George Soros Just Gave The Bulk Of His Wealth To Charity

George Soros is a billionaire who has transferred a large part of his wealth to the Open Society Foundation. This is a charitable organization that was founded by him. It is an international group of charities. It is operating in over 100 countries today on projects that range from refugee relief to public health.

It was in 1979 that George Soros began his journey of charitable giving. This was nine years after he had launched Soros Fund Management. This was the hedge fund that made him a part of the ultra-rich group of Americans.

George Soros has transferred $18 billion to the charitable organization, Open Society Foundations. This figure of $18 billion amounts to nearly 80 percent of the net worth of George Soros. He had a net worth of nearly $23 billion before this transfer and was having a ranking of being the 29th richest person in the world.

With this donation coming from George Soros, Open Society Foundation has reached the top rung of American charities. This is based on its total assets. Now there is only one American charity which is larger than the Open Society Foundation. This is the Bill and Melinda Gates Foundation which is also funded by this famous billionaire couple.

In the four decades since its inception, George Soros has given away $12 billion. His charitable work started with providing scholarships to the black South Africans during the apartheid in the country. Next, he provided photocopiers during the Cold War. These were given to people who were living in Eastern Europe at that time so that they could reprint texts that had been banned by the communist governments. George Soros is responsible for underwriting the largest effort that has been made to integrate Roma in Europe.

George Soros has not had a very easy life. He has seen the Nazi invasion. Then he moved on to study at the London School of Economics. He had to do a series of menial jobs in order to meet his needs. Then he decided to move to the Wall Street in order to make some money and then return to England. This is because he does not believe in the American Constitution and several of its policies. But he could not come back. Today, he lives in New York.

George Soros believes that the human rights policies of America are responsible for perpetrating terrorism in the world. He believes that they have not respected human rights in their own country or anywhere else in the world. He is a firm believer in the rights of refugees too. He says that America should change its stance towards them. George Soros is a great believer in the transparency of a democratically elected government. He says that it should be answerable to the people. Hence he has publicly claimed that he has been responsible for toppling many governments that were not doing so. His support extends much beyond America today.

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