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Gorge Soros: The Hungarian-American Philanthropist, Investor, and Author

Gorge Soros is among the foremost philanthropists in the world, having given away more than $12 billion so far. His funding has supported organizations and individuals worldwide fighting for the accountable government, transparency, freedom of expression, and also societies promoting equality and justice.This giving has frequently focused on people facing discrimination solely for who they are. Soros has supported groups that are representing Roma people in Europe, as well as others shoved to the mainstream society’s margins, like LGBTI people, sex workers, and drug users.Soros has undergone such intolerance first hand. He was born in Hungary in 1930. He survived through the 1944–5 Nazi occupation, which caused the death of more than 500,000 Jews from Hungary. Soro’s family lived by acquiring identity papers that were fake, hiding their backgrounds, and assisting others in doing the same.In the year 1947, after the war, Soros left Budapest for London. He started working part-time as a nightclub waiter and a railway porter to support his education at LSE (London School of Economics). He migrated to the U.S. entering the finance and investment world, in 1956.

He started his hedge fund called Soros Fund Management, in 1970; he went on and became among the investors who are successful in the United States history. He used his fortune for creating the OSF (Open Society Foundations), which is a network of projects, partners, and foundations in more than 100 nations. Its name and work are reflecting on the influence on the thinking of Soros of the Karl Popper philosophy, which he first faced at the LSE.In Popper’s book called Open Society and Its Enemies, he argues claims that no ideology or philosophy is the final truth arbiter and that societies could only thrive when they are allowing for freedom of expression, democratic governance, and also individual rights respect.Soros started his philanthropy in the year 1979, providing scholarships to South Africans who were under apartheid.

After the Berlin Wall fall, Soros founded Central European University (CEU) as a space of fostering critical thinking. He has supported lawyers and paralegals who were representing unlawfully held individuals and provided university and school fees for many promising students from sidelined groups.According to the Soros’ cover story on https://www.nytimes.com/topic/person/george-soros, in the theoretical aspect of history, Hegel saw a disturbing pattern of history-civilizations crack and fall owing to a gruesome intensification of their first principles.Although he got riches in the financial markets, he fears the untrammeled laissez-faire capitalism intensification, as well as the market values expansion into all the areas of life, is threatening our democratic and open society. The open society main aim, he believes, is now the capitalist threat but not the communist.