George Soros funds own philanthropy with $18 billion
George Soros je donirao svom filantropskom fondu 18 biliona dolara
Jewish-American billionaire George Soros has transferred $18 billion to Open Society Foundations, a philanthropy he founded.
The gift, made over several years but first disclosed on Tuesday, is one of the largest transfers of wealth ever made by a private donor to one foundation, The New York Times reported.
Open Society is now the second largest philanthropic organization by assets in the United States behind the Bill and Melinda Gates Foundation, The Wall Street Journal reported. The foundations, which provide about $900 million annually for programs and grants, now hold most of Soros’ fortune. He reportedly is planning to give another $2 billion to the foundations in coming years.
Američki židovski bilijuner George Soros je prenio 18 bilijuna dolara na Fondaciju "Otvoreno društvo", koju on podupire. Taj dar se dodjeljuje godinama, ali je prvi puta prenesen u utorak, je najveći koji je privatno doniran nekom fondu. "Otvoreno društvo" je sada druga najveća filantropska organizacija uz fondacija, u USA, Billa i Melinde Gates.
Soros fondacija daje oko 900 milijuna dolara godišnje za programe i grantove, najviše to zahvaljuje Sorošu. On planira u naredne dvije godine donirati još 2 biliona dolara.
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Soros, 87, a major Democratic donor, earned his wealth as a hedge fund manager. His fortune currently is worth about $23 billion.
Open Society, which was founded by Soros more than 30 years ago, promotes democracy and human rights in more than 120 countries. In recent years, the philanthropy has provided funding to programs in the United States to protect gays and lesbians and reduce abuses by police, according to The Times.
Soros is frequently vilified by European right-wing politicians for his support of pro-democracy efforts through Open Society...