George Soros has broken the world record by donating $18 billion to the Open Systems Foundation in this year. As the founder of the organization, George Soros has shown his leadership skills and generosity by ensuring that the foundation gets all the monetary support necessary for its development. He has been giving $800 million to $900 million annually before this whopping $18 billion. In fact today, the Open System Foundation has grown under the leadership of George Soros to the level of the second largest philanthropic foundation in the US.
Open system foundation is a charity organization that helps in the improvement of the living status of different people in the society. It was founded in 1984 at Hungary in the UK, but later George Soros transferred it to New York, the USA in the later years. For over three decades now, the foundation has ensured that there is a democracy not only in the US but also in the world over. For instance, in 2014, the Open System Foundation funded the treatment programs for the patients who were diagnosed with Ebola during its outbreak in the western part of the globe. Similarly, in 2016, it also worked for hand in hand with the Democrats in the presidential campaigns and elections giving financial support to their candidate, Hillary Clinton. Upon the completion of the election process, the foundation also made remarkable efforts to reduce the levels of hatred that had existed in the US based on race, political affiliation, and other social lines. Currently, the Foundation is operational in more than 120 countries all over the world, and it has also extended its focus on the protection of the rights of the special groups such as the gays, the victims of war, and the victims of harassment from the police.
George Soros started his entrepreneurial skills from the time he got the nickname ‘the Man Who Broke the Bank of England’ because he won a $1 billion bet he placed against the British currency. George Soros philanthropic character began when he read Karl Popper’s book, “Open Society Enemies,” which in turn formed part of the name of the foundation in its initial state in 1947 Hungary, UK. George Soros has been running the organization mostly from his account through donations. For instance, he has been donating between $800 million and $900 million annually before he eventually unleashed the $18 billion, which he also did not boast about to have done. In fact, the news came out through the reports on the Wall Street Journal. George Soros has contributed to many charity organizations in addition to the Open System Foundation. For instance, he got involved in the election process in the US in 2016. George Soros has been opening his arms to most countries in the world, and he has today ensured that the Open System Foundation becomes the second charity foundation in the whole world after Bill and Melinda Gates Foundation and more