George Soros $18 Billion Contribution Saga Creates Repercussions in the United States

To the philanthropic world, October this year was a major milestone with the news of $18 billion transfer from the hedge fund billionaire, George Soros, to his philanthropic wing, Open Society Foundations. While most people were elated with the great news that could overturn the struggling days of millions of people, there was a sect of people who were not happy with the developments. It was none other than the conservative groups in the country as they consider George Soros as the primary target due to political differences. Per The Atlantic, the contribution bonanza has made apprehensions in all the darkest forces who are generally termed as his antagonists.

However, the contribution made the Open Society Foundations be the second largest charity organizations in the country behind the Gates Foundation. Breitbart, a right-wing website, described the new feat by pointing out Open Society Foundations as a “death star.” Similarly, many other right-wing theorists and medias came with their known illusions to demonize the noble contribution made by Soros for helping to create a more cosmopolitan society which is not differentiated by barriers. It is not the first time the right groups targeting George Soros as he was always proclaimed liberal values and progressive politics.

A close analysis of these conspiracy theories reveals that they are served to conceal the partisan divisions in the conservative side along with the general apprehensions of the financial elites. It is forcing them to focus on ideological frustrations and target a set of magnificent individuals who are from the opposite stream of the politics. However, they fail to capture that when conservatives target generous billionaires like George Soros, liberals will try to expose greedy conservative billionaires like Robert Mercer, Koch brothers, and more. Convincingly, the liberal theories would be more credible and stand along with reality as a significant number of conservative elites are considered by the public as dark money and agenda groups.

George Soros has proved many times that he has the greater integrity to open society ideologies, where every citizen gets the freedom to choose what they wanted without any barriers. This is the reason Soros established Open Society Foundations in the early 90s. It voices for democracy across the world, supports marginalized sections, campaigns for transparency, encourages free speech, and more. Open Society Foundations has a more significant network in nearly 100 countries and shaping the societies across the globe with a vision of the barrier-less world.

He was born in Hungary’s capital Budapest in 1930 and survived the Nazi invasion in his childhood. Soros and his family moved to England after the Second World War, and he chose to enroll at London School of Economics. After completing his graduation, Soros decided to move to the United States. From 1956, he started stock trading at the Wall Street. In 1970, Soros founded a hedge fund firm, to tap his investment thoughts and market analysis, named Soros Fund Management. It created excellent financial success in the market and gave financial freedom for Soros to concentrate on philanthropic efforts in the later years.


Leave a Reply