George Soros Plans To Give Open Society Foundations Vast Amounts Of His Wealth

George Soros, the famed philanthropist and investor, may have overdone himself this time. He has given a major portion of his personal wealth to what appears to be his favorite charity, the Open Society Foundations. He transferred a total of $18 billion from his personal wealth to the coffers of the OSF. That must be a cause for celebration for the proponents and stakeholders of this institution.

To date, Soros has given away over $32 billion to the OSF for its charity work all over the world. Apart from this, the philanthropist has also heavily supported the Central European University in Budapest which he also founded. This center is leading its region in the study of social sciences. Soros started investing his wealth in 1970 when he started Soros Fund Management as his hedge fund. Since then, he joined an elite group of the best investors in the United States.

He began his work in philanthropy in 1979 by providing scholarships to Black Africans who were suffering from the curse of apartheid. Soros then turned to his native land Hungary and financially supported Hungarians who need to visit the west for academic studies. He also supported the launching of social initiatives and fledgling cultural groups. When the Berlin Wall fell in 1992, the philanthropist established the Central European University where he envisioned a space that will encourage critical thinking. This was a taboo at that time in the closed quarters of the communist regime. After the cold war, he set his philanthropic visions to the United States, Asia, Latin America and Africa.

Even if he is already in his 80s, Soros has vigorously taken an active role in the charitable works of the Open Society Foundations. He continues to advocate policy changes with the leaders of the world privately and publicly and travels widely in support of OSF’s activities. His recent donation of $18 billion to OSF has brought his total contribution to the institution at more than $32 billion. This amount effectively made OSF second only to the foundation of the tech magnate Bill Gates.

OSF worked on a budget of $941 million in 2017. This was spent giving financial aid to seven regions around the world and in 10 classifications. Some of these categories include human rights groups, justice reform, early childhood education, rule of law and assorted institutions. According to Laura Silber, a spokeswoman for OSF, the foundation has already spent approximately $14 billion since it started its charitable works in the 1980s.

The foundation gives out its charities in over 100 countries around the world. It has supported the fight against authoritarianism, the LGBT community and marginalized groups, and also championed human rights causes. An official of the foundation also revealed that Soros is planning to give the majority of his personal wealth to the OSF. Soros, incidentally, is also the chairman of charitable institution. Soros has also supported the works of other charitable organizations. These include the International Crisis Group, the Institute for New Economic Thinking, the European Council on Foreign Relations and the Global Witness.

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Adam Milstein Greatest Accomplishment

Adam Milstein is one of the philanthropists that has assisted a lot of people in the community and be recognized all over the world. He as well graduated with an MBA from USC but at first he was at Technion where he graduated them he went to the United States. His determination landed him to be the managing partner at Hager Pacific Properties. Through his belief in helping the society, he is well recognized all over the world. Real estate investment is the main sector that he mostly deals with. Due to the belief of the Jewish Culture, he was able to bring together the Jewish community to work together o they can achieve more.

One of the foundations that together with his wife Gila began is Sifriyat Pijama B’America whereby the main reason behind the Milstein foundation is the foundation is to deliver books which are written in Jewish each month these enable them to learn more about their culture hence they are able to live peacefully. Furthermore, these enabled him to be the co-founder of the Israel-American Council and also chosen the national chairman.Adam Milstein as a successful investor is also he ensures that he helps another upcoming investor to achieve their objective hence they are happy with the support that they achieve.

His first main job was being a broker and always wanted to achieve more these pushed him to accomplish and learn more about a real estate agent. As the managing partner, he uses his management skills to run the organization hence the staff members always reach their potential. Clients in the organization always come back for more services of the organization these are due to being treated fairly and attended first.The professional of the organization are well trained hence these give clients faith in the organization services that they provide. Through ensuring the staff members of the organization always have better bonding among them it makes the organization make more profit. Adam Milstein also ensures that they connect with other top organization in the world so they can come up with better strategies to provide better services.