George Soros gives $18 million to philanthropy he founded

Soros gift is one of the largest transfers of wealth ever made by a private donor to one foundation.

Tags: George Soros
JTA, Arutz Sheva Staff ,

George Soros
George Soros
Sean Gallup/Getty Images

Billionaire George Soros has given $18 billion to Open Society Foundations, an organization that 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 foundation now holds most of Soros’ fortune.

Soros, 87, is currently worth about $23 billion.

In 2013, a report by NGO Monitor showed Soros to be funding the Israeli-Arab conflict by supporting anti-Israel groups. Soros also funded anti-Trump demonstrations.



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