George Soros is a renowned Hungarian-American author, philanthropist, and business magnate. His net worth is estimated to be $25.2 billion, and is ranked among the 30 richest people in the world. The 86 year-old investor holds a bachelor’s degree in Economics from the London School of Economics as well as master’s degree in philosophy. In the last three decades, Soros has made major contributions when it comes to supporting democratic ideals around the world.
Soros runs an organization known as the Open society Foundations, which specifically deals with philanthropic work. The main objective of this organization is to enhance accountability of governments to their citizens and at the same time develop vibrant and tolerant democracies. More than 100 countries across the world have already benefited from the support that is offered by Soro’s foundation, which focuses on supporting human rights and democracy. Read more at Politico about George Soros.
Funding of Ferguson protests
In order to spur civil action in the United States, the Washington Times reported that George Soros was involved in funding Civil Society groups that were involved in the protest. It is reported that within a span of one year, Soros had given more than $33 million to the groups. Soros has been able to mobilize and fund civil society groups across the country through the years to facilitate the Ferguson protest movement.
The Washing Times reviewed financial records and interviewed key players to verify Mr. Soros’ involvement in the protests. The Open Society Foundations revealed in its recent tax filing that it had released over $33 million in one year to support on-the ground activists and already established groups in Ferguson. According to Open Society Foundations, accountability within the society can only be attained by combining community organization with policy and research. Visit this site to know more at opensocietyfoundations.org.
Involvement in Democratic Politics
Apart from being involved in philanthropic work and activism, George Soros is also known to fund various political activities and initiatives. According to Politico, Soros was one of the leading sponsors of the Democratic campaigns in 2004. It is reported that Soros donated more than $27 million to the Democratic campaign and has since then been involved in fundraising initiatives for the Democratic Party.
The Federal Election Commission records reveal that he committed more $25 million towards supporting various Democratic candidates such as Hillary Clinton. His support for Democratic causes is informed by the fact that he has been a friend of the Clinton family for more than 25 years. As an elite liberal donor, Soros has the ability to catalyze other rich activists and donors to fund or support similar causes. Apart from funding individual candidates, Soros has also been active in promoting democratic ideal in the United States by supporting voter mobilization and fighting all the efforts that restrict voting.