George Soros Has Generously Given To Improve The Lives Of Thousands

We often think of donations as something we do on a whim. Someone standing outside the grocery store holding a bucket for their cause asks for a donation and you decide to throw in your spare change or a dollar. While these small acts of generosity do add u over time, we sometimes fail to realize that massive donations are made to charities all across the globe each and every day. An even lesser known fact is that just last month one of the largest single donations to a charitable organization in history was made. According to an October 17th article from The New York Times, George Soros who is famously known as a world renowned hedge fund manager, donated $18 billion to the Open Society Foundations of which he helped to create. This large sum of money will be used to continue the efforts of the Open Society to promote democracy and defend vigorously the human rights of those around the world who are persecuted and cannot defend themselves all around the world. The extremely generous donation makes the charity organization that Soros founded over 30 years ago the second largest of its type in the United States. George Soros has a long history of donating a portion of his wealth to worth causes. After the 2016 presidential election there was notable uptick in violence in the United States against minorities and to do his part to help quell this Soros donated $10 million of his personal money to help law enforcement other organizations see that those who had committed the crimes were brought to justice and future crimes of that nature could potentially be stopped. According to an October 19th article by Forbes, Soros lowered his own personal net worth from around $23 billion to around $8 billion after this generous donation. It is said that Soros is not one for titles and could care less about his position on Forbes’ list of wealthiest Americans. All of these funds that have been transferred will still be managed by the same team who previously managed them just now under the ownership of the Open Society Foundations as opposed to Soros himself. With the recent issues of displaced refugees, much of the organizations focus as of late has been to donate to organizations that aid in finding a permanent home from those who have made the brave effort to escape from war torn countries or other forms of persecution to make a better lives for themselves and for their families. Soros realizes that his wealth is far greater than almost anyone else in the world will ever see. He realizes that others could see better use from those funds than himself and thus has made the active decision to help those in need. The generosity of George Soros and his continued support of so many organizations that are invaluable to thousands of people is sure to improve the lives of those who otherwise may not have had such an opportunity. and Follow him Twitter.com