George Soros: Donating His Fortune To Foundations

George Soros is considered as one of the wealthiest men in the world, with a net worth of more than $26 billion. However, in 2017, his net worth shrank to $8 billion, because he already donated $18 billion to his philanthropic arm called the Open Society Foundations. George Soros stated that he would further donate $2 billion to the Asian counterpart of the Open Society Foundations, and he added that losing most of his fortune because it has been given to goodwill is one of the best decisions that he made. George Soros is already old, and he wanted to leave his mark on the face of the planet, which is why he is mobilizing his foundations to do something good for the people.

Living in terror as the Nazis occupy his hometown, George Soros had to hide every day during the Second World War. When the Nazis invaded Hungary, he and his family had to go to a safe place where the Nazis would never see them. He is part Jew, and it means suicide when the Nazis captured them. George Soros managed to survive the deadliest war in the history of men and went on to become a student of economics in London. He had to do several jobs per day to support his studies, and all of it paid off when he received his diploma. He decided to move to the United States in the 1970s and started learning about trading and hedge funds.

Most of the wealth that George Soros made came from trading and building hedge funds. When he noticed that his money keeps on growing exponentially, he decided to invest most of it in different businesses, creating his business empire. Fast forward to the present day, George Soros is considered as one of the most influential people on the planet because of the vast amount of wealth that he has. He is also accused by some as a destabilizer, using his foundations and money to topple governments across the world that does not adhere to his dream of creating a global Liberal Utopia. However, supporters of George Soros dismissed the accusations as mere conspiracy theories and revealed that George Soros just merely wanted to help people and nothing else.

The Asian counterpart of the Open Societies Foundations also stated that the money given to them is not used for destabilizing governments. They presented some of the beneficiaries of the funds provided by George Soros, and it includes the Nepalese families who have gained justice because of the arrest of the military personnel who tortured their loved ones in the early 2000s. They also presented the Indian farmers who were assisted in purchasing new trucks, and the school children in Mongolia that were given the rights to study. The Open Society Foundations explained that what they are doing is goodwill across the globe, and they stated that the money of George Soros goes to good hands. George Soros, on the other hand, expressed his gratitude to all who believe in their causes for the benefit of humanity.

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