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George Soros, a Philanthropist without Limits

After reading many theories and books on philosophy, George Soros started having an urge to understand why nobody is in a position to access the ultimate truth. George Soros found out that the reason was people’s perception of ultimate truth was the treatment of different aspects as the same in all matters in life. This withheld them from accessing the ultimate truth since not all spheres of life are the same.

Political and economic lives are different and they should be handled differently. Similarly, different spheres should be approached differently as George reveals. In his article on the Atlanta, he says that he applied this approach in his investments and he was able to have more money than he needed.

In 1979, he was able to open his own Open Society Foundation from his extra income. He aimed at promoting a more transparent and democratic society through the Foundation and helping people to be independent and critical thinkers of matters at hand rather than being limited to how things are usually done. He grew the foundation to a worldwide level and operates in different countries.

George has supported the concept of open society in over 25 countries that fight against totalitarianism. He has donated to movements that seem to be opposed to totalitarianism to promote their objectives. His efforts have not been entirely successful since he has failed in some countries making him to close his Foundations in such countries.

His first philanthropic work started in South Africa where he gave scholarships to the South African students who were by then oppressed by the apartheid rule. He also helped cultural groups and other initiatives in 1980s in exchanging ideas in Hungary which was communist based by supporting academic visits.

He started the Central European University to promote critical thinking in Hungary after fall of Berlin Wall in the midst of communist based Universities in the area. The concept was unheard of at that moment but was gradually accepted later. Driven by the urge to have an open society, George has supported freedom of actions that seems unlawful in the society. He finds such actions being the solutions as opposed to what others see them and is always in a position to justify his moves by giving reason and the real solution to such problems.

As an international NGO operator, his Open Society Foundation has earned billions of money through donations and other means. Fund managers to such organizations are expected to pay taxes for income earned outside the United States. According to Bloomberg, Soros has donated close to $ 18 billion to his foundation in several years. The foundation is one of the largest charitable world foundations.

Apart from his own foundations, George has supported other foundations that work in his line of thoughts. Currently, he is working on redesigning his conceptual framework on the open society since it seems to have been widely accepted. His revision will now focus on using the open society concept to achieve personal growth and other positive gains rather than wasting it.

George Soros Donated $2 Million To Maricopa Strong To Campaign Against Arpaio

George Soros has stepped up his efforts of pushing for criminal justice and immigration reform through a $2 million contribution to a group working to defeat Joe Arpaio, the sheriff of Maricopa County. This amount was donated early last month.

The group, popularly referred to as Maricopa Strong, has also received funding from other wealthy individuals. They include Texas billionaires Laura and Arnold group and Laurene Powell Jobs. Laura and John Arnold donated $500,000 to the cause while Laurene, the widow of Apple co-founder Steve Jobs, donated $250,000. Before donating $2 million, George Soros had previously contributed $300,000 to the Maricopa Strong group.

Maricopa Strong is one of the many campaigns that the self-made billionaire has funded in efforts to defeat local prosecutors. The campaigns aim at replacing the anti-reform prosecutors with individuals who support the criminal justice reform agenda. Some of the campaigns that Soros has supported include district attorney races in Huston, Denver, and Phoenix. In Houston, George Soros has donated over $1 million dollars towards various elections in Harris County. He has also contributed $1.5 million to help unseat the current district attorney in Jefferson County, Denver.

George Soros’ donation to the campaigns against Jose Arpaio, an established liberal boogeyman, is the largest that the billionaire has made towards a local race in 2016. The campaign is of particular interest to Soros as it has the possibilities of securing both immigration and criminal justice reforms. These two areas are of special interests to the liberal funder.

Read more: The Capitalist Threat

Arpaio is a famous sheriff in Arizona. He has gained fame because of his strong stand against illegal immigration. Federal prosecutors with contempt of the court have also charged him for his efforts in the violation of a court order that was aimed at stopping discriminatory practices in Arizona.

The sheriff’s strong stance on anti-reform has seen the formation of Maricopa Strong. The group is keen on unseating Arpaio. The group’s effort has seen it spend over $2.9 million in the sheriff race. The donations made by George Soros will ensure that the group can spend more money in campaigns ads that aim at boosting the election of Paul Penzone, a Democratic candidate. The money will be expended on TV ads and mailers. Soros has been solely funding Paul Penzone’s campaigns. However, Jobs and the Arnolds recently joined the billionaire.

TV ads against Arpaio have focused on his failures. For instance, one ad claimed that the sheriff was focused on pushing his personal agenda against immigration reforms while at the same time neglecting his duties. This aspect of misplaced priorities resulted into many cases of assaults, rapes, and child molestation. His absence means that many of these cases were not investigated. This way, many criminals walked away free.

Previously, Penzone’s campaign was receiving less funds compared to Arpaio’s campaigns. Arpaio has spent over $2.8 million on TV ads. He has sourced for funding from across the United States. The sheriff has leaned on the national recognition of his name to source for campaign money. Recent opinion polls have shown that Penzone is leading Arpaio. Soros hopes to maintain the Democratic candidate’s lead and ensure that he wins the election.

Read more from George Soros over at NY Books

George Soros Is Financially Leading The Democratic Party

George Soros, despite his thoughts of cutting back on giving money towards financial purposes, has donated way over 30 million dollars to the democratic committee. Some of this money is also used to show the true colors of the republican party.

George Soros began giving money to the democratic party some 10 years ago. He stopped for a while because George W. Bush Jr. beat the democratic nominee that year. This made George realize that it is not money that wins the election. From then on, he has been keeping his eyes on all of their ways.

George Soros decided to give money again when he was informed that he is longtime friend Hilary Clinton was running for president. It has been found out that George gave the Hilary camp over 19 million dollars. In fact, George was scheduled to come to Philadelphia to see Hilary accept the nomination for President of the United States. George changed his plans after he was informed that Europe is having a day of havoc within the financial market.

George Soros has many investments within the financial market of Europe, so he decided to keep his eyes on Europe’s funds instead of on Hilary Clinton. Sources have stated that, despite not being there, George is still going to watch all of the news coverage concerning the democratic national convention.

Read more: Soros Says Brexit Has ‘Unleashed’ a Financial-Markets Crisis

George Soros also made it clear that he is not donating money just because of Hilary. Yes, she is definitely a friend. However, George wants the left-wing party to know that he supports the democrats as a whole.

If someone other than Hilary Clinton was running for president, George said he would be supporting them. He believes this is the election where democratic supports need to rise up. Many democratic states are predicting to go republican this time around. George wants to do everything in his power to stop this. George Soros is also not fond of the republican nominee for president of the United States, either. Though, he would not be fond with any republican nominee.

It has not been determined yet if George is going to donate any more money to Hilary Clinton. However, many sources have stated that they know for sure George is done with his giving for this election on Investopedia. George Soros wants to start focusing on donating money to programs that help children further their education. George is expected to give approximately 400+ million dollars to charities worldwide.