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Soros shifts US$18b to his pro-democracy foundation

Contribution vaults Open Society Foundations into one of the biggest charities in the US

Published Wed, Oct 18, 2017 · 09:50 PM
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Washington

BILLIONAIRE financier George Soros, known for donating to liberal causes, now commands one of the most powerful philanthropies in the United States after having moved US$18 billion of his personal wealth into his Open Society Foundations.

The philanthropy, launched in 1979 with scholarships to black South Africans under apartheid, supports efforts to promote justice and equality around the globe.

The latest contribution vaults the charity into one of the biggest in the US, behind…

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