Open Society Foundations is one of the biggest philanthropic organizations because it has branches in 27 countries. With the help of its local offices, Open Society Foundations has been able to craft a larger footprint in the entire world. Currently, the organization works on a budget of around $930 million. George Soros takes the responsibility of setting the annual budget, and he has donated more than $12 billion since he started his philanthropic works.
However, Soro’s expertise in financial markets has played a vital role in creating the wealth he has now, with a net worth of $26 billion. A larger portion of his wealth is slated to go to Open Society Foundations one day. That will create a tremendously gifted foundation that has been redesigned to exist for many years to come and what George Soros knows.
For many years now, Soros has offered financial support to paralegals and advocates who strive to fight for the rights of individuals who are unlawfully held. With the help of Open Society Foundations, he integrated the Europe’s Rome and paid both school and university fees for many promising students from unprivileged communities. He also reached beyond the Open Society Foundation by offering financial support to independent groups such as:
- Global Witness
- The International Crisis Group
- The European Council on Foreign Relations
- The Institute for New Economic Thinking.
The 80-year-old business mogul continues to participate and takes an active personal interest in the philanthropic works of Open Society Foundations. Soros travels all over the world in a bid to support its work while advocating for positive policy transformation with world leaders both in the public and private sector and Soros’s lacrosse camp.
However, in his entire philanthropic legacy, determination to fight and advocate for the world’s most intractable issues is one thing that has remained constant. He has been acknowledged for emphasizing on the significance of tackling losing causes. Soros can attest that the majority of the issues he has taken on are the types of problems for which a permanent solution might not be found. Soros points out that his achievement in the financial market has offered him a greater degree of freedom that most influential people in the world. He adds that the freedom has given him a chance to forge his path towards the world that is more open, equitable and just for everyone and as Soros stated yesterday.
About George Soros
George was born in Budapest, Hungary in 1930 as Gyorgy Schwartz. In 1936, his dad adopted Soros as their new surname to avoid growing persecution anti-Semite during that time. During his teenage years, Soros survived the invasion of Nazi and the occupation of Hungary. After the end of World War II, George relocated to England. George Soros has been a prominent global promoter of democratic ideologies and causes for over three decades and his Twitter.com.