When George Soros looks back on his life, and there’s quite a full one to look back on, he’ll be able to say that he lived it according to his own ideals and that he set up as many people for success as possible. While George Soros is most well known for his work as an investor and hedge fund manager, Soros has also become a folk hero for his work in the philanthropic world. Soros only furthered his iconic history in the philanthropic world when the news quickly broke that he had donated the vast majority of his wealth to charity.
According to financial reports, Soros donated nearly $18 billion of his own personal fortune to the Open Society Foundations. The Open Society Foundations was started by George Soros in the ’70s as an answer to some of the big problems plaguing the world. Soros had studied Karl Popper intensely as a student and he had come to appreciate the message of social responsibility and human-first actions. Soros and the Open Society Foundations has helped grassroots foundations in pretty much every corner of the globe over the years, donating almost $19 billion to causes in their 40 years of existence. From the persecuted Roma people to the march for marriage equality, and everything in between, Soros and the OSF have been there.
As one of the wealthiest people on Earth, eyebrows were obviously going to be raised when it was revealed that Soros had donated the majority of his wealth to charity. Soros didn’t waste time in giving an answer and he abruptly took to his website to release a message. Soros wrote extensively on his website, making it clear that he felt obligated to donate because “others cannot”. Soros cited his success with financial market as one of the driving factors allowing him to be so active and open regarding his charity.
George Soros has been one of the defining stories for the so-caled American Dream. As a survivor of the Nazi occupation in Hungary, Soros saw the brutality of man up close and personal. Soros and his family survived and fled to London. In London, Soros studied extensively and eventually crafted an appreciation of the works of Karl Popper. Soros would hold fast to this inspiration and use it to guide his work in America — where he emigrated in the ’50s. Soros would establish Soros Fund Management in 1969 and since then the company has been soaring.
Soros’ work in the philanthropic field became more pronounced in the wake of Donald Trump’s meteoric rise in 2016. Trump’s brand of fiery nationalism seemed to emboldened racists and nationalists all over the country. Trump’s rise up the GOP ladder corresponded directly with a sweeping influx of hate crimes across the country. Soros dedicated $10 million following Trump’s win during the election and it seems like he has more than doubled down on his efforts over the past year. Soros stands tall as a symbol of humanitarian hope.
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