Being a philanthropist is very rewarding when done for the right reasons. There are a lot of billionaires and millionaires that use charitable foundations for tax write-offs and publicity. George Soros is not one of those billionaires. His passion for philanthropy comes from his past.
As a young boy, he grew up in Nazi-occupied Hungary. Even after World War 2 ended, Hungary adopted Communism, leaving Soros no choice but to leave. After living in London, England for a few years, he moved to the United States. After a few years in New York, he became a hedge fund manager on Wall Street.
Now, at 87 years old, Mr. Soros is focused on philanthropy. Honestly, he’s been focused on philanthropy for the last 30-plus years, but he was only recently recognized for his contributions. The NY Times revealed that he’s donated $18 billion to his Open Society Foundations, and learn more about George Soros.
That’s almost the largest transfer of wealth to a single organization made by a single donor. The only organization in the country bigger than Open Society is the Bill and Melinda Gates Foundation. Even though Gates’s foundation is larger, Open Society operates in more countries. Open Society promotes human rights in over 120 countries.
Over the past two years, Open Society’s been supplying aid to the U.S. Since President Trump’s victory, the nation’s been dealing wave after wave of hate and abuse. Nearly every minority group has been attacked by white nationalists. There’s actually too much for Open Society to deal with by itself.
A lot of Democrats and fellow philanthropists praise Soros for his bravely. These are dark times in the world, and people like George Soros make the world a better place. Eileen Heisman, Chief Executive of the National Philanthropic Trust, praises Soros more than anyone. She called him the exactly man the world needs right now.
Unfortunately, all the news about George Soros isn’t good news. One thing that’s clear about the negative news is that it’s also not true news. According to JPost, several right-wing conspiracy theory sites accuse Soros of trying to destroy the world. He’s even been accused of hiring women to accuse Republican candidates of sexual assault.
The demonization of philanthropy is affecting Soros is a bad way. Before, he was able to ignore the hate, but now, he’s responding to some of the outrageous claims.