George Soros Philanthropy and his Political Involvements

Soros George was born in Hungary on 12th August 1930. His family moved to England where he managed to join London School of Economics. He was working as he attended school and after completing school, he made sure to progress in life. Soros went from working as a waiter and railway porter when he was in school to become a bank merchant. He later relocated to New York where he made changes in his life by getting his start on Wall Street and the establishment of his hedge fund which took place in the year 1969. His hedge fund cost him a total of $12 million to establish. George was willing to spend a huge amount of money because he knew what he wanted from what he was establishing. In what he did, he did not look at the amount of money he used but what would come out of it in the long run. Learn more on discoverthenetworks.org about George Soros.

George Soros is known to be a philanthropist. In the year 1979, Soros started to test the proverbial philanthropy waters. Five years after that, George Soros launched his first Open Society Foundations in Hungary. The foundation was named after Karl Popper’s concept, to assist in building vibrant as well as tolerant democracies where administrations show accountability for the citizens. In the year 1987 when he opened his office in Moscow, is when he began to use huge amounts of money meant for supporting various groups as well as causes. Soros states that his spending increased to $300 million in 1992 from $3 million in 1978. This fact gives a clear impression that Soros was determined in offering help to as many organizations as he would. He was focused on making sure he made the best out of the money he was making by using it to offer a helping hand to other people in the society. Know more on Business Insider about George Soros.

George Soros is known as the millionaire who dialed back his giving. He has committed more than $25 million to offer support to Hillary Clinton as well as other candidates in democratic parties and causes as pointed out in statistics provided by the Federal Election Commission. In 2004, Soros spent $27 million trying to defeat President George W. Bush. Even though he used as much money, he still reemerged as the leading individual funding democratic politics. He is also known to be the leading conservative boogeyman. Soros has spent millions of dollars, and in the few instances he has not succeeded in the political causes he has supported, he has not given up in offering his helping hand whenever he can

Source

Forbes https://www.forbes.com/profile/george-soros/

Discover the Networks http://www.discoverthenetworks.org/individualProfile.asp?indid=977

Politico http://www.politico.com/story/2016/07/george-soros-democratic-convention-226267

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