George Soros is a Hungarian-born billionaire, investor and entrepreneur that become an American citizen in 1961. He is often mentioned in relation to his political activism, his childhood during WWII or his amazing stock market investments that netted him a record profit of $1 billion in a single day. What is not talked about nearly enough are his philanthropic endeavors that have benefitted people around the world for over 30 years.
Having given over $12 billion of his own money to aid charitable efforts that appealed to him, he is known as one of the most generous men in the world and is currently listed by Forbes as one of America’s 10 Most Generous Philanthropists. Soros’ creation, the Open Society Foundations was founded in 1993. It is a group of charitable organizations and projects that operate in over 100 countries. The core philosophy used to guide the endeavors they fund is one that states that freedom is only possible when individual rights are maintained and that democracy is required for any society to thrive.
The Open Society Foundations funded by Soros provides grants to both organizations and individuals. The recipients of these grants help to prevent violations of human rights, to promote democracy and to provide educational opportunities to people in need. Soros intends to continue his giving until all citizens of every society have the ability to protect their rights and gain the knowledge that will allow them to improve their lives and the lives of their neighbors. He acknowledges that wealth provided him with the freedom to pursue whatever interests he had in life and he is happy to use that wealth to now help others to enjoy the same level of freedom.
Nearly half of George Soros’ net worth, money earned over a lifetime, has been invested into these grants. There is no sign of Soros ending his involvement in the work. He continues to travel widely and meet with world leaders to help influence change despite being in his 80s.