Since launching his Open Society Foundations in 1984, George Soros has donated more than $8 billion to charities around the world.
But instead of gaining a mighty reputation for his philanthropy, or his investment prowess, Soros is reviled abroad and criticized here in his adopted country. Most everywhere Soros, his foundations or his investing have gone, trouble has followed. He’s helped foment revolutions, undermined national currencies and funded radicals around the world. Soros has been convicted of insider dealing in France and fined $3 million, fined another $2 million in his native Hungary. His “foundations have been accused of shielding spies and breaking currency laws” and his investing strategy has been targeted for harming several national currencies.
Even his support for higher education raises huge red flags. Soros has contributed more than $400 million to colleges and universities, including money to most prominent institutions in the United States. He also helped establish Central European University which, in turn, uses its resources to promote his personal goal of an “open society.”
Here in the United States, Soros money provides the foundation for liberal organizations promoting everything from gay marriage and drug legalization to anti-death penalty strategies. While his charitable giving goes to liberal organizations with close ties to the Democratic Party, his political giving goes almost entirely to Democrats.