the world wants to stay united and peaceful. It is why he has fuelled in his hard earned money in just about every U.S. election that happens to ensure that the pro-reform candidates are backed, and democracy wins. George Soros is a man who doesn’t hesitate in taking a stand for his belief and is amongst the first few public figures to openly come out in support of LGBTQ community and the victims of the drug abuse.
George Soros says that the government and the leaders should have an unbiased view of the country’s population, keeping aside their personal beliefs and value system. It is what would help in upholding the constitutional rights of the people and help them trust the government. However, the political situation in country and the world has been disappointing him, and the defeat of Hillary Clinton in the last Presidential Election was a significant setback for him. George Soros spent more than $30 million in the election campaign of Hillary Clinton and was ready to pay more if there was a need. What he needed was a leader at the top of the government who is pro-reforms and leads the government with transparency and unity. However, even as Hillary Clinton couldn’t win the Presidential Election, it didn’t stop George Soros to continue working for people and back the political candidates in the regional and district elections who would eventually help with passing the reform bills he wants to get implemented.
George Soros uses his personal wealth to empower low-income communities in the United States as well as in the other countries. The foundation that he started in the year 1979, Open Society Foundation, is one of the wealthiest foundations in the world and recently received $18 billion from George Soros. It makes Open Society Foundation the second richest charity organization in the world after Bill and Melinda Gates Foundation. George Soros has experienced politics and its dark side very closely in his lifetime and knows what the world needs today for a progressive and peaceful tomorrow. It is for that very reason he puts his money online knowing well that it is the responsibility of the people who have the resources should act now before it’s too late.
George Soros doesn’t only pumps his money to make the world a better place, but also helps in driving awareness and funds protests and movements that help in building political pressure on the government. He has helped back Antifa movement and Black Lives Matter, and even though he was criticized for it by certain sections of the community, George Soros didn’t hesitate in doing what he feels right to bring equality in society.
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