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87-year-old George Soros has transferred part of his money to charity

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87-year-old George Soros has transferred part of his money to charity
October 18
09:00 2017

Perhaps the most famous financier of the world, an American businessman George Soros, has transferred $ 18 billion of the personal wealth to the charitable foundation. This became known through the publication in The Wall Street Journal. The fund, to which Soros has donated his capital, is called Open Society Foundations.

The Fund deals with health problems in various countries. The sphere of interests of the charitable foundation also covers problems of integration of refugees and protection of the rights of national minorities.

About four dozen organizations around the world work under the name “Open Society Foundation”.

George Soros is a philanthropist with great experience; after all, he started to do charity work 38 years ago.
Now when the well-known financier has turned 87 years old, he decided to retire and cease to independently conduct trading operations with money belonging to the fund.

The Open Society Foundation will become one of the largest charitable organizations in the world due to the transfer of US $ 18 billion by George Soros. In fact, only the Foundation of Bill and Melinda Gates will remain rich.

Warren Buffett, another well-known financier, is one of the founders and managers of the world’s largest fund. Seven years ago he gave to the charity record 37 billion US dollars. It was the year of 2016 when Gates himself donated to charity the most part of his personal capital – $ 31 billion.

We, the editorial office of the portal Money-Investing, sincerely wish all the fans of ostentation (from golden toilets to multi-million yachts) to make the example of these worthy people and think of everybody except themselves. Many world-famous financiers and investors have been known for many years for their charitable work, which does not affect the growth of their personal capital.

The material was prepared with the participation of Andrey Majorov,
a leading analyst of the brokerage company CT Trade

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