According to Forbes, George Soros has been on the America’s richest people list since he joined it over 30 years ago. This shows that his earning a fortune has not been out of luck but his hard work consistently. He was recently flagged for the amount of money he had donated toward Open Society Foundations. He channeled 18 billion dollars towards that organization, 3 billion dollars of which Forbes had already done its math on. When the other 15 billion dollars appeared in the limelight, the organization went up the ladder in the philanthropic world. It became amongst the topmost organization in that field of work. The net worth of George was at 23 billion dollars before he made the decision to give a huge chunk of it to Open Society Foundations which placed him at the 20th position of the richest men in America. After his donation, he came down the rank to the 59th richest man but his organization became amongst the top in its industry of work, and Twitter.com.
George Soros through his organization has helped thousands of people all around the world. To date, his beneficiaries are people who are oppressed such as immigrants, children who cannot afford a good education and the organizations that stand for the human rights, people’s freedom of speech, justice, and democracy in leadership. As a strong supporter of living in an open society, he believes that accountability must be driven so that people can co-exist is a safe and fair environment. Using the funds that George gave the Foundation, they hope to be able to reach out to more people and expand their work. The programs they have are different. Since there is a huge chunk of money involved, the Soros Fund Management will be the one monitoring the usage of the funds to make sure that they are being used for their intended purpose. A CIO was also brought on board to help with the management of the funds, and what George Soros knows.
George Soros grew up in Hungary. He later moved to London in search of education as he escaped communism. Since he did not have the money to support his education, he had to work more than one job to be able to afford his school fees. Soon after he completed this milestone, he moved on to find greener pastures in the United States. This is where his hard work paid off. He became one of the richest businessmen in this country. He started off working at Wall Street before he started his own hedge fund. He also became a guru at market studies and this earned him a huge chunk of money after he placed a bet and won it overnight. He then started giving back to the community through supporting liberal causes, education, healthcare and justice all over the world. Having experienced the wrath of living in a community where open exchange of ideas was not allowed, he believes that people should have an opportunity to express themselves, and more information click here.