Billionaire George Soros has pumped nearly $18 billion into the Open Society Foundations the last several years, turning it into one of the world’s largest philanthropic organizations. The money comes from the personal wealth of the 87-year-old Soros, Laura Silber, a spokeswoman for the foundation, said Tuesday. The shift of some of Soros’ wealth from his investment firm was first reported by the Wall Street Journal. Forbes listed Soros’ personal net worth as of Tuesday at $23 billion. Soros has spent nearly $14 billion funding a host of programs around the world, including refugee relief and public health efforts.

Source: Los Angeles Times October 17, 2017 16:08 UTC