George Soros may be the 29th richest person on the planet – with an estimated worth of $11 billion – but things weren’t always so rosy for the illustrious investor.
Interviewed on Harlem Talk Radio, the Hungarian native, whose family was forced underground to evade the Nazis during World War II – and who later worked as a railway porter – recounts what prompted his most recent act of munificence.
This week, George announced that his Open Society Institute made a $35 million donation to Back To School New York, a joint effort with the State of New York and U.S. Dept. of Health and Human Services that provides grants of $200 per child to more than 850,000 families receiving public assistance or food stamps. The money is to be used to buy clothes and supplies for the new academic year. Continue reading